Columbus' CEO says that yesterday's Advania Business Solutions acquisition is just the start of his strategy to increase the Danish VAR's cloud solutions portfolio through M&A.
Thomas Honoré told local publication ITWatch, that he is actively on the hunt for the next attractive target.
"Cloud transformation is a renewed focus for us because we have to lift the big customers into the cloud, and here Advania Business Solutions must play a role," he said.
"And that is why I will not reject new acquisitions in Norway if relevant companies show up."
Columbus logged 1.9bn DKK (€250m) in revenue in 2018, and has 2,000 employees globally. It claims to have 5,000 customers.
According to Honoré, many of them are in need of more solutions to help them manage their cloud migration of apps and services.
This was the justification for yesterday's acquisition of rival Advania's ERP business, which specialises in Microsoft Dynamics cloud.
The total price including debt is DKK 40m. The business has revenues of DKK 75m.
"It's a minor acquisition," Honoré said.
"But it's strategically important, because we will be number one in Norway in this market."
Columbus focuses on business solutions, support operations, ERP, service desk and anti-malware protection.
Although Honoré expressed an aim to grow organically with the VAR's existing portfolio he reiterated that he wants to cover any gaps in its market to solution coverage via further buys.
"We now have room to buy other companies. I will not deny that more will come. Now we have focus here, but we see acquisitions as part of our strategy," he said.
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