November 2018

Beamon People sold to ALTEN

Beamon People: Fast-growing, agile IT & Digital consultancy

A young and dynamic people-centric consultancy focusing on critical digital and IT challenges

Headquartered in Stockholm, Sweden Beamon People was founded in late 2010 by a team of IT consulting experts.

Leveraging its 85+ carefully hand-picked senior consultants, Beamon People delivers a comprehensive mix of today’s business- and growth-critical technology services to Swedish category leaders such as Bonnier, PwC, Spotify and SEB.

Built on the idea of being an agile and creative alternative to established IT Services firms, Beamon People has quickly become one of the reference players in Sweden within software development/architecture, software and quality assurance, UX design and overall IT project management.

ALTEN to strengthen its presence and IT consulting capabilities in the Nordic market

Listed on Euronext Paris, ALTEN is a European leader in engineering services and technology consulting with over 28,000 employees in more than 20 countries that generated EUR 2.0bn in revenue in 2017.

Its Swedish operations represented SEK 1.2bn in revenue in 2017, growing 18% compared to 2016. Headquartered in Gothenburg, ALTEN Sweden employs c. 1,450 staff through local offices in Stockholm, Lund, Linköping, Västerås, Jönköping, Örebro, Umeå, Skellefteå and Luleå.

The acquisition of Beamon People is in line with ALTEN’s strategic plan for the 2018-2020 period which aims at strengthening its position by reaching 2,000+ engineers in key geographies. Beamon People will increase ALTEN’s overall presence in the Swedish market with a particular focus on IT and digital services, and provide business opportunities for both companies and their clients.

Stella EOC acted as sole advisor to the Sellers.

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Kristoffer Kalleskog

Partner – Stella EOC

“We are delighted to add to our solid track-record within the Digital Enterprise Services vertical with the sale of Beamon People to ALTEN. For the past years, we have had active, ongoing discussions with all the large corporates in this ecosystem, which allowed us to identify early on the key potential partners and present our clients with the most relevant options to support and develop Beamon People further – among whom was ALTEN who put forward the best project for the future of the company.”

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