Q: Can you comment on the latest acquisition of Topicus in Denmark : scalepoint … this looks like a typical acquisition for them
5i Research Answer:
It is interesting that TOI's subsidiary TSS announced this news, but the parent company didn't put out a press release. Scalepoint serves the insurance sector and is TSS's fourth Danish acquisition. Founded in 2001, it has 200 employees in three countries. As usual, TOI/TSS did not provide financial metrics. But it looks like a typical tuck-in deal, and the company is getting scale in the Nordic countries.