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Pan-European PE Firm GTO Partners Acquires Majority Stake in Danish IT Company Complea A/S

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Pan-European private equity firm GTO Partners has acquired a majority stake in Danish IT company Complea A/S to support its continued growth and market expansion.

LONDON, April 23, 2025 /PRNewswire/ — Pan-European technology-focused private equity firm GTO Partners (“GTO”) has acquired a majority stake in the leading Danish IT company Complea A/S (“Complea”), which provides IT and digitalisation services to private and public enterprises, to support its strong growth and strategic expansion.

“Complea has built a highly successful business rooted in strong values, technical excellence, and a deep commitment to its customers,” said Federico Canciani, Managing Partner at GTO. “We are proud to contribute to this next phase in the company’s journey. Our shared ambition is to drive growth through both targeted acquisitions and continued organic development. While preserving the company’s distinctive culture and customer-first approach, we will also be investing in talent acquisition by expanding the team. We see substantial opportunity in the Danish IT sector and look forward to supporting Complea’s expansion in both existing and new markets.”

GTO is a pan-European private equity firm with global expertise and vision, focused on mid-market investments in the B2B technology sector. Built on the principle that methodical focus at every stage of the investment lifecycle drives success, GTO brings deep expertise and a hands-on approach to value creation. The firm’s capability to deliver best-in-class results – through strong in-house capabilities, global perspective, and collaborative partnership with portfolio company management teams – enable it to support businesses through their next phase of growth and transformation.

Since its founding by Morten Hovaldt in 2010, Complea has consistently demonstrated strong financial performance driven by subscription-managed services and attracted considerable interest from investors over the past year. Under Hovaldt’s leadership, the North Jutland company has grown from a small operation in Hjallerup into a major national player with consistently strong financial results. Recent years have seen significant organic growth complemented by strategic acquisitions, demonstrated by its consistent +25% year-on-year organic revenue increase, while non-core business units have been divested to sharpen the company’s focus.

Most recently, Complea has invested heavily in advanced hosting infrastructure, including the addition of a second fully owned and operated data center that offers customers a secure, high-performance alternative to global hyperscalers This reflects the company’s broader commitment to delivering end-to-end IT services that simplify complexity and create real value, and provides a critical advantage in the Danish market that ensures data sovereignty and trust. With a strong, partnership-oriented approach and close customer relationships, Complea is able to respond quickly to client needs—an agility that continues to set it apart in a competitive market.

“This investment marks a very important milestone for Complea,” said Morten Hovaldt, CEO and founder of Complea. “It was vital for us to identify an investor who not only brings financial strength, but also aligns with our values, customer-centric approach, and long-term vision for industry consolidation. While this is a partial sale of the business I founded, the decision has been made with full conviction, and I look forward to continuing to lead Complea. With GTO’s support, we are well-positioned to scale, grow our team, and deliver even greater value to our clients.”

For further information, please contact:

Media enquiries: Tashi Lassalle & Ksenia Galouchko, Greenbrook, gtopartners@greenbrookadvisory.com / +44 207 952 2000

About Complea A/S

Complea was founded in 2010 by current CEO and co-owner Morten Hovaldt. The company offers a wide range of services, including private cloud solutions, IT security, operational technology (OT), Wi-Fi, infrastructure, consultancy, and Microsoft 365. Complea is ISAE 3402-certified and serves both private and public sector clients. Learn more at www.complea.dk.

About GTO Partners

GTO Partners is a pan-European sector specialist mid-market private equity firm focused on buyouts in the B2B software and services sectors. With GTO Partners’ operator-led value creation approach, the firm seeks to partner with management teams to provide support and resources to unlock the next phase of growth.  For more information visit: https://www.gtopartners.com/ 

View original content:https://www.prnewswire.co.uk/news-releases/pan-european-pe-firm-gto-partners-acquires-majority-stake-in-danish-it-company-complea-as-302434772.html

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Landis+Gyr Secures Major Contract with Leading US Utility

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CHAM, Switzerland and ALPHARETTA, Ga., Oct. 26, 2026 /PRNewswire/ — Landis+Gyr Group AG (SIX: LAND), a global energy technology leader driving intelligent innovation across the grid, today announced that it has secured a major contract with a leading US investor-owned electric utility. The agreement covers more than 3 million advanced metering endpoints.

