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Qgroup invests in IT consultant CoreChange

<h3>Following the transaction, Qgroup owns 25 percent of the shares in the parent company CoreChange Group AB.</h3>
CoreChange was founded in 2013 and is a fast-growing IT consulting company with operations in Stockholm and Gothenburg. In 2021, the company had sales of approximately SEK 160 million and more than 100 employees. The business concept is to drive their customers&#8217; digital journey of change &#8211; from strategy to implementation and realization. The basic offer includes consulting services, primarily in business systems and e-commerce for customers in both the private and public sectors.
The investment in CoreChange means that Qgroup buys 25 percent of the parent company&#8217;s shares. The transaction takes place through a new share issue, which at the same time ensures the CoreChange Group&#8217;s continued expansion going forward.
Jon Carvell, CEO of Qgroup: 
“Investing in CoreChange is just right for us &#8211; now we are adding a well-run and fast-growing company to our group. The deal also means that we are entering the business systems (SAP) segment for the first time. This opens up a new arena for us to grow in, and we are very much looking forward to further developing the company together with the existing management. ”
Robert Åberg, CEO of CoreChange: 
“We have methodically built up our company over a ten-year period and are now ready to shift up further. The addition in the form of capital and expertise from Qgroup means that CoreChange can continue its growth journey and, at the same time, gain access to a strong customer portfolio. The cultural similarities are striking, and it is well in line with our partnership strategy to work together with like-minded people in the industry. We look forward to a fun and successful journey together.”
Mikael Kretz, co-founder of Qgroup, will in the future be part of CoreChange Group&#8217;s board.

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The Qgroup Scholarship awarded to OatLab

<h3>Since 2014, Qgroup has awarded selected students with the Qgroup Scholarship. Recipients are graduates from the Master’s Programme in Entrepreneurship &amp; Innovation at Lund University.</h3>
This year, the scholarship is awarded to Team OatLab AKA &#8211; Amrit Gill, Anne Offringa &amp; Teddy van der Vlugt for the following reasons:
“In their start-up project, they offer a commercialisation avenue to a Lund University innovation of a novel method to emulsify oat oil. And thus, their start-up offers – in their own words: “Sweden’s first oat-based skincare line, made for conscious consumers who want to nourish both self and planet, by eliminating chemical additives and using ethically-sourced ingredients.”
Mikael Kretz, co-founder of Qgroup:
“It’s an honor to be present at the graduation ceremony yet again and to be able to hand out our scholarship to students who have made an impression with their innovation. Our own identity lies in questioning old truths and paving the way for new thinking. Hence, this scholarship lies close to our hearts. I’m thrilled to see so many aspiring students and ideas, and we hope to make a difference by highlighting the winners and offering them monetary support.” 
The Qgroup Scholarship is an award of 20.000 SEK.

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Qgroup_founders

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Qgroup buys into fast-growing digital agency

<h3>Qgroup becomes a partner in Fully Studios by acquiring 20 percent of the company. The deal means that Qgroup strengthens its offering within brand development &amp; design.</h3>
Fully Studios is an award-winning Swedish studio in Gothenburg and Stockholm that offers services in web and app development, film, and gaming. With a total of 26 employees, the company has sales of approximately SEK 20 million. In recent years, Fully Studios has invested in its offer in digital development. Among other things, it has generated attention from DI Gasell, which has named Fully Studios one of Sweden’s fastest-growing companies for three years in a row in 2019, 2020, and 2021.
Jon Carvell, CEO of Qgroup: 
“We have worked with Fully as a partner for several years and know their level of quality. Their edge in brand design has so far generated strong growth, and it’s also in this segment that we will continue to invest in together. Qgroup, therefore, strengthens its range of services with an important complement to our other business areas, and which is highly demanded by our customers.”
Robin Kollberg, Creative Director at Fully Studios: 
“I’m really looking forward to the journey we are now starting with Qgroup, which is one of Sweden’s fastest-growing IT consulting companies. Our collaboration has been going on since 2013, and we know each other well. We have the same view on how to generate growth, profitability, and value. Having Qgroup as a partner strengthens our growth journey and gives our employees access to a business drive and an extremely exciting corporate culture.”
<h4>For more information, please contact:</h4>
Jon Carvell, CEO, Qgroup 
<a href="mailto:jon.carvell@qgroup.se">jon.carvell@qgroup.se</a> 
<a href="tel:+46 (0)708-707500">+46 (0)708-707500</a>
&nbsp;
<h3>In Swedish</h3>
Qgroup köper in sig I snabbväxande digital byrå
Qgroup blir delägare i Fully Studios genom att köpa 20 procent av bolaget. Affären innebär att Qgroup stärker sitt erbjudande med brand development &amp; design.
Fully Studios är en prisbelönt svensk studio i Göteborg och Stockholm som erbjuder tjänster inom webb- och apputveckling, film och spel. Med totalt 26 anställda omsätter bolaget cirka 20 mkr.
Fully Studios har de senaste åren investerat i sitt erbjudande inom digital utveckling. Det har bland annat genererat uppmärksamhet av DI Gasell, som utsett Fully Studios till ett av Sveriges snabbast växande företag tre år i rad 2019, 2020 och 2021.
Jon Carvell, VD på Qgroup: 
”Vi har arbetat med Fully som leverantör i flera år och vet vilken höjd de håller. Deras edge inom brand design har hittills genererat stark tillväxt, och det är också inom denna del som vi kommer att fortsätta att investera i tillsammans. Qgroup stärker därmed sitt tjänsteutbud med ett viktigt komplement till våra övriga affärsområden, och som efterfrågas i hög grad av våra kunder.”
Robin Kollberg, Creative Director på Fully Studios: 
&#8220;Jag ser verkligen fram emot resan som vi nu startar med Qgroup, som är ett av Sveriges snabbast växande it-konsultbolag. Vårt samarbete har pågått sedan 2013 och vi känner varandra väl. Vi har samma syn på hur man genererar tillväxt, lönsamhet och värde på sikt. Att ha Qgroup som delägare stärker vår tillväxtresa och ger våra medarbetare tillgång till ett affärsdriv och en oerhört spännande företagskultur.”
För mer information, vänligen kontakta:
Jon Carvell, CEO, Qgroup 
<a href="mailto:jon.carvell@qgroup.se">jon.carvell@qgroup.se</a> 
<a href="tel:+46 (0)708-707500">+46 (0)708-707500</a>

