References

Avenida Background
Financial advisor to Avenida Consult on the sale to Right People Group backed by Capidea

The Deal

Nordic M&A advised Avenida Consult, a Danish consultancy specializing in providing IT freelance consultants to private companies and public institutions, on the sale to Right People Group, a leading Capidea-backed consulting firm. Avenida’s business model is centered around highly qualified freelance IT consultants with proven track records and skills, offering clients the necessary resources and flexibility to navigate the forefront of IT trends and workforce changes. From its headquarters in Hellerup, Avenida is operated by an efficient team of nine employees along with an extensive network of more than 2,500 freelancers.

Insight

“Avenida has established a strong market position in recent years and achieved impressive results,” says Agner Mark, Chairman of RPG. He adds, “Avenida and Right People Group complement each other perfectly and make an excellent match. We are very much looking forward to collaborating with Jesper Geisler and his talented team.” “At Avenida, we are very familiar with Right People Group and have long been impressed with their well-run business, especially their leading role in digitizing sales and delivery processes and their ability to scale and internationalize their concept. We are all incredibly excited to become part of RPG. The process leading up to the acquisition has further confirmed that we are joining a company with a strong and ambitious leadership team, whose visions we share to a large extent,” says Jesper Geisler, CEO of Avenida.