Establishes leading Microsoft partner

Ranja Ovedal

The founders, management, and employees of eSeven AS and Pilaro AS (the Companies) merge with Credo Partners to establish Aimbot, a new growth platform for Microsoft-focused IT services companies. All founders and managers, as well as most shareholder employees, will continue the ownership of the new platform, where Credo Partners will represent approximately 60% of the ownership.

The management of the companies will continue in their roles, and Gudmund Killi will take over as chairman of the board of directors of the parent company. Founders and management team bring in Credo Partners (Credo) to realize a forward-looking development plan that includes organic and acquisition-driven growth. In addition, the management teams and Credo have jointly identified areas related to operations with potential for improvement through collaboration across the companies.

Facts

High activity and focus on development, cooperation and strengthening of position in the future

The companies are experiencing record acquisition of customers. They are now looking forward to joining forces for the value creation program and to getting started working together to further develop the companies' value proposition to customers and a common position as a leading and innovative player in the market.

At Pilaro, we are committed to being the best possible business partner for our customers. Our ambitions are high, and we work every day to understand, simplify and develop our customers' processes and to increase their profitability. We have large ongoing deliveries and a solid pipeline, so extra resources are welcome in the coming period. A larger professional environment and new committed owners will motivate us to deliver the best solutions for our customers. We have great expectations for the collaboration with eSeven and Aimbot, and we are really looking forward to getting started, says Richard Larsen, CEO of Pilaro AS.
At eSeven, we believe this is good news for all our customers, regardless of whether they use AX, Nav or Dynamics 365 versions. They will continue to see us as a responsible, competent, and efficient partner who is reliable when it comes to deliveries. Customers will also find that through the new collaboration, we can meet their needs for specially designed functions in the solution to an even greater extent – and deliver these faster than before. We will continue to be the experienced advisor and interlocutor when customers need new changes in their businesses. For our employees, the new community will be the basis for us to stimulate and strengthen professional development in all parts of our company, and appear as an even more attractive workplace for existing and new employees, says Geir Atle Lima, CEO of eSeven AS.

About Credo Partners

Credo Partners invests in partnerships with small and medium-sized business owners. The common denominator for investments is that the companies are facing great opportunities, where getting an active co-owner on board provides a much stronger foundation for future success. The portfolio covers many different industries, such as IT services, consumer goods, health services, and aquaculture.

We are very impressed with what the current owners and management have built up. The companies have a good ability to develop their products and services based on what customers demand as well as extensive knowledge of operation-critical applications and Microsoft technology. We must work actively with our partners in management and other employees to help strengthen the companies' success, says Gudmund Killi, Managing Partner at Credo Partners.

Facts about Pilaro AS

Pilaro AS is a strategic business partner with a strong focus on industry, delivering Microsoft Dynamics 365 Business Central and Power BI, as well as its own developed industry solution for production and project, Pilaro Industry Solution. Pilaro's business strategy is to understand customer processes, create security, and to be a professional partner, with special focus on industry solutions within production, service, project, and project management. The consultants at Pilaro have great competence and are skilled at combining theory with practical experience. The combination of good market knowledge, extensive industry experience, and knowledge of Microsoft solutions makes Pilaro a safe choice of supplier.

Facts about eSeven AS

eSeven AS is a company located in Sandnes, which works with business management/ERP and digital transformation based on Microsoft Dynamics 365 platforms. Our competent employees have years of experience working with moving companies out of older ERP platforms and onto Dynamics 365. Our solution has strong tools for project planning, and we have special competence from working in farms with project-oriented activity and service tasks as well as production companies. eSeven wants to work closely with customers, and we thoroughly familiarize ourselves with the business processes to create the best basis for solutions that meet customer expectations. In recent years, eSeven has been a Gazelle company.

Ranja Pedersen Ovedal, CMO Evidi
ranja.ovedal@evidi.com