emagine strengthens its European position by joining forces with Aspira.

emagine continues its European expansion by joining forces with the Irish-owned international consulting and technology business Aspira, which is headquartered in Ireland and with a presence in the Netherlands and Portugal.

Copenhagen / Cork 15. september 2022

It is an essential step in the company's continued European expansion and strategic aim to take a leading position in business and IT consulting services for an increasingly international clientele.

- By joining forces with Aspira, we get 225 skilled employees and consultants from the very top shelf within IT advisory, consulting, and development. At the same time, we are strengthening our presence in Europe with offices in Ireland, the Netherlands, and Portugal, says Anders Gratte, CEO of emagine.

- Aspira has special competencies in areas for which we experience greater and greater demand. This deal means emagine is coming one step closer to our goal of becoming one of Europe's largest consulting businesses within our segment, Gratte says.

Aspira has special competencies in areas for which we experience greater demand. This deal means emagine is coming one step closer to our goal of becoming one of Europe's largest consulting businesses within our segment.

Anders Gratte

Aspira - a strategic consulting and technology business

Aspira is a strategic consulting and technology business that delivers high-complexity solutions to several major international companies and organizations.

Since its establishment in 2007, Aspira has doubled the company's size every three years, with double-digit growth rates over the past several years. In 2022, a turnover of EUR 21 million is expected and an EBITDA of EUR 2.4 million.

Growing by strategic partnerships

- We are growing strongly organically due to solid demand for our services in Denmark, the Nordics, and Europe and an increasing interest in global solutions. Thus, we are constantly looking for interesting partnerships in markets with a high demand for scalable and flexible solutions. Aspira fits in perfectly here, says Anders Gratte, CEO of ProData Consult and emagine Consulting.

Anders Gratte: "With Aspira, ProData Consult is strengthening our presence in Europe with offices in Ireland, the Netherlands, and Portugal."

In 2021, emagine merged with two IT consultancies: the French emagine Group with a strong market position in France, Germany, and Great Britain, as well as Bragd Consulting Network in Norway. And by joining forces with Aspira, new opportunities arise for consultants and clients alike in both companies.

- Aspira's solutions and knowledge in IT consulting complement us and strengthen the advice and solutions we offer our customers in an increasingly complex reality. We will naturally work actively to bring Aspira's skills and experience into play for our current clientele, says Anders Gratte.

Aspira's long-standing expertise in professional services and solutions will complement and open up new opportunities for emagine.

Peter Ryan, CEO of Aspira

"Entry into the Irish market"

- This partnership marks emagine's entry into the Irish market and is an exciting new phase for both our companiest, says Peter Ryan, CEO of Aspira, adding: Our long-standing expertise in professional services and solutions will complement and open up new opportunities for emagine.

- The company also brings an impressive client portfolio in our target markets, as well as a state-of-the-art IT platform. As a combined entity, we are now in a position to deliver an enhanced level of service to existing and new customers, Peter Ryan concludes.

Peter Ryan is the CEO of Aspira. He is based at Aspiras headquarter in Cork, Ireland.

Since 2021, when Axcel took over the majority of the shares, emagine has grown considerably through acquisitions and organic growth. The goal for this year is to round 4 billion DKK in turnover.

Read emagine's Annual Report 2021

FACTS

About Aspira

Aspira was established in 2007 and currently employs over 225 people. Aspira's accelerated growth has seen it named in the Financial Times Top One Thousand Growth Companies in Europe in 2018 and 2019.

Aspira caters for a diverse international client base, including leading players in the IT, financial services, pharma/med devices, healthcare, and utility/energy sectors.

In 2022, a turnover of 21 million € is expected (2021: 16 million €) and an EBITDA of 2.4 million € (2021: 1.5 million €).

https://aspira.ie/

As a combined entity, we are now in a position to deliver an enhanced level of service to existing and new customers.

Peter Ryan, CEO of Aspira