Clearwater International advises Lytzen IT on its sale to NetNordic
Clearwater International has advised the owners of the managed services provider, Lytzen IT on the company’s majority sale to NetNordic.
Lytzen IT is a leading managed services provider for customers with critical infrastructure needs and successfully established as one of the leading managed services platforms for cloud, network, collaboration, security, and data centre services in Denmark. With strong competencies within advisory and support, Lytzen IT employs 50 professionals, stationed across their offices in Denmark. The company has seen significant growth in recent years, as IT operations have become increasingly complex whilst the demand for high-quality solutions and flexibility has grown.
NetNordic specialises in critical infrastructure solutions for data centres, networks, communication, and cyber security companies and has a strong presence in the Nordics. With the acquisition of Lytzen IT, NetNordic will double the total number of employees in Denmark and will be able to offer more high-quality services to an extensive customer base.
Going forward, the joint partners have ambitions for continued growth throughout the Nordic region.