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, consisting of multinational companies within development-intensive industries. Sectors such as industry, research, automotive, medical technology, finance, and defence 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.
Denis van Nunen, Managing director, ICT Nordics:
"There is a strong strategic and cultural fit. Both companies operate in the fields of software development, mechanical engineering, and specialist consultancy services. m4 brings a senior, entrepreneurial team and a proven business model that complements ICT Nordics footprint and scale.
Denis continues:
“A year and a half ago, we started operations to also deliver projects to Swedish enterprise customers in combination with ICT Group’s nearshoring capabilities in Bulgaria and Portugal. We now see great potential for m4’s customers to benefit from access to these cost-efficient, high-quality delivery centers as well.”
Karim Henkens, CEO, ICT Group:
"This partnership marks a new chapter in ICT Group’s growth strategy in the Nordics. The combined organization will consist of over 140 consultants and more than 150 subcontractors currently in assignment, making it a significant player in the Swedish consultancy market.
Importantly, the current owners of M4 will remain actively involved in the joint operations, ensuring continuity for employees and customers alike and contributing to the continued growth and integration of the business."
Henrik Tiinus, CEO, m4 Solutions:
"The past two years have been challenging for many in our industry. We believe that by joining forces, we unlock economies of scale, improved capabilities, and more attractive opportunities for both our consultants and our customers"
IMAP advised the seller throughout the process.
