Stretch Addera

June 2025

Buyer

Communardo, backed by DACH-based private equity house Bregal Unternehmerkapital (“BU”), is a leading provider of consulting services and solutions for the digital workplace. Communardo advises on projects, proposes suitable software tools, implements intelligent solutions and develops customised apps. Communardo’s customer base comprises large and medium-sized companies from various industries, including 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 +350 people across 13 locations in Germany, Austria, Switzerland and Albania.

Target

Stretch Addera, established in 2013 and part of the Stretch Group, is a Platinum-awarded and trusted Enterprise Solutions Partner and provider of Atlassian-powered collaboration, project management and software development tools in the Nordic market. The Company helps organisations to find happiness in teamwork through the Atlassian software suite, delivered locally as one unified team. Headquartered in Karlstad, Sweden, Stretch Addera employs +50 people across 8 locations in Sweden, Norway and Denmark and generated revenues of c. SEK 185m in 2024.

Seller

Stretch Group and Stretch Addera management team

Transaction

A structured auction process