Livingstone Advises London-Based Technology Group TIQQE on Sale to Qodea

Livingstone has acted as exclusive financial advisor to the owners of TIQQE AB on its sale to Qodea, a London-based technology group backed by Marlin Equity Partners. The acquisition marks a new phase in TIQQE’s growth journey, enabling the Swedish cloud consultancy to expand geographically while adding value to Qodea’s existing customer base through its technical expertise and proven delivery model.

Founded in 2018, TIQQE specializes in cloud technologies, modern software engineering, automation, and DevOps. The company has built a reputation for deploying complex solutions into production quickly and reliably. Its delivery model blends Swedish teams with long-standing sub-consultants in the Philippines, creating efficiencies for clients during digital transformation projects. Customers include PostNord, Svenska Retursystem, ByggMax, and Zaplox.

Alan Paton, CEO of Qodea, said the deal represents a step change for the group. “TIQQE has consistently proven it can take complex solutions to production quickly and at scale. The AI tools, processes, and distributed delivery model they have developed are driving efficiency and speed in delivery. These capabilities will add significant value for Qodea and its customers, and we are excited to integrate TIQQE into the group.”

The transaction strengthens Qodea’s position in Europe by expanding into the Nordic region and establishing additional delivery capacity in the Philippines. Joakim Restadh, Chairman of the Board and co-owner of TIQQE, welcomed the partnership. “Qodea’s growth strategy is infectious, and we are thrilled to join forces. By combining our capabilities, we can bring complementary services such as cybersecurity, managed services, and experience design to both existing and new customers.”

Livingstone, which has supported the deal from initiation to closing, emphasized the strategic fit between the two companies. Restadh credited the advisory firm with guiding TIQQE throughout the transaction process. “The Livingstone team demonstrated professionalism and commitment from the very beginning. We always felt safe and well supported in their hands.”

The sale of TIQQE is the latest in a series of transactions Livingstone has completed in the business services sector, including the sale of Volupe and FS Dynamics to Priveq, the merger of FiDo Consulting and Midagon, and the sale of PrimeQ to VIEW Ledger.