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Qgroup

Qgroup publishes annual report for 2021

<h3>Qgroup’s annual report 2021 is now available <a href="https://storage.mfn.se/2530bfc6-4f6f-40fd-889c-f763cbdeb4fc/qgroup-arsredovisning-2021.pdf">here</a></h3>
&nbsp;
<h4>Key figures 2021</h4>
1 Jan &#8211; 31 Dec 
Net sales amounted to SEK 506.2 million (398.9) 
Organic sales growth amounted to 26.9% (2.4) 
Operating profit amounted to SEK 52.4 million (15.1) 
The operating margin was 10.4% (3.8)
&nbsp;
<h4>Jon Carvell, CEO of Qgroup, comments:</h4>
“Qgroup entered 2021 with self-confidence and is now reporting a record year straight through, which really focused on the importance of both delivering good profitability and at the same time investing for the future and in the technologies that are changing our industry.
In 2021, Qgroup increased its net sales by almost 27 percent to SEK 506 million (399) and significantly improved operating profit to just over SEK 50 million (15). There is obviously a great need for our consultants’ expertise in the market.
Under the theme “Shaping the new way of consulting,” our annual report describes the Qgroup Group’s strategy and the activities that made 2021 a record year. The report also shows how Qgroup’s basic philosophy &#8211; to start and develop successful companies around people and their skills &#8211; has led to a record number of new recruits and highly motivated consultants who think new and where the word “impossible” does not exist. In total, more than 181 employees joined Qgroup, which is a doubling in the number of recruits compared with the previous year.
Virtually all of our 30 subsidiaries and 5 associated companies were successful in 2021. We also started a new company in Poland and a joint venture in India. Today, the Group has operations in ten countries and twenty locations in Europe, the USA, and Asia. The ambition is to establish Qgroup in many more places around the world in the coming years.
All this contributes to Qgroup’s attractiveness as an employer and facilitates the recruitment of the best consultants to our companies.”
&nbsp;
<h4>For more information, please contact:</h4>
Jon Carvell, CEO, Qgroup 
<a href="mailto:jon.carvell@qgroup.se">jon.carvell@qgroup.se</a> 
<a href="tel:+46 (0)708-707500">+46 (0)708-707500</a>
&nbsp;
<h3>In Swedish</h3>
Qgroup publicerar årsredovisning för 2021
&nbsp;
Nyckeltal 2021
1 jan &#8211; 31 dec 
Nettoomsättningen uppgick till 506,2 mkr (398,9) 
Organisk omsättningstillväxt uppgick till 26,9% (2,4) 
Rörelseresultatet uppgick till 52,4 mkr (15,1) 
Rörelsemarginalen uppgick till 10,4% (3,8)
&nbsp;
Jon Carvell, VD Qgroup, kommenterar:
”Qgroup gick in i 2021 med gott självförtroende och rapporterar nu ett rekordår rakt igenom, som verkligen satte fokus på betydelsen av att både leverera en god lönsamhet och samtidigt investera för framtiden och i de teknologier som förändrar vår bransch. Qgroup ökade sin nettoomsättning med nästan 27 procent till 562 miljoner kronor (399) och förbättrade rörelseresultatet avsevärt till drygt 50 miljoner kronor (15). Det finns uppenbarligen ett stort behov av våra konsulters kompetens på marknaden.
Under temat ”Shaping the new way of consulting” beskriver vår årsredovisning Qgroup-koncernens strategi och de aktiviteter som gjorde att 2021 blev ett rekordår. Rapporten visar också på hur Qgroups grundfilosofi &#8211; att starta och ut­veckla framgångsrika bolag runt människor och deras kompetens – har lett till ett rekord i antal nya rekryter och högt motiverade konsul­ter som tänker nytt och där ordet ”omöjligt” inte existerar. Totalt anslöt över 181 medarbetare till Qgroup, vilket är en fördubbling i antal rekryterade jämfört med året innan.
I stort sett var alla våra 30 egna bolag samt 5 intressebolag framgångsrika 2021. Vi startade dessutom upp ett nytt bolag i Polen samt ett joint venture i Indien. I dag har koncernen verksamheter i tio länder och tjugo platser i Europa, USA och Asien. Ambitionen är att sätta ner Qgroup-flaggan på många fler platser runtom i världen de kommande åren.
Allt detta bidrar definitivt till Qgroups attraktivitet som arbetsgivare och underlättar rekryteringen av de bästa konsulterna till våra bolag.”
För mer information, vänligen kontakta:
Jon Carvell, CEO, Qgroup 
<a href="mailto:jon.carvell@qgroup.se">jon.carvell@qgroup.se</a> 
<a href="tel:+46 (0)708-707500">+46 (0)708-707500</a>

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Qgroup is a group of highly specialized IT consultancy companies worldwide - all driven by individual excellence.

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We’re a rapidly expanding group of consulting companies that deliver bespoke IT services. Our success comes from questioning the status quo and challenging the old truths.

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