m4 Solutions is an engineering and technical consulting company founded in 2007 in Halmstad. Today, m4 has a team of 130 consultants and subconsultants, with strategically located offices in Stockholm, Gothenburg, Malmö, Kristianstad, and Halmstad.
The company's expertise centers around two core areas: mechanics and software, including recognized competencies in product development, software development, as well as project and quality management. Since its inception, m4 has prioritized its employees, which has built a strong employer brand.
Thanks to an attractive offering for its staff, the company has succeeded in attracting some of the most experienced professionals in the industry. The average experience among the consultants exceeds 10 years, enabling the company to tackle its clients' most complex challenges.
Over nearly two decades, m4 has established a stable customer base composed of multinational companies within development-intensive industries. Sectors such as industry, research, automotive, medical technology, finance, and defense account for most of their projects.
The buyer, ICT Group, is a leading European group specializing in industrial technology solutions, headquartered in the Netherlands. Through the acquisition of m4, ICT Group strengthens its presence in Sweden, where it already operates under the brand ICT Nordics. With offices in several key locations across southern and central Sweden, the group will have a stronger national presence.
m4’s current owners will continue to be actively involved in the combined operations. This ensures continuity for both employees and clients and supports the company's ongoing growth and integration.
Henrik Tiinus, CEO of m4, said that the past two years have been challenging for many in the industry. “We believe that joining forces will enable us to unlock economies of scale, enhanced capabilities, and more attractive opportunities for both our consultants and our clients.”
According to ICT Group CEO Karim Henkens, the company is not only expanding geographically but the acquisition also represents a significant qualitative addition to ICT Group's services to its clients.
“This collaboration marks a new chapter in ICT Group's growth strategy in Scandinavia,” said Henkens. “The combined organization will become a major player in the Swedish consulting market.” According to Denis van Nunen, Managing Director of ICT Nordics, there is both a good strategic and a cultural fit between ICT Group and m4. “Both companies operate in software development, mechanical engineering, and specialized consulting services. With a senior, entrepreneurial team and a proven business model, m4 will complement ICT Nordics' services very well.“
IMAP advised the sellers throughout the process.
