GTO Partners Expands Its Portfolio with Complea A/S Acquisition in Denmark

Strategic Acquisition: GTO Partners and Complea A/S

In a groundbreaking move for the technology sector, GTO Partners, a notable pan-European private equity firm focused on technology investments, has recently secured a majority stake in Complea A/S, a leading IT company based in Denmark. This acquisition, revealed on April 23, 2025, highlights GTO's commitment to investing in promising businesses within the B2B technology sector.

Complea A/S, which has experienced remarkable growth since its establishment in 2010 by CEO Morten Hovaldt, specializes in providing comprehensive IT services to both private and public sector organizations. These services encompass private cloud solutions, IT security, operational technology, and consultancy, underscoring Complea's role as a vital player in Denmark's IT landscape.

The acquisition is a strategic move by GTO Partners, aimed at supporting Complea in its ongoing growth trajectory and market expansion. Federico Canciani, Managing Partner at GTO, emphasized the importance of Complea’s strong values and customer-centric approach while expressing enthusiasm about the partnership. “We are proud to contribute to this next phase in the company’s journey,” said Canciani, underscoring the shared ambition to achieve targeted growth through strategic acquisitions and organic development.

Complea has established a solid reputation backed by its financial performance and operational success. In recent years, the company has demonstrated a consistent revenue growth rate exceeding 25% annually. This impressive trajectory is attributed to both innovative service offerings and recent investments in advanced hosting infrastructure, including their newly constructed data center, which enhances their security and performance metrics compared to global rivals.

GTO's investment is seen as a transformative step for Complea, as it opens doors for further talent acquisition and market penetration. The philosophy adopted by GTO partners firmly revolves around collaborative efforts and adding value through hands-on management, which resonates well with the operational ethos at Complea. Morten Hovaldt expressed optimism for this new chapter, stating that the infusion of GTO’s financial and operational support will position Complea favorably within the competitive European IT market.

Complea's commitment to providing secure and reliable IT services aligns well with Denmark's growing demand for such solutions, especially in a landscape where data sovereignty and trust are paramount. The existing relationships that Complea has fostered within its customer base ensure that they can adapt swiftly and effectively to evolving client needs.

Overall, GTO's acquisition of Complea A/S not only marks an exciting milestone for both companies but also reinforces the potential for robust growth within the Danish IT sector. As they embark on this new journey together, their focused strategy on organic growth and targeted expansion could redefine industry standards and practices, driving innovation and service excellence in a competitive marketplace.

With GTO Partners' backing, Complea A/S is set to scale new heights while continuing to prioritize its core values and customer-first approach—which are so integral to its identity and success. Both entities share a vision for a transformative future in technology, setting the stage for growth that could further shape the landscape of IT services in Europe and beyond.