Communardo Group enters Nordics with the acquisition of Stretch Addera
This strategic expansion reinforces its position as a pan-European leader in the Atlassian ecosystem.
The Communardo Group (or “Communardo”), is entering the Nordic market through the acquisition of Stretch Addera (a part of the Stretch Group), a leading Atlassian Platinum Solution Partner headquartered in Karlstad, Sweden. Supported by Bregal Unternehmerkapital Funds, this partnership marks a significant milestone in Communardo’s European expansion and further solidifies its position as a top-tier partner in the Atlassian ecosystem.
Dirk Röhrborn, CEO of the Communardo Group, highlights the strategic importance of this acquisition: “Stretch Addera is one of the leading Atlassian players in Scandinavia, particularly in Sweden, with a high-quality client base and outstanding cloud capabilities. This acquisition positions us as the preferred partner across the DACH region and Scandinavia – a forward-leaning region with strong demand for cloud-based collaboration and early adoption of modern workplace technologies.
The Stretch Addera management team, led by CEO Mathias Carling (right), will remain in charge and will become shareholders of the Communardo Group to drive the integration and regional growth agenda:“We are delighted to become part of the Communardo Group,” says Mathias Carling. “Our customers will continue to receive the same trusted service – now enhanced by access to new capabilities, products, and expertise across the broader group.”
Jan Maelum (left), Chairman of the Board of Stretch AB (“Stretch Group”), comments: “Our goal has always been to foster entrepreneurship and sustainable growth. Stretch Addera has now reached a stage where a strong strategic partner can unlock the next level. Communardo is a natural fit – both culturally and strategically – and we’re confident it’s the right home for the team going forward. I am proud of how Addera has developed over the years within the Stretch Group and are now looking forward to continue developing all other companies in the Stretch Group.”
Franz-Josef Seidensticker, Chairman of Communardo’s Advisory Board, emphasizes:
“In addition to the strategic alignment, we are truly impressed by the culture Mathias and his team have built – one rooted in excellence, agility, and trusted client relationships. Stretch Addera’s enterprise-grade delivery model makes it a natural extension of our platform.”
Communardo was advised by William Blair (M&A), Codex (Commercial), 8Advisory (Financial, Tax and Carve-Out), EY (Structuring) as well as Mannheimer Swartling and Paul Hastings (Both Legal). Stretch Group was advised by HDR (M&A) and Cederquist (Legal).
About Stretch Addera
Stretch Addera helps organizations find happiness in teamwork. The teams deliver local and global Atlassian solutions - As one team, with your delivery in focus, we provide the service and solutions that lift your agile teams!
About BU Bregal Unternehmerkapital
BU Bregal Unternehmerkapital (“BU”) is a leading private equity firm with offices in Zug, Munich, Milan and London. With a total of €7.0 billion in capital raised since foundation, BU is the largest mid-cap investor headquartered in the DACH region. The funds advised by BU invest in medium-sized companies based in Germany, Switzerland, Italy and Austria. With the mission to be the trusted partner for entrepreneurs and family businesses, BU focuses on partnerships with market leaders and hidden champions with strong management teams and growth potential. Since its foundation in 2015, the funds advised by BU have invested in more than 140 companies with over 29,000 employees. Around 10,000 jobs have been created in the process. BU supports entrepreneurs and families as a strategic partner to further develop, internationalize and digitalize their companies, helping them to create sustainable value responsibly and with a focus on the next generation.
About Communardo
Communardo is a leading provider of consulting services and solutions for the digital workplace. Modern working, agile processes, communication and collaboration in companies are Communardo's specialty. The experts help companies in various industries to become more efficient, automate processes and increase employee satisfaction. Communardo advises on projects, proposes suitable software tools and implements intelligent solutions or develops customized apps.
Its customers include large and medium-sized companies from various industries as well as the public sector. Communardo is an Atlassian Platinum Solution Partner, Microsoft Solutions Partner for Modern Work and a partner of Staffbase.
The group of companies employs over 360 people at 13 locations in Germany, Austria, Switzerland and Albania. Communardo was founded in Dresden in 2001.