Business
Acquisition of Kvadrant Consulting A/S
Elixirr International PLC has acquired Kvadrant Consulting A/S for a maximum consideration of DKK154.8 million (GBP£18.0 million), comprising initial cash, new ordinary shares, and deferred consideration contingent on performance targets. This acquisition, Elixirr's eighth since its IPO and first in the Nordic region, is expected to be immediately earnings-enhancing and provides a strategic foothold in a high-growth market, complementing Kvadrant's commercial transformation and transaction services expertise. Kvadrant reported FY25 sales of DKK53.2 million (GBP£6.2 million) and adjusted EBITDA of DKK19.7 million (GBP£2.3 million), with a strong client endorsement and outperformance over peers. The transaction will result in 50,031,154 total ordinary shares outstanding following the admission of new shares on February 5, 2026. Disclaimer*
About this update from Elixirr International Plc
[{"type":"text","content":"\n\nELIXIRR INTERNATIONAL PLC\nAcquisition of Kvadrant Consulting A/S\nElixirr International plc (the \"Company\", together with its subsidiaries, the \"Group\"), the established, global award-winning challenger consultancy, announces that on 30 January 2026 it acquired the entire issued share capital of Kvadrant Consulting A/S (\"Kvadrant\"), a Denmark-based consultancy specialising in commercial transformation, go-to-market excellence and transaction services, for a maximum consideration of DKK154.8 million (GBP£18.0 million[1]) (the \"Acquisition\").\n \nHighlights\n· Kvadrant is a founder-led, fast-growing consultancy headquartered in Copenhagen, focused on driving growth for its clients through commercial transformation.\n· The Acquisition is the Group's eighth since its AIM IPO in 2020 and marks the second transaction since the Company joined the Main Market of the London Stock Exchange in July 2025. It is the Group's first acquisition in the Nordic region.\n· The Acquisition will provide the Group with a credible foothold in the Nordic region, a high-growth and structurally attractive consulting market with strong access to the wider European market, and will accelerate the organic growth achieved by the Group in the Nordics over the past 12 months.\n· Kvadrant achieved 25% revenue CAGR from FY22 to FY25 and reported FY25 sales of DKK53.2 million (GBP£6.2 million). Adjusted FY25 EBITDA is expected to be DKK19.7 million (GBP£2.3 million). The Acquisition is expected to be immediately earnings-enhancing.\n· In addition to Kvadrant's commercial transformation and go-to-market expertise, the firm has built a fast-growing transaction services capability, which is highly complementary to the Group's existing commercial M&A offering and increases access to Private Equity and corporate M&A mandates.\n· Kvadrant serves a mature, multinational client base across healthcare, financial services, industrials and manufacturing, including clients such as Velux, Nordea and Scandic, creating clear opportunities for cross-sell across the wider Group platform.\n· Due diligence demonstrated strong client endorsement of Kvadrant...