Under the agreement, Landis+Gyr will provide Revelo meters and associated network and head-end system technologies, complemented by advanced security solutions, premium support, and software maintenance and services. The deployment is expected to advance the utility’s grid modernization objectives by enhancing security, grid visibility and operational performance.

“This important win reflects the strong momentum of our Grid Edge Intelligence portfolio and the trust customers place in Landis+Gyr to support large-scale grid modernization programs. By combining advanced metering, integrated technology, security and support capabilities, we look forward to helping this utility enhance grid visibility, reliability and operational performance,” said Peter Mainz, Chief Executive Officer of Landis+Gyr.

About Landis+Gyr

Landis+Gyr is a global energy technology leader, delivering intelligent solutions that connect devices, data, and decisions across the grid. Trusted by more than 2,000 utilities worldwide, we transform traditional devices into intelligent, networked sensors, giving utilities real-time grid visibility and system control. With these combined insights, electric, gas, and water companies can anticipate demand, optimize operations, and deliver energy that’s more reliable, resilient, accessible, safe, and sustainable for everyone. For more information, please visit our website www.landisgyr.com.

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In HelloNation, Electrical Expert Sean McGahy Breaks Down How a Whole Home Surge Protector Works

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The Article Explains How This Type of System Protects a Home’s Electronics From Power Surges Throughout the Day.

WAKE FOREST, N.C., Oct. 26, 2026 /PRNewswire/ — What does a whole home surge protector do? A HelloNation article answers that question and explains how this type of device defends a home’s wiring and electronics from voltage spikes.

The article explains that many power surges happen quietly throughout the day, often without anyone noticing. Large appliances such as air conditioners and refrigerators create small voltage spikes every time they cycle on and off.

According to the article, a whole home surge protector is installed directly at the electrical panel, where it can monitor voltage across the entire house. Unlike a power strip, which protects a single outlet, this device works at the source.

The article notes that modern homes rely on sensitive electronics, including smart thermostats, entertainment systems, and connected appliances. Repeated voltage fluctuations can damage this circuitry over time, even when a homeowner never notices it happening.

External surges from lightning strikes or utility grid fluctuations tend to be more severe than everyday cycling surges, the article explains. A whole home system is designed to respond quickly and redirect excess voltage away from a home’s circuits.

Installation is typically straightforward for a licensed electrician and does not usually require major changes to existing wiring, the article states. Many systems include indicators that let homeowners confirm the device is functioning properly.

The article points out that surge protectors are rated by how much energy they can absorb, often measured in joules. Homes with more electronics generally benefit from a protector with a higher rating.

A protector does not last forever, the article notes. Absorbing a large surge can wear down its internal components, even if the device still looks functional. Periodic testing by an electrician can confirm the system is still working as intended.

Electrical Expert Sean McGahy of Zar Electric is featured in the article. The article explains how periodic testing can confirm that a whole home surge protector is still providing the level of protection it was designed for.

The article adds that surge protection works best as one part of a broader approach to electrical safety. Homes should still have properly functioning breakers, updated wiring, and routine inspections alongside this added layer of defense.

Homes in areas prone to storms or frequent power fluctuations may see added value from this protection, the article notes. New construction offers a convenient time to add it, though retrofitting an existing home is described as achievable and usually quick.

The article notes that cost varies depending on the type of system installed and the complexity of a home’s existing electrical setup. Many homeowners view the expense as reasonable compared to the potential cost of replacing damaged electronics after a serious surge event.

Some insurance providers take note of these systems when evaluating a home’s overall risk profile, the article adds, though policies vary from carrier to carrier. This is described as one more reason homeowners weigh the value of this type of protection.

