Upheads AS
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Upheads AS - overview
Established
1995
Location
Sandnes, -, Norway
Primary Industry
IT Infrastructure
About
Based in Sandnes, Norway, and founded in 1995 by Ove Rydland, Upheads AS is an IT firm providing tailored made IT solutions to its client’s company. In March 2022, Norvestor Advisory agreed to acquire a majority stake in Upheads AS. The company employs 115 employees to serve more than 2200 customers based out of Bergen, Drammen, Fredrikstad, Haugesund, Oslo, Oslofjord, Sandnes, and Trondheim. Some of the partners of the company include Microsoft, HP, Fiber, and others.
Upheads AS operates as a provider of information technology (IT) services including cloud services, security, and software development based on Microsoft services and solutions for small and medium-sized enterprises (SMEs). Additionally, the company also offers a network of computers that communicate with each other according to internet protocol known as datacom, it also takes the backup of data if it disappears in the event of natural disasters or human error, as well as it does the digitalization which means it converts analog data into digital and many others. The acquisition will help Upheads AS accelerate its growth and expand its footprint globally.
Current Investors
Norvestor
Primary Industry
IT Infrastructure
Sub Industries
Consulting Services, Offshore IT Services/IT Outsourcing, IT Infrastructure, IT Security/Cybersecurity, Systems Management Software
Website
www.upheads.no
Verticals
Cloud Computing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Upheads AS - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Upheads AS | - |
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