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22.04.2026

Advania Delivers 22% Revenue Growth in 2025, Exceeding SEK 2 Billion in Adjusted EBITDA

Advania today publishes its Annual & Sustainability Report for 2025, reporting revenue of SEK 18.4 billion, representing 22% growth year-on-year, and surpassing SEK 2 billion in adjusted EBITDA. Cash conversion remained strong at 104%.

This performance marks a significant milestone for Advania and reflects sustained commercial momentum across its core markets. Demand for managed services continued to grow, alongside an expanding role in managing business-critical IT environments for organisations in both the public and private sectors.

Growth during the year was driven by a combination of organic expansion and a disciplined acquisition strategy. Advania completed five acquisitions in 2025, further strengthening its capabilities and geographic presence. Since 2021, this strategy has contributed to nearly tripling the company in size.

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News & Insights from Advania

M&A
Advania acquire Finnish IT-provider Valtti from Adelis Equity Partners.
16.02.2022
With the acquisition of Valtti, Advania will leverage the combined future-ready suite of products and services in Finland to help customers on their digital journey. The acquisition underpins Advania’s ambition to create the preferred IT-services provider in Northern Europe with a holistic offering to their existing and new customers.
M&A
Advania strengthen security offering with acquisition of Painkiller.
20.12.2021
Advania AB will further grow products and services to help customers on their digital journey by joining forces with the highly skilled, Norwegian-based security specialist Painkiller AS.
M&A
Advania acquires the UK based cloud specialist Content+Cloud.
09.12.2021
With the acquisition of Content+Cloud Limited (“C+C”), Advania will leverage the deep cloud and Microsoft knowledge from C+C to offer a highly compelling, future-ready suite of products and services to help customers on their digital journey. This also marks the first strategic expansion outside the Nordics.
M&A
Advania announces the acquisition of Visolit.
10.08.2021
Advania announces the acquisition of Visolit to create one of the strongest and fastest growing IT service providers in the Nordics.
M&A
Advania strengthens position in Finland with acquisition of Beveric.
23.06.2021
Advania AB, a leading full-service IT provider in Northern Europe, has acquired Beveric, an IT company that provides IT consultation services and document management solutions for private and public sector.
M&A
Advania grows its business in Denmark - acquires the hosting specialist Genia ApS.
07.05.2021
Advania AB, a leading full-service IT provider in the Nordics Europe, has acquired Genia ApS, a hosting specialist in Denmark.
Financial
Goldman Sachs funds to acquire a majority stake in Advania.
15.02.2021
Funds managed by Goldman Sachs Merchant Banking Division are to acquire a majority of the shares in Advania AB, alongside management, VIA Equity and other reinvesting shareholders. New owners aim to accelerate Advania’s growth both organically and through acquisitions.
M&A
Advania invests in northern Sweden and acquires Hi5.
25.12.2020
Advania, one of the leading IT companies in the Nordic region, is now acquiring Norrland-based Hi5 with 65 employees in Umeå and Luleå. The acquisition gives customers access to more experts and solutions - in more locations - while employees get extended opportunities for development.