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Dynamo divested to Combined Excellence

Divestment to CombinedX
November 2018
Sector: Technology
Service: M&A

Our role

Exclusive financial adviser to the owners of Dynamo on the sale to Combined Excellence


CombinedX is a Swedish based group with a focus on active ownership of expert companies with operations in digitisation. The Group has sales of c. SEK 330 million, and some of the companies included are Ninetech, Elvenite Netgain, CloudPro, Sitedirect, Two, Viewbase solutions, Smartsourcing, Smiling Workplaces, inTechrity and Motification


Dynamo is one of the leading players in mobile app development. The company has just over 40 developers, all based in Stockholm