Advania is currently owned by IK Partners, through IK IX (Mid Cap), since 2021.

When did IK Partners acquire Advania?

IK Partners acquired Advania in 2021 (active for 5 years).

Home/Companies/TMT/Advania

Advania

TMT·Iceland·Active·5yr hold

Advania is a TMT company, headquartered in Iceland.

Entry

2021

Hold

5yr

Status

Active

Est. EV

€1.2B

Investor

IK Partners

Key facts

HQIceland

SectorTMT

Nordic #1 IT services & cloud infrastructure. 4,500+ employees. Revenue €1.2B+ (2024). 30+ acquisitions under IK. From HgCapital.…Read full notes

See the full ownership history.

Free. No credit card. 30 seconds. Exit buyers and MOIC on Pro.

6 verified KPIs (Revenue, EBITDA, growth)

2 source links for every datapoint

Full fund context: vintage, strategy, region

Start free

Already a member? Sign in

More from IK IX (Mid Cap)

Other portfolio companies in the same fund.

Cinerius Financial Partners

More PE-backed in TMT

Comparable tmt deals from other GPs.

Last updated April 2026 · Sourced from public filings