Arma Partners is pleased to announce that it has acted as exclusive financial advisor to Conscia, a portfolio company of Nordic Capital, on its agreement to acquire Open Line. The transaction is subject to customary closing conditions, including regulatory approvals and works council consultation procedures.

Conscia is a pan-European leader in designing, delivering and managing cybersecurity, networking, hybrid cloud and observability solutions to a diverse customer base including some of the largest financial services, healthcare and public sector organisations in Northern Europe.

Founded in 2002 and headquartered in the Netherlands, Open Line is a cloud managed services provider with advanced cybersecurity and automation capabilities and strong positions in highly regulated sectors such as healthcare and the public sector.

The proposed acquisition will be the largest in Conscia’s history and is fully aligned with its strategic objective to further strengthen its position as a pan-European leader. It will also create a unique platform for group-wide synergies and cross-country collaboration. Open Line will also enhance Conscia’s service offerings across cloud, security and consulting, whilst enabling expansion into high-growth areas such as eHealth and Data & AI.

This transaction highlights Arma Partners’ strong track record in the cybersecurity and cloud services sectors and reaffirms our position as a trusted advisor to the leading global private equity-backed strategic platforms in executing transformative deals.