30593059 EIP Dynamics - acquired by - Digital Mind – Aventis Advisors
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EIP Dynamics
- acquired by -
Digital Mind

Transaction Details:

Sector:

IT Services

Deal type:

Buy-side advisory

Year:

2023

Deal Team:

Marcin Majewski, Filip Drazdou

Aventis advised Digital Mind on its acquisition of EIP Dynamics, a leading Microsoft Dynamics ERP solutions provider in Poland. Digital Mind, a business process digitalization specialist in the Baltic states, aims to become a regional Microsoft Business Applications champion. Supported by private equity firm Livonia Partners, this strategic acquisition enhances Digital Mind’s cross-border capabilities.


Background

Digital Mind AS, founded in 2005, is a leading provider of business process digitalization solutions in the Baltic states, specializing in ERP, ECM, and Intelligent Process Automation. The company acquired EIP Dynamics, a prominent Microsoft ERP solutions provider in Poland.

This strategic acquisition enhances Digital Mind’s leadership in Microsoft Business Applications, with EIP Dynamics contributing deep industry expertise and a strong international client base. The combined company is well-positioned to lead digital transformation efforts across Central and Eastern Europe.

The Challenge

Digital Mind aimed to acquire a Polish firm that would:

  • Strengthen its position as a regional leader in Microsoft Dynamics solutions
  • Enhance capabilities to meet the growing demand for modern ERP solutions

Transaction

Our team at Aventis Advisors provided comprehensive M&A advisory support to Digital Mind throughout the acquisition process, leveraging our financial and IT services industry expertise to:

  • Analyze the competitive market landscape, identify strategic opportunities, and engage with a diverse pool of potential targets
  • Structure and negotiate a deal that aligned with Digital Mind’s growth objectives and secure financial backing from Livonia Partners
  • Provide hands-on support during the integration planning phase to ensure smooth operational continuity
  • Facilitate a smooth and efficient closing process, ensuring a seamless transition for both companies

The transaction was backed by Livonia Partners, a pan-Baltic private equity firm, whose investment underscores confidence in Digital Mind’s growth potential and its ability to meet increasing demand for modern ERP solutions. As part of the integration, Alna Business Solutions will merge with EIP Dynamics’ 130-member team, led by Marta Osiak, ensuring strengthened leadership and operational continuity.

Outcome

The transaction positions Digital Mind as a regional leader in Microsoft Business Applications, combining the strengths of both organizations. With forecasted revenues of €24 million in 2023 and a team exceeding 300 professionals, the company is now poised to drive digital transformation solutions across borders.

Looking Ahead

The partnership positions Digital Mind to:

  • Strengthen its leadership in the Microsoft Dynamics ecosystem.
  • Accelerate growth across Central and Eastern Europe.
  • Explore additional acquisitions to solidify its regional and international presence.

With expanded resources and a unified team, Digital Mind is ready to deliver cutting-edge digital transformation solutions that meet the evolving needs of its clients, ensuring continued success in a dynamic market.

Aventis Advisors Will Help You Navigate the Polish M&A Landscape

While evaluating financials is important, acquiring a company involves much more. It’s about finding the right cultural fit, understanding market trends, and ensuring a seamless integration post-acquisition. Polish M&A advisors bring local expertise, alongside helping you identify the most strategic acquisition targets, navigate the complexities of the deal, and improve the probability of a transaction.

Aventis Advisors is a Polish M&A advisor focusing on technology and growth companies. Our team has accumulated significant know-how in helping international buyers navigate the unique complexities of investing in Poland. With our experience in bringing together foreign investors and Polish targets, you can trust us to take care of all your investment needs – from understanding complex financials to bridging cultural gaps!

Contact us if you want to learn more about M&A in Poland. We would be happy to answer any of your questions and find the best deals for you. 

Client Testimonial

Aventis brought a level of expertise and practical insight that greatly contributed to the success of the deal. Their team demonstrated a keen understanding of the nuances involved in M&A in the IT services space, providing sound advice and helping us navigate the complexities seamlessly. I would recommend their services to any organization seeking a pragmatic and results-driven partner in their business endeavors.

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Rinalds Sluckis
CEO, Digital Mind
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