Equip Capital and Kleri Acquire IT Company Biztek in Orkanger
Published
The investment company Equip Capital and the company Kleri have bought the IT company Biztek, a company from Orkanger in Trøndelag. The acquisition is the news in several Norwegian media this week.
Kleri is owned by Equip Capital. Equip Capital is an investment company, which means that it buys and owns other companies. When one company buys another company, it is called an acquisition. Kleri is described as a company that buys IT companies in Norway.
Biztek is an IT company, and its head office is in Orkanger. The company works with technology and digital services for customers in Norway. With the acquisition, Kleri and Equip Capital gain control of Biztek and the employees who work there. The amount paid for the acquisition is not stated in the available information.
The IT industry in Norway has been changing in recent years, and many smaller companies have been bought by larger groups. Acquisitions can lead to new ownership, new tasks and changes in the organisation. What consequences the acquisition will have for Biztek and its employees is not yet known.
The purchase shows that investment companies are still interested in IT companies outside the largest cities in Norway. Biztek in Orkanger is an example of a local company that now gets new owners. More details about the agreement and the company's future plans are expected to emerge in the time ahead.
Sources: Finansavisen
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