ECIT AS hereby announce that Competensum AB has become a part of ECIT.
Competensum AB provides HR and payroll services to its clients. The acquisition strengthens ECIT’s service offering within payroll and HR while also expanding its presence in Helsingborg.
ECIT has acquired 82.5% of the shares in the company. Ann-Sofi Aru (founder) and Camilla Danielsson (CEO) will remain as co-owners.
"We are very pleased to welcome Ann-Sofi, Camilla, and the Competensum AB team to the ECIT family. Adding a company with a strong HR focus to the group is a significant boost for our payroll and HR services in Sweden. The HR field is evolving rapidly, particularly with new regulations on pay equity, the pay transparency directive, and ESG. Expanding our service portfolio with specialised expertise in these areas is both exciting and strategically important for the future," says Maria Nordstrand, Nordic Head of Payroll at ECIT.
About Competensum AB
Founded in 2008 as a vocational college, Competensum AB has since evolved into a strategic HR and payroll agency that works closely with its clients to support their long-term business goals. Competensum AB provides HR and payroll services and has 20 employees with a turnover of SEK 26 million as of December 31, 2024. Read more here: https://competensum.se/
About ECIT
Founded in 2013, ECIT supports a large customer base with accounting, payroll, and IT services. ECIT has a proven model for acquisitions, combining proximity to customers, local entrepreneurship and the strength of a larger international group. ECIT has a full-year proforma revenue of 3.8 billion NOK per Q3 2024 and more than 2,500 employees across ten countries. M&A has been key to drive the Company's growth as ECIT has completed more than 140 acquisitions since 2013. Read more at www.ecit.com.
For further information please contact:
Mads Skovgaard, Group CFO
mskovgaard@ecit.com
+45 2780 4942