Broad Horizon buys project management consultancy Projectum

05 January 2021 2 min. read

Within months of landing in Denmark, Broad Horizon has boosted its domestic footprint with the acquisition of Projectum. 

The 50-strong Søborg based Projectum specialises in project and portfolio management, and alongside its consultancy offering, the firm has a range of proprietary project solutions developed on the Microsoft Power platform. 

Projectum was founded in 2004 by Peter Kestenholz and Carsten Nilsson, and following a number of years of growth, “we had reached a stage where we needed a bigger cog in the wheel to take the company to the next level,” explained Kestenholz. With more depth in project management, a broader portfolio, and added muscle to invest in technology, Projectum is better positioned to compete with the larger project management consultancies in Denmark and the Nordics.

Broad Horizon buys project management consultancy Projectum

This is where Broad Horizon comes in. The Netherlands headquartered professional services firm has nearly 500 employees across operations in six European countries. The company specialises in IT consultancy and technology services, and also has a consulting, data analytics and IT managed services arm.

In Denmark, the Dutch group already had a presence in the form of Delegate, which it acquired in September last year, and the two Danish companies will now team up to forge a stronger Danish operation with around 180 employees. 

“That’s why it makes good sense to become a part of the Broad Horizon family and to work closely with Delegate. Together, we are very strong, we complement each other, and we’ll be an even more attractive workplace for talented colleagues and a strong partner for our customers and partners,” said Kestenholz. 

Johan Taams, the CEO of Broad Horizon commented: “Together, Projectum and Delegate provide a strong foundation for the company’s continuing journey. We have great expectations for the Nordic market in general, and with Projectum on board, we’ll also have the opportunity to strengthen our position in the project management space internationally. We’re looking forward to seeing how things unfold.” 

Welcoming Projectum to the firm, the CEO of Delegate and Head of Nordics at Broad Horizon Jakob Schou said: “We have bought into a company that has extremely strong expertise.” Illustrated by the fact that Projectum has won Microsoft’s Global Project Partner of the Year award multiple times and has been a finalist every year since 2015.

In addition, “we have the same values and ambitions to be a fantastic workplace and to supply excellent customer services – while continuing to grow. The joint management team has an ambition to grow the company without damaging the close and personal atmosphere which is a cornerstone of both companies – this also applies to any future acquisitions.”