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Lyvia Group Acquires 100 Per Cent Of Itss, Poland'S Leading Cyber Security Company

PRIVATEJun 13, 2023

Acquiring Company

Lyvia

Acquired Company

ITSS

NetherlandsSoftwareInformation TechnologySecurityCyber Security

Description

Lyvia, the European business group, has acquired IT Systems and Solution sp. z o.o. [ITSS], one of Poland's leading cyber security companies, marking its first entry into this high-growth sector and the second acquisition by Lyvia's Central and Eastern Europe division.

Other recent acquisitions in Security and Cyber Security

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Lyvia

Location

Netherlands

About

Lyvia's starting point is to identify companies in which it can be a long-term owner and partner. Lyvia believes this helps allow entrepreneurs to focus on nurturing their businesses by making decisions that drive organic growth, recurring revenues and attractive margins. Crucially, Lyvia believes no one is better qualified to run a business than the entrepreneur that created it. This is in line with its Nordic corporate heritage, which places transparency, governance and responsibility at the center of operations. Lyvia not only owns and manages brands, but also seeks to enhance collaboration between the companies in which it is involved. This includes operational and financial synergies as well as access to an ecosystem of like-minded entrepreneurs. Lyvia's management has deep experience in industry and entrepreneurialism, with a backbone in B2B software services and a successful track record of building companies since 2003. SOURCE Lyvia Group AB (publ)

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Frequently asked

Who acquired ITSS?

ITSS was acquired by Lyvia, based in Netherlands. The deal was reported on June 13, 2023. Lyvia's starting point is to identify companies in which it can be a long-term owner and partner. Lyvia is privately held and operates in Software.

When did Lyvia acquire ITSS?

Lyvia's acquisition of ITSS was reported on June 13, 2023. Lyvia, the European business group, has acquired IT Systems and Solution sp. z o.o. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does ITSS do?

ITSS offers state-of-the-art solutions for cyber security, cloud technologies, and IT infrastructure. The Company creates customized services for each client, with a focus on advanced security and IT system optimization. It is privately held, operating in Information Technology.

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