Bocap's Portfolio Company Eficode acquires Beecom AG to enter Switzerland

Eficode reinforces its position as the preferred Atlassian and DevOps partner in German-speaking markets

Bocap’s portfolio company Eficode, Europe's leading DevOps company, announces the acquisition of Beecom AG, a market leader in Atlassian software and Atlassian consulting in Switzerland.

The German-speaking market is adopting software as a key competitive advantage in all industries. This has fuelled the need for both Atlassian software and related professional services. With the acquisition of Beecom AG, Eficode reinforces its ability to serve growing demand of Atlassian software, cloud migrations, and the adoption of agile and DevOps practices and tools.

"Eficode sees Beecom as the strong player in the Atlassian community in Switzerland. Beecom has established strong relationships with a number of Swiss customers including major players from the finance, insurance and public sectors, and has become the leading expert on Atlassian consulting for the entire German-speaking market. By acquiring Beecom, we can confidently serve its customers with an even broader set of services.", says Ilari Nurmi, CEO of Eficode.

After the acquisition of Beecom, German-speaking markets represent approximately one fifth of Eficode's business. Eficode continues to expand market share inside the Atlassian partner community, and further accelerates Atlassian sales and transition to the cloud. This acquisition offers the possibility to satisfy ever-broadening customer needs, including DevOps consulting, software design and development, and application management. It also enables accelerated growth of Eficode ROOT DevOps platform, a managed service for DevOps tools from over 40 technology providers. In addition to becoming the leading DevOps company in Europe, Eficode also expands its Atlassian solution offerings into areas like enterprise agile planning tools with Jira Align, IT service management (ITSM), and agile processes for wider user groups including marketing, human resources, and legal.

Beecom has over 200 customers in Switzerland from industries such as banking, automotive, business services and security. Beecom's revenue was 11 million CHF (10 million euros) in the last financial year.

For enquiries, please contact:

Bocap Private Equity Oy

Vilma Torstila, Partner & Investment Director, tel. +358 40 547 4010, vilma@bocap.fi

Eficode Oy

Ilari Nurmi, CEO, tel. +358 40 577 5084, ilari.nurmi@eficode.com