3 Step IT acquires ITmove AS: Norwegian companies want more sustainable IT operations
3 Step IT continues its strong growth in Norway and acquires ITmove, a Norwegian company located in Ski. The key driver for this acquisition is the need of Norwegian companies for streamlined and sustainable IT operations. The government requirement that deletion of data in several sectors shall take place in Norway is also an important driver for the acquisition.
Carmen Ene 3 Step IT CEO comments: ’This acquisition is our 3rd since June and is another milestone in our strategy to grow by enabling our clients to move to the new era of computing through comprehensive IT acquisition and IT management solutions. For 3 Step IT’s customers, these acquisitions mean that the company can provide them with offerings which include purchasing, installation services, desktop management and asset optimisation, along with environmentally friendly asset renewal services’.
After achieving record revenue in 2014, 3 Step IT have acquired a Finnish IT services company Nevtor in June, a Swedish IT leasing company TEC Finance in September and now ITmove. As a result of the acquisitions, the market share of 3 Step IT has grown significantly in the Nordic countries and the company’s headcount has grown from 244 to 360 people.
The acquisition of ITmove, which has a turnover of NOK 15 million with 10 employees, gives the company an even stronger grip on the Norwegian market.
“This market is growing rapidly, due primarily to three factors:
1) the desire to retain more capital by dropping large investments in PCs that fall rapidly in value;
2) simpler IT management and better control of the equipment, for example, everything concerning configuration, licences, upgrades etc.; as well as
3) safer and more environmentally-sound disposal of IT equipment”, says Peer Velde, Managing Director of 3 Step IT AS.