Netcompany

Netcompany is a Danish publicly traded IT consultancy headquartered in Copenhagen, Denmark. Since its founding in 2000, the company has grown, both domestically and internationally, into a company with 10 offices across 6 different countries.

Netcompany
TypePublicly traded
Nasdaq Copenhagen: NETC
IndustryIT
Founded2000
FounderAndré Rogaczewski, Claus Jørgensen, Carsten Gomard
HeadquartersCopenhagen, Denmark
Key people
André Rogaczewski (CEO)

Claus Jørgensen (COO)

Thomas Johansen (CFO)
ProductsIT consultancy, development, implementation, change management, maintenance and operations.
Number of employees
3500+
Websitehttps://www.netcompany.com/int

As of January 2020, Netcompany employs more than 2500 staff in its offices in Denmark, United Kingdom, Norway, The Netherlands, Poland and Vietnam.

The company provides end-to-end IT services from development through to maintenance and operations to public and private organisations throughout Northern Europe.

History

The company was founded by André Rogaczewski (CEO), Claus Jørgensen (COO) and Carsten Gomard in 2000.

In 2005 the company expanded to Poland, opening an office in Warsaw.

Netcompany was privately owned up until 2006 when Danish private equity fund Axcel acquired the majority of the company's shares. In the beginning of 2011, the founders re-acquired the shares from Axcel.[1]

In December 2015, Norwegian private equity fund FSN Capital acquired just over half of the company. According to Dagbladet Børsen, the sale price was DKK 1.1 billion.[2]

The new ownership and resulting cash injection signaled the start of the company's Northern European expansion with the acquisition of Norwegian IT consultancy Mesan AS, located in central Oslo, which at the time employed approximately 150 staff.[3]

In January 2017 the company passed 1,000 employees becoming the first Danish startup in 20 years to do so.[4][5][6][7]

In October 2017, Netcompany carried out its second acquisition, this time of UK-based Hunter Macdonald.[8] The company employed around 250 staff (100 located in the company's Vietnam offices) and had at the time just been named United Kingdom's fastest growing IT services company

On June 7, 2018, Nasdaq Copenhagen welcomed Netcompany Group A/S as a publicly traded company on the Main Market.[9]

The following spring of 2019, Netcompany acquired the Dutch IT consultancy Qdelft, based in Delft with a staff of approximately 100 employees.[10]

Services

Netcompany's portfolio of services range from IT consultancy, development and implementation to change management, maintenance and operations.

The majority of the company's business is based on projects within digital platforms, core systems and infrastructure services. Additionally, the company is increasingly engaged in emerging fields like Blockchain, Business intelligence and Machine learning, delivering services to customers such as Copenhagen Airports and the Danish National agency for IT and learning.

While the company's customer portfolio is roughly a 50/50 mix of private and public organisations, it is particularly within the public sector that the company has gained recognition for its solutions, especially in the home market of Denmark; in recent years, the company has been chosen as vendor for a string of high-profile, society critical solutions, such as the new debt collection system for the Danish Tax Authority and the new communication platform for Denmark's schools, Aula, which will be used by teachers, parents and pupils alike – servicing more than 2 million users.

Digital Dogme

In April 2018, Netcompany launched the upskilling initiative Digital Dogme together with Danske Bank, TDC and Copenhagen Airports.[11] The purpose of the initiative is to help remedy the increasing lack of qualified IT labour force in Denmark, by cultivating the digital skills of companies’ existing employees that do not possess a formal background within IT. Today more than 30 companies are part of the movement.

Subsidiaries

Netcompany UK Ltd.

Netcompany Norway AS

Netcompany Poland Sp. Z o.o.

Netcompany Netherlands B.V.

Netcompany Vietnam Company Ltd.

References
  1. "Axcel | AXCEL SÆLGER NETCOMPANY". www.axcel.dk (in Danish). Retrieved 24 June 2019.
  2. Lauridsen, Michael Alsen (21 December 2015). "Norsk kapitalfond køber sig ind i guldrandet IT-firma" (in Danish). Berlingske. Retrieved 21 December 2015.
  3. "Dansk successelskab køber op i Norge". www.berlingske.dk (in Danish). 16 January 2016. Retrieved 15 July 2019.
  4. "Fremadstormende IT-firma bryder 20-årig forbandelse: Runder 1.000 medarbejdere" (in Danish). Berlingske. Retrieved 17 March 2017.
  5. "Dansk IT-succes kravler mod milliardomsætning" (in Danish). Berlingske. Retrieved 17 March 2017.
  6. "Efter kanonregnskab: Dansk it-komet vil hyre en ny medarbejder hver dag i år" (in Danish). Dagbladet Børsen. Retrieved 17 March 2017.
  7. "Netcompany skal lave Skoleintras afløser" (in Danish). Folkeskolen. Retrieved 19 June 2017.
  8. "Netcompany acquires UK's fastest growing IT company". Plesner. 27 October 2017. Retrieved 9 November 2017.
  9. Finans, Ritzau (7 June 2018). "Netcompany går på børsen med markedsværdi på 7,75 mia. kr". borsen.dk (in Danish). Retrieved 24 June 2019.
  10. ritzau/FINANS (13 May 2019). "Netcompany køber hollandsk selskab". finans.dk (in Danish). Retrieved 24 June 2019.
  11. Hauge, Anja (10 April 2018). "Erhvervsspidser går sammen om at udklække nye IT-talenter". Berlingske.dk (in Danish). Retrieved 15 July 2019.


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