Climber was acquired by Digia from Finland for 13.5 million euro.

Climber International AB, a Stockholm, Sweden-based provider of IT consulting services, announced that it was acquired by Digia Plc.

The deal was made for acquiring the entire share capital of the Swedish company. The purchase price comprises a fixed component of EUR 8.1 million and an additional purchase price of a maximum of EUR 5.4 million tied to the achievement of objectives. 

The acquisition concerns Climber’s operations in Sweden, Finland, Denmark and the Netherlands. Going forward, Climber will operate as a subsidiary under its own brand and Jan Sipek will continue to lead the company.

Climber International AB, founded by CEO Jan Sipek, provides consulting and solutions for the development of data-driven business. Its operations are mainly based on the utilisation of advanced Qlik technologies, and strong consultative business model. In 2019, Climber International AB’s net sales amounted to SEK 137.7 million (around EUR 13.4 million) and its number of employees on 31 December 2019 was 83. On 1 December 2020, it had 77 employees, of whom 54 worked in Sweden.