ECIT AS hereby announce that ECIT has entered into an agreement to acquire between 50.1% and 55% of the shares in SameSystem A/S, an international Software-as-a-Service (SaaS) company. The transaction is subject to a successful Due Diligence process.
“The acquisition will strengthen ECIT’s Business Solutions offerings and expand the range of our deliveries. In partnership with SameSystem, we will reach over 300,000 users with our people management solutions in Scandinavia, while actively working to become one of the leading providers in the sector. We are glad to welcome SameSystem's customers and employees to the ECIT family”, says Halvor Aspaas, Executive Vice President of the Tech and Consulting Divisions at ECIT.
About SameSystem
SameSystem is an international Software-as-a-Service (SaaS) company with a local office in five countries. SameSystem offers a scalable, regulatory-compliant, data-driven workforce management (WFM) solution tailored to retail and hospitality. SameSystem enables retailers and foodservice businesses to maximise performance levels and competencies in their organisations by freeing up time for employees, reducing administration significantly and helping stores and restaurants plan perfectly. Read more at www.samesystem.com.
About the ECIT Business Solutions Division
The Business Solutions division at ECIT specialises in streamlining and adapting business processes across industries. With extensive experience as a system provider, ECIT ensures reliable support for informed decision-making. A broad range of business solutions is developed, delivered, and supported to enhance efficiency and automate daily operations. Additionally, ECIT continues to strengthen its services and solutions through proprietary tech offerings, a foundational element of the company’s long-term strategy.
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 proforma revenue (LTM) of 3.8 billion NOK per Q3 and more than 2,700 employees across ten countries. M&A have been a key factor in the company's growth, with ECIT having 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
