2022: Sale of DOGI IKT to Braathe
As a result of ongoing consolidation in the IT industry, DOGI IKT was looking for a strong industrial partner who could contribute to maintain and further develop the employees' skills as well as securing new services/solutions for their customers. Furthermore, the current owner Rissa Kraftlag wanted to preserve the activity and expertise at Fosen. Thus, it was desirable that the new owner had a strategy for developing a larger IT activity in Trøndelag. Karabin Impello was engaged to search for a new and suitable partner for DOGI IKT. After an efficient process, the result was a 100% sale to Braathe. Braathe is a family-owned IT company that operates in the professional market in the private and public sector in Norway. For Braathe, the acquisition is a strategically important expansion to strengthen their national presence. DOGI IKT adds both increased capacity in mid-Norway as well as new and exciting contract customers. In addition, Braathe can offer both new and old customers in the region a wider and more complete range of services. After the acquisition, Braathe will have 185 employees, turnover of NOK 500 million and offices in 10 different locations. Impello has assisted with presentation material, facilitating a broad partner search, management of the bid process, value discussions and support in negotiations as well as DD support.
About DOGI IKT
DOGI IKT hosts and operates servers, applications, and clients. A modern server environment is the core of the business, which currently consists of over 100 virtual servers. Since the establishment in 2003, DOGI IKT has built up a strong position within the Fosen-based industry and is an important IT operator for several well-known companies such as Rissa Kraftlag, CTM Lyng, Eltorque and Ifjobb. Rissa Kraftlag has been the sole owner of DOGI IKT since 2017.
HQ in Rissa – Indre Fosen municipality
Rissa Kraftlag: 47, DOGI IKT: 3
Rissa Kraftlag: 93,9 MNOK, DOGI IKT: 7,3 MNOK
"We have been looking for a strategic partner for our subsidiary DOGI IKT AS for some time, but have not succeeded in finding a solution on our own. Rissa Kraftlag SA engaged Impello in May 2022 to carry out a focused partner search process. The goal was to find a partner who contributes with a modern and forward-looking service offering for customers and ensures a good and attractive workplace for the employees. With their experience and competence, Impello has been a solid adviser who has facilitated a professional and efficient process from the first contact until the agreement with Braathe was signed. The services from Impello have been very important to the process, and we have seen that the use of a competent adviser pays off." - Per-Arne Sæther / CEO of Rissa Kraftlag and chairman of the board of DOGI IKT