Litorina acquires a majority stake in Implema, a leading Swedish IT consultancy company focused on implementation of SAP and Microsoft Dynamics ERP software
The partnership will enable Implema to accelerate growth by expanding its service offering and strengthening its position as a long-term digital transformation partner
The founders and employees will remain significant shareholders
Implema was founded in 1998 by Jörgen Aronsson and his three partners with the ambition to offer clients a fast, safe and cost-effective implementation of ERP software based on standardization. This has been well received by customers and Implema has expanded rapidly over the last 25 years. Since 2019, Implema has grown by c. 15% per year. Today the company has 180 employees and a turnover of more than SEK 300 million.
Jörgen Aronsson, Implema’s CEO and one of its four founders says, “The timing of the partnership with Litorina is ideal, with demand for new implementations of SAP and Microsoft Dynamics ERP software stronger than ever. Meanwhile, companies already on a modern platform need help to create customised services and to capitalise on the steady stream of new technology”.
“The focus on fast and efficient implementation , which is the cornerstone of Implema’s implementation strategy, has become a key success factor in our fast-changing world. The scope of our involvement with our customers is expanding as companies seek clear guidance in their digital transformation. To scale and broaden our services, we’ve been looking for a partner who can contribute with new expertise and financial resources.”
Finding the right partner that shared Implema’s people-centric values was an important factor in the selection process. Implema sought a responsive partner that would listen to the needs of both the company and its customers. “We got this feeling from Litorina from the very start. Litorina’s large network of advisors also impressed us. Getting Lars Wollung with his reputation and industry experience as new chairman feels incredibly inspiring”, says Jörgen Aronsson.
The partnership with Implema is a result of Litorina’s focus within business services in general and IT-services more specifically.
“We see great potential in ERP software and digitalisation, and looking ahead, we recognise a lot of opportunities for Implema”, says Magnus Ressel, Partner at Litorina. “Implema’s vision and ambition to become a key partner for customers in their digital transformation journey is coming at exactly the right time. Implema has a unique and distinct corporate culture, committed and highly competent employees and strong customer relationships – all contributing to the successful journey Implema has enjoyed to date.”
Lars Wollung, will become new chairman of Implema and will bring extensive international industry experience, including eight years as CEO of IT consultant company Acando. He is also a former chairman of ERP software supplier IFS.
Wollung says, “Implema is on an exciting journey with a strategy that fits perfectly into the digital transformation that is taking place in the business world and society at large. I am one hundred per cent behind the company’s vision for the next step in the company’s development and am thrilled to be on board. Implema is a sound company, well positioned for the future and with proven competence to develop and grow. With Litorina as partner and more capital behind it, Implema will be able to implement its strategy faster and more effectively. I’m excited to be part of that journey.”
Implema is Sweden’s leading specialist in fast, safe and cost-effective implementation of SAP and Microsoft Dynamics ERP software. With almost 25 years of experience, Implema – together with carefully selected partners – guides Swedish and international companies on their digital transformation journey towards sustainable, efficient and future-proof business processes. Implema works in customer-focused teams with offices in ten Swedish locations. The company has 180 employees and a turnover of more than SEK 300 million.
Litorina, founded in 1998, invests in niche market-leading companies with headquarters in the Nordics. Litorina partners with management teams and entrepreneurs that want to take their companies to their full potential. Litorina aims to build larger, better and more sustainable companies by contributing relevant experience, knowledge, passion and resources to accelerate growth.