Lundegaard becomes a member of the Expandia Digital group
1 week ago
Consulting and technology company Lundegaard announces that it is becoming part of the Expandia Digital group, which is acquiring a 60% stake in the company. Through this partnership, Lundegaard brings to the group extensive expertise in building modern digital channels, a strong consulting background, and more than twenty years of experience in designing digital solutions with a clear business impact. This significantly strengthens the group's ambition to provide modern, strategically oriented end-to-end services across the market.
Expandia Digital is part of the broader Expandia investment group, which also includes mobile app developers Ackee and Arbes Technologies, a creator of software solutions primarily for financial institutions. Lundegaard's entry represents an expansion of the group's competencies towards strategic digital service design, customer experience innovation, and digital transformation consulting.
New opportunities thanks to an interconnected ecosystem of services and competencies
The integration of Lundegaard significantly strengthens Expandia Digital's value proposition. The competencies of the individual members of the group naturally complement each other – while Ackee and Arbes Technologies are built on a strong technological and systemic foundation, Lundegaard brings strategic and consulting competencies and selected industry know-how to the shared ecosystem, enabling the design of digital solutions with measurable business impact. By combining these capabilities, the group can now offer clients true end-to-end delivery for the first time: from strategy and solution design to implementation, operation, long-term management, and optimization.
Despite being incorporated into the group, Lundegaard remains an independently managed company with the same organizational structure, culture, and values. The original founders, Ondřej Fatka and Petr Bartoň, as well as the management, remain with the company and are responsible for its further development.
"The partnership with Expandia Digital will enable us to expand our technological footprint and capacities, respond more flexibly to market needs, and deliver innovative digital solutions to clients more quickly. This opens up the opportunity for us to participate in larger, multidisciplinary projects—from the development of mobile and enterprise portals to fintech and enterprise systems delivered by companies within the group. At the same time, we retain our own identity and management style, which is key for us," say Petr Bartoň and Ondřej Fatka, co-owners of Lundegaard.
"Lundegaard is a respected partner with a high level of expertise in digital services. With a similar mindset to our other group company focusing on mobile app and web development, Ackee, it will strengthen our joint ability to deliver modern front-end solutions for our customers. Lundegaard also brings long-term partnerships with renowned clients in banking, logistics, and other sectors, to whom we can offer a wide range of services and a strong team of developers and analysts," adds Tomáš Návrat from Expandia Digital.
Legal advice on the transaction was provided by JŠK, advokátní kancelář, s.r.o. and AD LEGES s.r.o.
Lundegaard a.s.is a Czech consulting and technology company based in Prague, focused on digital transformation, software development, and providing comprehensive IT services. It helps leading brands in banking, insurance, automotive, logistics, and government modernize their digital channels, build modern portal solutions, develop cloud-native architectures, and implement strategic data projects, including artificial intelligence applications.
It relies on a strong technological background, a team of more than a hundred experts, and partnerships with leading global platforms. Its clients include Moneta Money Bank, Pražská energetika, Asseco CE, Amundi, Škoda Auto, Generali Česká pojišťovna, ČSOB Pojišťovna, BNP Paribas, and many others.
EXPANDIA Digital is a modern IT group founded in June 2023. Its mission is to bring innovation and modernize digital systems for companies across various industries and markets. The group focuses on collaboration on multidisciplinary projects, leveraging synergies between companies, sharing business opportunities, and growth through strategic acquisitions. It is part of the Expandia investment group, a private Czech investment group with more than 30 years of tradition.
It invests its own funds, actively and long-term manages its investments, supports their development, and is not bound by the restrictions typical of private equity funds. Its main activities include the acquisition of developing companies with long-term potential and strong know-how. It has a number of successful projects under its belt, particularly in the area of asset management and financial markets (e.g., the Expandia Banka project).