Euvic buys Fellowmind Poland for €1.1M to grow Microsoft applications arm
What's the deal? EuvicDealroom has a profile for this one. Try Dealroom → has agreed to acquire 100% of Fellowmind PolandDealroom has a profile for this one. Try Dealroom → for €1.1 million, funded from its own cash, and will rename the Warsaw consultancy Euvic Business ApplicationsDealroom has a profile for this one. Try Dealroom →. After a planned share issue to an individual investor covering 49% of the company's capital, Euvic will hold a controlling 51% stake.
What each side brings: Euvic is an IT services group that grows through acquisitions to build a broad technology offering for business clients. Fellowmind Poland specialises in implementing Microsoft ERP and CRM systems, plus AI, cloud, cybersecurity, and data analytics.
What's the endgame? The deal deepens Euvic's Microsoft-based ERP and CRM capabilities and expands its digital transformation offering across manufacturing, retail, FMCG, automotive, financial, public, and healthcare sectors in Poland. Euvic will keep ties with the Fellowmind groupDealroom has a profile for this one. Try Dealroom → in the Netherlands and Nordic markets, extending its regional footprint.
Why now? The move fits Euvic's acquisition-driven strategy to assemble a comprehensive IT solutions business. Folding in the Polish operation adds specialist consulting depth in a competitive applications market.
The signal: Small, targeted buyouts like this one show how mid-sized IT groups are consolidating Microsoft-focused consultancies to broaden their enterprise software services and strengthen their position against larger rivals.
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Image credit: Kamil Porembiński