BrightCom Solutions (part of Exsitec) Due Diligence

Run due diligence on BrightCom Solutions (part of Exsitec): check compliance and get alerts when suppliers or ownership change.

Sweden · owned by Exsitec (Sweden) · brightcom.se · 5 vendors

BrightCom is a Nordic ERP company and certified Microsoft partner specialising in Microsoft Dynamics 365 Business Central implementations for e-commerce and retail businesses. The company offers standardised integrations, apps, and implementation services that connect finance, inventory, logistics, and sales into a unified platform. It operates as a brand within the Exsitec group and has completed over 160 Business Central projects across the Nordic region.

Resilience scores

Technology vendors

Insights

Last updated 2026-09-01 · revision 3

5 direct vendors, 97 subvendors

Direct vendors by controlling owner country (sample)

Subvendors by controlling owner country (sample)

Compliance

7 in-scope frameworks identified; showing 3.

SOC 2 (source) — No public evidence

Evidence: https://www.brightcom.se/om-brightcom, https://www.brightcom.se/business-central-integrationer, https://appsource.microsoft.com/, https://www.aicpa-cima.com/resources/landing/soc-2

EU AI Act (source) — No public evidence

Evidence: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32024R1689, https://digital-strategy.ec.europa.eu/en/policies/regulatory-framework-ai, https://www.brightcom.se/microsoft-dynamics-365-business-central

NIS2 (source) — No public evidence

Evidence: https://www.brightcom.se/om-brightcom, https://www.msb.se/sv/amnesomraden/informationssakerhet-cybersakerhet-och-sakra-kommunikationer/nis2/, https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32022L2555

Financials

Three-year financials

Financial Resilience Score: 7/10

BrightCom Solutions benefits significantly from being a wholly-owned subsidiary of Exsitec Holding AB, a profitable Nasdaq First North-listed Nordic technology group. The parent company has demonstrated strong growth, roughly doubling revenue from SEK ~386M in 2021 to SEK ~830M+ in 2024, providing a solid balance sheet backing and shared services infrastructure. BrightCom's business model includes recurring revenue elements through Microsoft Business Central SaaS licensing, proprietary AppSource app subscriptions, and managed services, which enhances resilience compared to pure project-based consulting. The company maintains a diversified customer base across e-commerce, retail, fashion, and logistics verticals, with Nordic geographic diversification across Sweden, Denmark, and Norway providing currency and market risk mitigation. Certified Microsoft Solutions Partner status and MVP-level expertise create competitive moats. However, the small absolute size (~50 consultants, estimated SEK 90-130M revenue) limits capacity to absorb large customer losses or failed implementations. Key risks include heavy exposure to the e-commerce and retail vertical currently under margin pressure, dependency on the Microsoft ecosystem for pricing and licensing conditions, and structural wage inflation for Business Central consultants across the Nordics. Competition is intense from other Nordic Business Central partners like Fellowmind, Advania, Innofactor, and Iver targeting the same mid-market segment.

Key strengths: Backed by listed profitable parent Exsitec Holding AB (Nasdaq First North), Recurring revenue mix from SaaS licenses, proprietary apps, and managed services, Diversified customer base in e-commerce/retail verticals, Certified Microsoft Solutions Partner with proprietary AppSource apps, Nordic footprint (SE/DK/NO) provides geographic and currency diversification, 50+ ERP specialists with 160+ Business Central implementations completed

Risk factors: Heavy exposure to e-commerce and retail vertical under margin pressure, Dependency on Microsoft ecosystem for pricing and licensing, Wage inflation pressure for Business Central consultants across Nordics, Intense competition from other Nordic Business Central partners, Small absolute size limits ability to absorb large customer losses, Customer bankruptcy risk among mid-market e-commerce companies

Revenue by geography

Revenue by product/service

Workforce by country

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