Advania

Stockholm, Sweden Founded: 1939 • Age: 87 yrs Acquired By Goldman Sachs
Data centers and IT services are operated across multiple regions.
Annual revenue - Latest available
Total funding - 1 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About Advania

Advania is a company based in Stockholm (Sweden) founded in 1939 was acquired by Goldman Sachs in February 2021. Advania has completed 15 acquisitions, including 3 Step IT, Advania and CCS Media. Advania offers products and services including Network & Infrastructure Services, Cloud Services, Cyber Security & Disaster Recovery, Software & Application Management, and Asset Lifestyle Management. Advania operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.

  • Headquarter Stockholm, Sweden
  • Sectors
    Business Services
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Business Services → Digital Transformation & IT Services Unlock Sub-Sector Unlock Segment
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$216.11 K (USD)
    -75
    as on Dec 31, 2022
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
    3 Step IT

    & 14 more

  • Acquired by
    Goldman Sachs

    & 1 more

    (Feb 16, 2021)

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Products & Services of Advania

Advania offers a comprehensive portfolio of products and services, including Network & Infrastructure Services, Cloud Services, Cyber Security & Disaster Recovery, Software & Application Management, and Asset Lifestyle Management.

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Category locked
Primary

Manages network and infrastructure for enterprise operations.

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Provides scalable cloud solutions for business continuity.

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Offers protection and recovery for digital assets.

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Handles application lifecycle and innovation support.

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Manages IT assets throughout their lifecycle.

People of Advania

Headcount 50-200
Employee Profiles 111
Employee Profiles
People
Åge Åsbø
Customer Solution Architect
People
Ronnie Rio Jakobsen
Customer Solution Architect
People
Lars Marius Nilsen
Senior IT Support Technician
People
Karina Erichsen Silva
Customer Service Coordinator

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Funding Insights of Advania

Investors in Advania

Advania has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, PFA Pension and VIA equity.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Tech & offline focused PE & VC firm investing in Europe
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Investment banking services are delivered across multiple financial sectors.
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Pension fund for the employees in Denmark
Locked Locked Locked
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Investor details for Advania

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Advania

Advania has strategically engaged in corporate development activities, having acquired 15 companies. Notable acquisitions include 3 Step IT, Advania and CCS Media.

Investments
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Investment portfolio details for Advania

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
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Acquisitions
Company Name Description Domain Location Founded Year Amount
AI implementation and management services are provided to businesses.
Locked Locked 2021 Locked
IT consulting, software development, and staffing services are provided.
Locked Locked 2021 Locked
IT hardware and software products are distributed across markets.
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Complete acquisition details for Advania

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Advania

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Detailed financials for Advania

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  • Profit trends
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Advania Comparisons

Advania Primary company
Description
Data centers and IT services are operated across multiple re...
Location
Stockholm, Sweden
Founded Year
1939
Annual Revenue
Not available
Net Profit
-$216.11 K (USD)
EBITDA
Not available
Employees
Not available
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Peer comparison for Advania

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Advania

Advania operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.

Company Name Domain Founded year HQ Location Description
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High-quality office furniture is provided by UST for various needs.
Locked Locked Locked
Provider of end-to-end business process outsourcing services
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
Locked Locked Locked
IT outsourcing services are delivered across multiple business lines.
Locked Locked Locked
Application development, cloud, cybersecurity, and business intelligence services are provided.
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Multi-access edge networking computing platform is provided for mobile services.
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Detailed competitors of Advania

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Advania

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Complete news archive for Advania

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Advania

Advania was founded in 1939 and raised its 1st funding round 79 years after it was founded.

Advania is headquartered in Stockholm, Sweden.

Aspen Hartz is the current CEO of Advania.

Founded in 1939 and headquartered in Stockholm, Sweden, Advania is engaged in the IT sector, focusing on data center operations and infrastructure services. A facility in Iceland is maintained with N1 redundancy in air cooling, hot aislecold aisle configuration, high-capacity UPS, and robust power and connectivity. Carrier-neutral setups are utilized to deliver infrastructure as a service, dedicated servers, and options for Bitcoin mining hardware.

Advania's top competitors include Happiest Minds, Mavenir and GirnarSOFT.

Advania offers Network & Infrastructure Services, Cloud Services, Cyber Security & Disaster Recovery, Software & Application Management, and Asset Lifestyle Management.

Advania has made 15 acquisitions, including 3 Step IT, Advania, and CCS Media.

Advania has 4 investors. Key investors include Goldman Sachs, PFA Pension, VIA equity, and AdvInvest.

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