Estonian company Nortal, which is engaged in strategic consulting and technology implementation, has bought the Skelia IT company along with its offices in Eastern Europe, Dragon Capital said in a press release.
“Skelia has established itself as an international leader in building dedicated technology teams in areas where customers want to remain in control of the development process while experiencing the stability of a premium team and quality of service. Their strong presence in western Ukraine and Poland will provide Nortal with an excellent platform for growth. Together, we can further expand our business across geographies and time zones while strengthening our offering and serving customers across the full spectrum of their needs,” Nortal CEO and Founder Priit Alamäe was quoted as saying.
As noted, the companies will focus on creating new synergies and value for customers, as well as creating additional opportunities for Skelia employees in Poland and Ukraine, which will now become part of Nortal.
“By joining forces, Nortal and Skelia will leverage each other’s complementary and individual strengths, as well as provide new career opportunities for our global combined team of more than 1,700 people. Nortal brings us a wealth of experience in building end-to-end solutions and products. This greatly complements Skelia’s longstanding business of building over 200 sustainable cross-border IT and engineering organizations for leading companies in Europe, the UK, the Nordics and the US,” Skelia CEO and co-founder Patrick Vandewalle was quoted as saying.
The amount of the agreement is not reported.
Skelia was founded in 2008 and currently employs over 350 people, primarily in Ukraine and Poland. Skelia serves clients in 10 countries and operates through a network of offices in the Benelux countries, Poland, Ukraine and the USA.
Nortal was founded in 2000. The company has more than 1.4 thousand employees and has 20 offices in Europe, the USA and the Middle East.
Dragon Capital acted as an advisor to Nortal on this deal. Oaklins Sweden acted as an advisor to Skelia.
