Exsitec

What Exsitec does

Exsitec is a publicly listed Nordic IT consulting and services firm headquartered in Linköping, Sweden, operating across more than 20 offices in Sweden, Norway, Denmark, and (since July 2024) Finland. Founded in 2000 and listed on Nasdaq First North Growth Market under the ticker EXS since its 2020 IPO, the company serves approximately 5,000 mid-sized customers across nine primary verticals including construction, real estate, manufacturing, energy, public sector, wholesale, and retail, with a stated focus on medium-sized Nordic companies requiring integrated IT systems. Headcount stands at approximately 600 employees following an active acquisition history of more than 15 deals.

Rather than developing proprietary enterprise software at scale, Exsitec curates, resells, implements, and integrates third-party business systems across ERP (Visma Net, Visma Business, Microsoft Dynamics 365 Business Central, Business NXT, Control Edge), BI (Qlik, Power BI, Microsoft Fabric), CRM (SuperOffice, HubSpot, SugarCRM), e-commerce, procurement, finance, HR/payroll, and ESG reporting. Owned products are limited to BX Logistics (a handheld WMS terminal) and Konsolidator (a cloud-based group consolidation tool), with specialist sub-brands including BrightCom for Microsoft Business Central implementations. The core technology layer is an internal integration platform connecting these disparate systems.

The business model is a hybrid of subscription-based software resale (recurring license and maintenance fees from partners such as Visma, Microsoft, Qlik, and Medius) plus professional services revenue from advisory, implementation, customization, integration, and long-term support delivered by certified consultants. Go-to-market is consultative and sales-led via direct enterprise sales motions, complemented by channel/reseller relationships with the platform vendors. Pricing is quote-based and not publicly disclosed. Recent strategic priorities include geographic expansion (M-Flow Finland acquisition in 2024), vertical deepening (BrightCom acquisition in 2024), and the launch of an AI advisory service line reselling partner AI capabilities.

Name

Exsitec

Legal name

Exsitec Holding AB

Website

https://exsitec.se

Company type

Public

Founded year

2000

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Exsitec is a Nordic IT consulting firm, listed on Nasdaq First North (EXS), that resells, implements, and integrates third-party ERP, BI, CRM, and e-commerce software for approximately 5,000 mid-sized companies across Sweden, Norway, Denmark, and Finland via ~600 employees in 20+ offices.

Ownership category

akta.pro rank

Product category

Enterprise Software Consulting & Implementation

NAICS

Management Consulting Services (54161), Computer Systems Design Services (541512), Custom Computer Programming Services (541511)

SIC

Services-Management Consulting Services (8742), Services-Computer Integrated Systems Design (7373), Services-Computer Programming Services (7371)

akta.pro primary industry

ERP, CRM & Enterprise Applications Consulting (BPAHAEAI)

Keywords

• Enterprise software consulting
• ERP implementation services
• Business intelligence solutions
• Systems integration services
• Cloud ERP reselling

Headquarters

HQ city

Linköping

HQ country

Sweden

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Software Resale: Resale of enterprise software licenses from partner vendors including Visma, Microsoft, Qlik, and other platforms. Revenue generated from software transactions and potentially recurring maintenance fees.
2. Consulting Services: Advisory, implementation, and support services delivered by certified consultants. Includes system selection, integration, customization, and ongoing technical support.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Exsitec is a Nordic IT consulting group that resells, implements, integrates, and supports a curated portfolio of third-party enterprise business software (ERP, BI, CRM, e-commerce, invoice handling, project management, procurement, warehouse management, ESG reporting, HR/payroll) from partners including Visma, Microsoft, Qlik, Medius, SuperOffice, HubSpot, Litium and others. Around this portfolio it delivers advisory, system selection, implementation, customization, and ongoing support services through approximately 600 certified consultants across 20+ offices in Sweden, Norway, Denmark, and Finland. It also develops and owns two proprietary software products — the BX Logistics handheld WMS terminal and the Konsolidator cloud-based group consolidation tool — and provides a proprietary system integration platform.

