We have advised the founder and owners of Inuit, the leading value-added distributor of enterprise software in Sweden, on its sale to Elovade, a European value-added software distributor.
Inuit specialises in distributing IT operations and security software from carefully selected vendors, offering a full range of services, including software license procurement, integration, onboarding, and ongoing system and process support to a wider customer base.
Elovade, backed by private equity investors HQ Equita and Verdane, is a leading value-added software distributor in Europe, focusing on IT security and cloud services. With a team of 150 experts across Germany, Italy, Sweden, and Switzerland, Elovade supports thousands of IT service providers and system integrators in distributing and implementing cutting-edge software solutions throughout Europe.
This acquisition strengthens Elovade's position in the Swedish market, where it previously established a presence through the acquisition of Innosoft, a company specialising in software solutions for MSPs and IT services in the Nordic region. Inuit plays a key role in Elovade’s strategy to continue enhancing its offering and expand its presence in the Nordics.
