DIGMATIX Expands into Central Europe with the Acquisition of Czech and Romanian Technology Companies

DIGMATIX, the Latvian technology company formerly known as Digital Mind, has acquired two leading Microsoft Business Applications partners in Central Europe: Czech CRM specialist LLP CRM and Romanian Microsoft Dynamics 365 partner ELIAN SOLUTIONS. The transactions make DIGMATIX the sole shareholder of both companies and mark the company's expansion into the Czech and Romanian markets, significantly strengthening its Microsoft Business Applications capabilities across Central and Northern Europe.

Over the past several years, DIGMATIX has pursued a focused regional growth strategy through acquisitions across the Baltics, Poland and Croatia, building one of the broadest Microsoft technology portfolios in the region. The addition of LLP CRM and ELIAN SOLUTIONS represents the next step in that strategy, strengthening the group's expertise in customer relationship management (CRM), Microsoft Dynamics 365 Business Central, sales automation, customer service and AI-powered business solutions.

Following completion of both acquisitions, DIGMATIX will employ more than 530 professionals across eight European countries, serving more than 1,000 customers in 45 countries worldwide. In 2025, the group generated €41.8 million in revenue, while EBITDA increased to €5.1 million.*

ELIAN SOLUTIONS is one of Romania's leading Microsoft Dynamics 365 Business Central partners, employing more than 80 specialists and having successfully delivered over 250 projects across Europe and the United States. In 2025, the company reported revenue exceeding €6.2 million and EBITDA of €0.69 million.

LLP CRM is among Central Europe's most experienced Microsoft Dynamics 365 Customer Engagement partners. Its team of 25 specialists has delivered more than 120 CRM projects over the past decade across a wide range of industries. The company's customer portfolio includes international brands such as Scania, Škoda, Foxconn, Skanska, Konica Minolta, UNIQA and DPD.

"Joining DIGMATIX is the natural next step for both our company and our customers. Over the past decade, we have built a strong CRM practice, and becoming part of an international technology group gives us the opportunity to accelerate that growth. It opens the door to larger projects, broader markets and greater investment in our people. DIGMATIX's vision and long-term ambitions gave us complete confidence that this was the right decision," said Petr David, Managing Director of LLP CRM.

"Becoming part of DIGMATIX allows us to accelerate our growth, expand into new markets and take on larger, more complex projects. It is an exciting new chapter in our company's development," said Iulian Motoi, Managing Director of ELIAN SOLUTIONS.

"These acquisitions are a natural continuation of our growth strategy. As we entered the Romanian and Czech markets, our priority was to partner with companies that have an outstanding reputation, deep expertise and share our long-term vision. ELIAN SOLUTIONS is one of Romania's most experienced Business Central partners, while LLP CRM is recognized as one of Central Europe's leading Microsoft Dynamics 365 CRM specialists. Together, these companies significantly expand our capabilities and enable us to deliver broader Microsoft Business Applications expertise, stronger delivery capacity and greater value to customers across the region," said Rinalds Sluckis, Chief Executive Officer of DIGMATIX Group.

The acquisitions were financed through an investment by DIGMATIX's majority shareholder, Baltic private equity fund Livonia Partners, together with financing provided by SEB Bank. Oaklins Baltics served as financial adviser for both deals.

About ELIAN SOLUTIONS

Founded in 2008 and headquartered in Bucharest, Romania, ELIAN SOLUTIONS is a Microsoft Dynamics 365 Business Central partner specializing in ERP solutions for medium and large enterprises. The company employs more than 80 professionals and has delivered over 250 projects for customers across Europe and the United States.

About LLP CRM

Founded in 2015 and headquartered in Prague, Czech Republic, LLP CRM specializes in Microsoft Dynamics 365 Customer Engagement and Power Platform solutions. The company delivers sales, customer service, field service, customer experience and business process automation solutions. Its team of 25 specialists has completed more than 120 CRM projects for customers across Europe and beyond.

About DIGMATIX

DIGMATIX is a Latvian technology company and one of the leading Microsoft Business Applications and IT solutions providers in Central and Northern Europe. The company operates across Latvia, Finland, Estonia, Lithuania, Poland, Croatia and the Czech Republic, serving customers in more than 45 countries worldwide. DIGMATIX helps medium-sized and large organizations accelerate digital transformation through Microsoft Business Applications, data and AI solutions, and cloud technologies.

* Pro forma full-year figures are unaudited and prepared on a management accounting basis, including the full-year results of businesses acquired during 2025 as if they had been part of the Group for the entire year. Audited consolidated results prepared under IFRS consolidate acquired businesses only from their respective acquisition dates and will therefore differ.