The article closes by noting that deciding whether this protection makes sense often comes down to a home’s electronics, its location, and a homeowner’s comfort level with risk. A licensed electrician can walk through these considerations before a final decision is made.

How Does Whole Home Surge Protection Safeguard Your Home? features insights from Sean McGahy, Electrical Expert of Wake Forest, North Carolina, in HelloNation.

About HelloNation

HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused digital publications and innovative “edvertising” approach, HelloNation delivers expert-driven, good-news content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/in-hellonation-electrical-expert-sean-mcgahy-breaks-down-how-a-whole-home-surge-protector-works-302919589.html

SOURCE HelloNation

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In HelloNation, Building Materials Expert Andy Maetzold Explains How Freeze-Thaw Cycles Affect Minnesota Homes

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The Article Shows How Moisture, Temperature Swings, and Hail Shape Material Choices for Roofs, Windows, Walls, and Decks.

WACONIA, Minn., Oct. 26, 2026 /PRNewswire/ — How do freeze-thaw cycles damage a home in Minnesota? The answer appears in a HelloNation article that was newly published for homeowners choosing building materials for a cold climate. The article features insights from Building Materials Expert Andy Maetzold, a fourth-generation member of the family behind Mayer Lumber.

The HelloNation article explains that a Minnesota home faces a wider range of weather than houses in most of the country. Below-zero nights, humid summers, and hailstorms all test the products used to build and repair it.

According to the article, moisture often does more harm than cold by itself. Water seeps into small gaps, freezes overnight, and expands, and repeated freeze-thaw cycles slowly push joints and seams apart.

The article also notes that large temperature swings make many products expand in summer and shrink in deep cold. Materials installed without room to move can buckle, crack, or pull loose from their fasteners.

The roof takes more of this stress than any other part of the house, the article explains. Asphalt shingles remain the most common choice because they are affordable and familiar to most roofing crews. In areas that see hail, many homeowners look at impact-resistant shingles that earn a Class 4 rating.

The article points out that some insurance companies offer lower premiums for Class 4 roofs, though discount rules vary by insurer. Metal roofing is another option that sheds snow quickly, and snow guards are often added above doors and walkways.

Ice dams get special attention in the piece. The article explains that no shingle stops them alone, because the real cause is warm air leaking into the attic and melting snow on the upper roof. Air sealing, attic insulation, and steady ventilation deal with that heat directly.

Cold-climate building codes also call for an ice barrier membrane under the shingles along the eaves, according to the article. This layer helps keep backed-up water away from the roof deck and the ceilings below.

For windows, the article points readers to the National Fenestration Rating Council label and its U-factor, which measures how easily heat passes through the whole unit. A lower number means better insulation and a warmer glass surface on a January night.

The article compares double-pane windows with triple-pane units, which cut heat loss further but cost and weigh more. It also notes that vinyl and fiberglass frames insulate well, while aluminum frames need a thermal break to suit Minnesota winters.

Walls, decks, and lumber are covered as well. The article explains that house wrap and flashing protect wall framing from water, and that wood touching concrete or soil generally needs pressure treatment.

The insights from Building Materials Expert Andy Maetzold also address cost. The article encourages comparing the full life of a product rather than the purchase price alone, since a cheaper material that needs frequent repairs can cost more over 20 or 30 years.

Finally, the article advises checking with local building officials about code rules. It also stresses following manufacturer installation instructions, since many warranties depend on them.

How Do Freeze-Thaw Cycles Affect Building Materials in Minnesota? features insights from Andy Maetzold, Building Materials Expert of Waconia, Minnesota, in HelloNation.

About HelloNation

HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused digital publications and innovative “edvertising” approach, HelloNation delivers expert-driven, good-news content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/in-hellonation-building-materials-expert-andy-maetzold-explains-how-freeze-thaw-cycles-affect-minnesota-homes-302919645.html

SOURCE HelloNation

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