Advania Due Diligence

Run due diligence on Advania: check compliance and get alerts when suppliers change.

Iceland · www.advania.com · 27 vendors

Advania is a leading Northern European IT services provider headquartered in Stockholm, Sweden. The company offers a wide range of IT services, including cloud solutions, cybersecurity, managed services, and infrastructure, to multinational enterprises, governments, and mid-market organizations. Advania focuses on simplifying IT and empowering clients to create sustainable value through technology.

Resilience scores

Technology vendors

Services catalogue

9 services in catalogue across 3 categories; runs on 27 sub-vendors.

Insights

Last updated 2026-07-29 · revision 11

27 direct vendors, 251 subvendors

Direct vendors by controlling owner country (sample)

Subvendors by controlling owner country (sample)

Compliance

11 in-scope frameworks identified; showing 3.

ISO 27001 (source) — No public evidence

Evidence: https://www.advania.com/, https://www.iso.org/standard/27001, https://www.iso.org/isoiec-27001-information-security.html

ISAE 3000 (source) — No public evidence

Evidence: https://www.advania.com/, https://www.iaasb.org/publications/international-standard-assurance-engagements-isae-3000-revised-assurance-engagements-other-audits-or

Icelandic Electronic Communications Act — No public evidence

Evidence: https://www.pfs.is/, https://www.government.is/

Financials

Three-year financials

Financial Resilience Score: 6/10

Advania is a Nordic IT services group majority-owned by Goldman Sachs Asset Management since 2021, providing significant sponsor backing and access to capital for continued M&A and refinancing. The group benefits from scale as one of the largest independent Nordic IT services groups, with recurring managed-services revenue and a diversified footprint across Sweden, Iceland, Norway, Denmark, Finland, and the UK. Its strong Microsoft/cloud partner alignment supports growth in cloud migration and modern-workplace services, while diversified end-markets including public sector, financial services, and enterprise clients across multiple countries reduce concentration risk. However, as a PE-backed IT services roll-up, Advania likely carries meaningful debt, and interest-rate rises since 2022 have increased financing costs across the sector. The rapid pace of acquisitions (Visolit 2021, Content+Cloud 2022, Servium 2023, plus multiple Nordic add-ons) creates execution and goodwill-impairment risk. Additional risks include exposure to low-margin hardware resale, Nordic IT wage inflation, competition for cloud/security talent, and FX exposure across ISK, SEK, NOK, DKK, EUR, and GBP. Without access to verified financial filings in this session, the resilience score is a moderate estimate based on qualitative factors only.

Key strengths: Majority ownership by Goldman Sachs Asset Management provides capital access, Scale as one of the largest independent Nordic IT services groups, Recurring managed-services revenue base, Diversified geographic footprint across Nordics and UK, Strong Microsoft/cloud partner alignment, Diversified end-markets including public sector and enterprise clients

Risk factors: Meaningful debt load typical of PE-backed roll-ups, Rising interest rates increasing financing costs, Integration and goodwill-impairment risk from rapid M&A, Low-margin hardware resale exposure to cyclicality, Nordic IT wage inflation and talent competition, FX exposure across multiple currencies (ISK, SEK, NOK, DKK, EUR, GBP)

Workforce by country

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