Qgroup Acquires Master Gazelle Company Techfactory AB
Techfactory AB, founded in 2017 and based in Stockholm, has quickly become a strong player in IT infrastructure, cloud services, and DevOps. In 2023, the company reached a turnover of SEK 51.3 million and today has over 20 employees. Techfactory has also received a lot of attention for its rapid growth and was named a gazelle company by Dagens Industri three years in a row: 2022, 2023, and 2024. This means the company can call itself a “Master Gazelle.”
Jon Carvell, CEO of Qgroup, says:
“Techfactory has an impressive competence in cloud services, infrastructure, and DevOps. They manage to combine technical excellence with personal service, team spirit, and a strong customer focus – values that are in good agreement with our philosophy at Qgroup. Their specialization in cloud services is a perfect addition to our offering and strengthens us as a whole.”
Fredrik Cederborg, CEO at Techfactory, comments:
“Joining with Qgroup gives Techfactory access to a global network of expert consultants, opening doors for collaboration, knowledge sharing, and joint growth. In addition, we will be able to take advantage of Qgroup’s strong brand and resources to consolidate our position, both in Sweden and internationally.”
About Techfactory
Techfactory, founded in 2017, builds its corporate culture on core values taken from elite sports. The focus is on the team and individual development. The recruitment philosophy “hire for personality, train for skill” reflects their belief in job satisfaction and togetherness, which leads to strong collaborations and high customer satisfaction. www.techfactory.se