The Nordic IT hardware Life Cycle Management (LCM) service provider Xllnc today announced it has signed an agreement to acquire Supplies Team Sverige AB (“Supplies Team”), the Swedish Audio/Video (AV) solutions provider.
Supplies Team brings over 30 years of expertise and a renowned technical knowledge in creating presentation environments from small meeting rooms to large auditoriums, boardrooms, surgery, X-ray and training rooms. In an increasingly connected world where IT asset management is a complex matter, Supplies Team’s 30+ AV specialists work hand-in-hand with their customers to ensure the control, cost efficiency and security of IT assets. Following this acquisition, Xllnc plans to reach more than SEK 1.1bn in consolidated revenue for 2018.
By enhancing its AV knowhow, Xllnc will provide its current and future customers with a more comprehensive workplace Hardware-as-a-Service (HaaS) offering while continuously improving the management, cost efficiency and security of large corporations’ IT assets. Furthermore, Supplies Team’s adjacent LCM capabilities will enable Xllnc to accelerate its growth and to consolidate its leading position in Sweden. Finally, with preserving the environment becoming a major concern, the safe and eco-friendly disposal of AV products will prove valuable to customers and positively impact Xllnc’s profitability.
- Supplies Team is a well-managed company with an excellent reputation that has successfully taken a leading position in the AV Life Cycle services market in the Nordics, and gained unrivalled knowledge in collaboration rooms equipment and related solutions. Its portfolio of products and services will create a unique match with Xllnc’s expanding services and strengthens our position as the most advanced and prominent IT LCM company in the Nordic market, says Martin Backman, CEO of Xllnc.
Stella EOC and Hansen Advokatbyrå advised Xllnc in conjunction with this acquisition.
For additional information, please contact:
Martin Backman, CEO, Xllnc, email@example.com, +46 70 864 42 22
Harris Hädd, CEO, Supplies Team, firstname.lastname@example.org, +46 73 917 18 08
Xllnc’s mission is to simplify our customers’ every-day life by providing smart Life Cycle management solutions for workplace related IT assets. Through its market leading solutions, processes and systems, Xllnc manages its customers’ IT to improve control, reduce cost and minimise its customers’ ecological footprint. www.xllnc.com
About Supplies Team
Supplies Team is a B2B IT service and LCM solution provider driven by a dedicated team of IT accessories and AV specialists. Serving some of Sweden’s largest corporations, the company has developed a complete offering, including the LCM of IT products, Managed Printing Services (MPS), mobility and ergonomic support equipment. www.suppliesteam.se