No Result
View All Result
  • Private Data
  • Membership options
  • Login
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Subscribe
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Home PRIVATE EQUITY

Latvia’s Digital Mind expands its reach with the acquisition of EIP Dynamics, bolstering business process solutions across Europe

Arctic Startupby Arctic Startup
December 20, 2023
Reading Time: 5 mins read
in PRIVATE EQUITY, SCANDINAVIA&BALTICS
Share on FacebookShare on Twitter
– Advertisement –

Digital Mind, a Baltic business process digitalization specialist, will acquire Poland’s EIP Dynamics, a prominent Microsoft ERP solutions provider, financed by Livonia Partners. This strategic move aims to bolster Digital Mind’s capabilities, facilitating cross-border teams to serve large local and international clients in complex digitization needs. Anticipating approval in 2024, the acquisition positions Digital Mind as a significant Microsoft Business Applications champion across Baltic and Central European countries, intending further expansions in the CEE region. The integration of Alna Business Solutions into EIP Dynamics will be led by Marta Osiak, aiming to focus on individual growth in an international context while leveraging Microsoft’s ERP, AI, and cloud technologies for client benefits and employee development within the Digital Mind Group.

Digital Mind, founded in 2005 and initially started by three individuals, has evolved into an international company with offices across the Baltic countries and Poland. Committed to helping businesses digitize their operations, they specialize in enterprise content management, intelligent process automation, business cloud development, and ERP solutions. Their focus remains on sustainable, socially responsible business practices, using technology to reduce costs, boost productivity, and drive business sustainability. Partnering with OpenText and Microsoft, they serve diverse industries, aiming for mutual growth and long-term relationships with clients and partners, while prioritizing environmental impact in decision-making processes.

“We eagerly anticipate the synergies and advancements that this strategic move will foster for both companies’ teams, clients and stakeholders,” stated Rinalds Sluckis, CEO of Digital Mind.


“We are very pleased to support Digital Mind’s management in this transaction, and I know that this is just the beginning of their international ambitions. The demand for modern ERP system integration is growing rapidly, and after this acquisition more than half of Digital Mind sales will be generated from customers outside the Baltics. The company differentiates itself with specific industry expertise, which has ensured very high customer loyalty,” shared Ernests Bordāns, partner at Livonia Partners.


“In building EIP Dynamics’ growth strategy, I have always focused on people – building a longer table for them, not a higher fence. I believe that the further expansion of the company will focus primarily on the personal growth of individuals, but already in a more international context,” added Pawel Prasula, CEO of business management company EIP S.A, the previous owner of EIP Dynamics. “I am confident that the Microsoft ERP + AI + Cloud technologies will ensure further benefits to customers, translating into successful development of our employees within the Digital Mind Group.”

Click here to read more M&A news.

– Advertisement –

Read the orginal article: https://arcticstartup.com/digital-mind-acquires-eip-dynamics/

Gateways to Italy

Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

by Partner
June 6, 2023

Sign up to our newsletter

SIGN UP

Related Posts

GREEN

Startups rally against AI Act ahead of crunch EU meeting

July 1, 2025
GREEN

Microsoft to buy 1.1m tons of carbon removal credits from Norway’s Hafslund Celsio

July 1, 2025
SCANDINAVIA&BALTICS

Danish startup Leaf raises funding to simplify insurance and pension management for businesses

July 1, 2025

ItaHub

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

November 4, 2024
Italy’s SMEs export toward 260 bn euros in 2025

Italy’s SMEs export toward 260 bn euros in 2025

September 9, 2024
With two months to go before the NPL Directive, in Italy the securitization rebus is still to be unraveled

With two months to go before the NPL Directive, in Italy the securitization rebus is still to be unraveled

April 23, 2024
EU’s AI Act, like previous rules on technology,  looks more defensive than investment-oriented

EU’s AI Act, like previous rules on technology, looks more defensive than investment-oriented

January 9, 2024

Co-sponsor

Premium

Funds vying for management consulting firm BIP, a CVC portfolio company. All deals in the sector

Funds vying for management consulting firm BIP, a CVC portfolio company. All deals in the sector

March 6, 2025
Private equity, Italy 2024 closes with 588 deals as for investments and divestments from 549 in 2023. Here is the new BeBeez’s report

Private equity, Italy 2024 closes with 588 deals as for investments and divestments from 549 in 2023. Here is the new BeBeez’s report

February 10, 2025
Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

November 4, 2024
Venture capital investments top €1.3bn in 208 rounds as of Sep30  in Italy. They were €1.5 in all 2023. The new BeBeez Report

Venture capital investments top €1.3bn in 208 rounds as of Sep30 in Italy. They were €1.5 in all 2023. The new BeBeez Report

October 28, 2024
Next Post

White & Case advises Adelis on EQT’s investment in HVD Group

Hakluyt Capital announces three of its first investments

EdiBeez srl

C.so Italia 22 - 20122 - Milano
C.F. | P.IVA 09375120962
Aut. Trib. Milano n. 102
del 3 aprile 2013

COUNTRY

Italy
Iberia
France
UK&Ireland
Benelux
DACH
Scandinavia&Baltics

CATEGORY

Private Equity
Venture Capital
Private Debt
Distressed Assets
Real Estate
Fintech
Green

PREMIUM

ItaHUB
Legal
Tax
Trend
Report
Insight view

WHO WE ARE

About Us
Media Partnerships
Contact

INFORMATION

Privacy Policy
Terms&Conditions
Cookie Police

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHub
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Subscribe
  • Login
  • Cart