Product overview

Exsitec is a Nordic IT consulting and services firm that combines selected third-party business software systems with implementation, integration, and long-term support services to create seamless operational solutions for mid-sized companies. Rather than building proprietary software, Exsitec curates and resells a portfolio of partner products (ERP, BI, CRM, e-commerce, invoice management, project management, HR/payroll, budget/forecasting, warehouse management, and ESG reporting) and delivers these as integrated, managed solutions. Owned products include BX Logistics (handheld WMS for warehouse and logistics) and Konsolidator (cloud-based group consolidation tool). The portfolio spans ERP systems such as Visma Net, Visma Business, Control Edge, Business NXT, and Microsoft Dynamics 365 Business Central; BI tools including Qlik Answers, Qlik Cloud, Qlik Sense, QlikView, Power BI, Microsoft Fabric, and OneStop Reporting; CRM solutions SugarAI, SuperOffice, and HubSpot; e-commerce platforms Litium, Norce, and Vendre; invoice handling via Medius AP Automation and Winvoice; project management through Severa, Mobigo, and NEXT; procurement with Proceedo and Medius Spend Management; system integration services via an integration platform; ESG reporting through Visma ERP Carbon Footprint and Position Green; custom application development; digital marketing; budget and forecasting tools Planacy and Aimplan; and HR/L&M solutions Flex HRM, Kontek Lön, and Lönelys.

Differentiator

Problem solved

Functional benefit

Brands

• BrightCom: A specialist sub-brand under Exsitec focused on Microsoft Business Central implementations, including K3 Pebblestone for fashion and lifestyle companies.

Products and services

• Konsolidator A modern, cloud-based group consolidation tool offered through Exsitec as a reseller and implementation partner, enabling group companies to consolidate financials with full audit traceability, centralised data and transparent adjustments.
• BX Logistics (handheld WMS terminal) A proprietary handheld WMS terminal for warehouse and logistics operations, providing scanning, inventory management and real-time data capture for logistics workflows.
• ERP implementation services (Visma Net, Visma Business, Control Edge, Business NXT, Microsoft Dynamics 365 Business Central) Advisory, selection, implementation, customisation and ongoing support for ERP systems including Visma Net, Visma Business, Control Edge, Business NXT and Microsoft Dynamics 365 Business Central, targeted at medium-sized Nordic companies.
• Business Intelligence consulting services (Qlik Answers, Qlik Cloud, Qlik Sense, QlikView, Power BI, Microsoft Fabric, OneStop Reporting) Advisory and implementation services for Qlik and Microsoft BI platforms (Power BI, Microsoft Fabric) plus OneStop Reporting, enabling customers to consolidate data sources and deliver analytics and reporting.
• System integration services (Integrationsplattform and integration projects) Integration platform and project services that connect ERP, CRM, e-commerce, BI and other business systems so that they operate as a single ecosystem rather than in silos.
• CRM implementation services (SuperOffice, HubSpot, SugarCRM/SugarAI) Advisory, implementation and integration of CRM platforms SugarAI, SuperOffice and HubSpot for sales, marketing and customer service operations.
• E-commerce platform implementation services (Litium, Norce, Vendre) Selection, implementation and integration of e-commerce platforms Litium, Norce and Vendre, including connection to ERP, PIM and payment systems.
• Invoice handling (Medius AP Automation, Winvoice) Implementation of Medius AP Automation and Winvoice for electronic invoice handling and accounts-payable automation.
• Project management implementation services (Severa, NEXT) and field service (Mobigo, Entré Hantverksdata) Implementation of project-management and field-service platforms Severa, Mobigo, NEXT and Entré Hantverksdata for project-based businesses and service/installation companies.
• Procurement / Purchasing solutions (Proceedo, Medius Spend Management) Advisory, implementation and integration of Proceedo and Medius Spend Management for source-to-contract, purchase-to-pay and spend management.
• Warehouse and logistics solutions (Eazystock, Bitlog, Compass, HermX Transportadmin, BX Logistics) Implementation of inventory optimisation (Eazystock), WMS (Bitlog), warehouse management (Compass) and transport administration (HermX Transportadmin) plus the proprietary BX Logistics handheld terminal.
• ESG reporting (Visma ERP Carbon Footprint) Implementation of Visma ERP Carbon Footprint climate-data module to support sustainability and ESG reporting requirements.
• Custom application development (Skräddarsydda applikationer) Bespoke development of customer-specific business applications that integrate with the surrounding ERP, CRM and BI systems.
• Digital marketing services (digital advertising, SEO, tracking and web analytics) Digital advertising, search-engine optimisation and tracking / web-analytics services to support customers' online customer-acquisition and reporting needs.
• Budget and forecasting solutions (Planacy, Aimplan) Implementation of Planacy and Aimplan for organisational budgeting, forecasting and financial planning.
• Payroll and HRM solutions (Flex HRM, Kontek Lön, Lönelys) Implementation of payroll and HR platforms Flex HRM, Kontek Lön and Lönelys for Nordic payroll and human-resource management.
• Ongoing support and managed services Long-term technical support, managed services and certified-consultant advisory delivered to customers across the full portfolio of ERP, BI, CRM, e-commerce, integration and warehouse solutions.

