Sale to Industrial
99X sold to Telecomputing
The Norwegian IT outsourcing player Telecomputing AS backed by IK Capital Partners has signed an agreement to acquire AS

99X is headquartered in Oslo, Norway. Founded in 2007, 99X is an IT Service Provider offering hosted IT solutions for Norwegian SMEs demanding tailormade solutions. 99X makes IT smarter for 15 000 IT users at 800 locations every day. The company has grown every year since its foundation and reported revenues of about NOKm 175 in 2017. The growth continues in 2018.

TeleComputing is a Norwegian IT services provider headquartered in Asker, Norway, with branch offices in Bergen, Stavanger, Arendal, Stockholm and Gothenburg. The company has Europe’s largest and most modern common operation platform built for the SME market, serving more than 1 300 customers and in excess of 115 000 IT users.

Alpha Corporate Finance has acted as financial advisor to 99X and its shareholder.

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