Conscia, a pan-European provider of cybersecurity and networking solutions for mission-critical IT infrastructure in large organisations has acquired PlanNet21 Group (PlanNet21 Communications Ltd, Agile Networks Ltd, and eCom Solutions Ltd), a g provider of cybersecurity, networking, and managed services operating in the Irish and UK markets.
Conscia and PlanNet21 Group have both been servicing public organisations and private enterprises with cybersecurity, secure networking, IT infrastructure and hybrid cloud solutions for more than 20 years.
According to Conscia Group CEO Erik Bertman:
“I am very pleased to welcome customers and the highly competent people from PlanNet21 Group to Conscia and we look forward to working together in Ireland and in all our combined markets.
There is a commercial and cultural fit that will create a very compelling customer proposition."
PlanNet21 Group experienced rapid growth and revenues of close to €70 million in 2022/23. The company is headquartered in Dublin, Ireland, with regional offices in Cork, Galway, Belfast and Edinburgh in Scotland. It has approximately 300 customers in the public sector and enterprises, primarily within the technology, media, telecom and government sectors.
Conscia designs, implements, and manages secure cybersecurity and networking services and solutions.
The company supports more than 1,000 customers across Europe in finance, healthcare, manufacturing, utilities, retail, and the public sector.
Conscia is represented in Denmark, Germany, Norway, Slovenia, Sweden, the Netherlands, and the UK and is owned by a leading sector-specialised private equity investor Nordic Capital.
The combined current Conscia business including PlanNet21 Group generated revenue in excess of €700 million in 2022/23.
“With Conscia we can accelerate our development through enhanced customer offerings and a pan-European presence. They bring financial strength and scale in networking competencies, and their edge as a cybersecurity leader with award-winning services and solutions coupled with data insights through their platforms for Managed Detection and Response and Security Information and Event Management makes them an attractive owner for us,” says CEO Peter Carroll,PlanNet21 Group.
PlanNet21 Group is Conscia’s 20th acquisition in eight European geographical markets and follows Conscia acquiring a digital transformation provider in the UK, ITGL, and Nordic Kanari Group specialised in observability, earlier this year.
The parties have agreed not to disclose financial details of the transaction and completion is subject to regulatory approval and customary closing conditions.
Lead image: Peter Carroll, CEO, PlanNet21 Group and Erik Bertman, Group CEO, Conscia. Photo: uncredited.
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