Segments9 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Nine partnerships are on record, tiered core and minor.

• VismacoreChannel Partner/ Reseller/ DistributorMajor software partnership for ERP and business management solutions including Visma Net, Visma Business, and related products. Exsitec operates as a certified Visma partner providing implementation and consulting services.
• MicrosoftcoreChannel Partner/ Reseller/ DistributorPartnership for Microsoft Business Central, Power BI, and related Microsoft enterprise solutions. Certified partner status for implementation and consulting services.
• QlikcoreTechnology or IntegrationPartnership for Qlik business intelligence and data analytics platforms. Provides data integration and analytics capabilities to customers.
• SuperOfficeminorChannel Partner/ Reseller/ DistributorPartnership for SuperOffice CRM solutions providing customer relationship management implementations.
• HubSpotminorChannel Partner/ Reseller/ DistributorPartnership for HubSpot marketing, sales, and service CRM platform implementations.
• SugarCRMminorChannel Partner/ Reseller/ DistributorPartnership for SugarCRM and SugarAI customer relationship management solutions.
• LitiumminorChannel Partner/ Reseller/ DistributorPartnership for Litium e-commerce platform implementations.
• NorceminorChannel Partner/ Reseller/ DistributorPartnership for Norce commerce and customer management platform.
• VendreminorChannel Partner/ Reseller/ DistributorPartnership for Vendre sales automation and CRM solutions.

Scale indicators4 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Columbus A/S: Denmark-headquartered global IT consultancy focused on ERP, CRM, and BI implementations for mid-market firms. Direct Nordic peer to Exsitec with overlapping vendor ecosystem (Microsoft Dynamics, Visma) and similar vertical specialization.
• Bouvet ASA: Norwegian IT consulting and software house delivering ERP, BI, and digital services across the Nordics. Comparable in scale, vertical focus, and reliance on partner ecosystems.
• Vitec Software Group: Swedish vertical software acquirer and operator listed on Nasdaq Stockholm that acquires and develops Nordic business software businesses. Comparable to Exsitec in Nordic M&A approach and vertical ERP/CRM focus.
• Lime Technologies AB: Swedish CRM/ERP software and consulting company serving Nordic mid-market. Direct overlap with Exsitec in CRM/ERP implementation services and Nordic enterprise software partnerships.
• Knowit AB: Nordic IT and digital consultancy listed in Stockholm. Competes with Exsitec for certified ERP/CRM consultants and mid-market digital transformation projects in Sweden, Norway, and Denmark.
• Sigma IT Consulting: Swedish IT consultancy owned by Danir AB delivering ERP, BI, and digital services with strong Nordic presence. Closest direct peer in headcount and consulting footprint to Exsitec.

Broad incumbents

• Visma AS: Hg-Capital-owned major Nordic business software vendor, Exsitec's largest ERP partner. Treated as broad incumbent given overlap of solutions and customer base, though strategically a partner/supplier as well.
• Addnode Group AB: Larger Swedish listed IT/digital services group with diversified design, product information management, and public-sector software. Exsitec board member Ann-Charlotte Jarleryd is its former CFO, evidencing overlapping Nordic IT-services peer set.
• TietoEVRY: Large Finland/Nordic-headquartered IT services and software provider. Broader scale than Exsitec but shares the Nordic ERP/CRM implementation market.

Emerging players

• Fortnox AB: Swedish cloud-based business system (ERP/accounting/CRM/payroll) provider for small businesses. Vendor/partner rather than direct competitor, but increasingly competes for the Swedish business-software customer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/exsitec
• LinkedInlinkedin.com/company/exsitec-ab
• Instagraminstagram.com/exsitec_sverige

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A5 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Exsitec