Sum IT PR
29.01.2025

Sequotech continues its growth with the acquisition of sumIT

Delémont, January 29, 2025 – Sequotech is expanding its expertise in data analysis and management through its partnership with sumIT, a Swiss company based in Baden-Dättwil (AG) and recognized in this field since 2000.

This acquisition brings the group’s total to six companies (dbi services, UDITIS, exxo it-services, avency, EVOK, and sumIT), marking another milestone in Sequotech’s growth strategy, initiated in November 2020 with an investment from Verium, a multi-family office based in Zurich. Holger Friedrich (CEO) and Natividad Moreno (Deputy CEO) will remain in their roles and will also take on stakes in Sequotech, joining the group’s leadership team.

Strengthening expertise in data analysis and management

With the integration of sumIT, Sequotech enhances its capabilities in the areas of data warehousing/lakehouse, analytics, and business intelligence. Established in 2000, sumIT is a prominent name in Switzerland with an excellent reputation in the IT industry, particularly among financial service providers. The company is a multi-award-winning Oracle partner and the first Snowflake partner in Switzerland.

sumIT provides highly specialized IT services in areas of increasing demand, complementing dbi services, a subsidiary of Sequotech, perfectly. While dbi services focuses on infrastructure and middleware, sumIT specializes in the application layer. Additionally, sumIT’s well-known brand and strong network enable Sequotech to further strengthen its presence in database services within Switzerland.

Holger Friedrich, founder and CEO of sumIT, commented on the partnership: “The integration into the Sequotech Group is an important step for sumIT. By joining Sequotech, we are associating ourselves with a group whose values we share. This not only ensures the long-term future of our company, but also enables us to benefit from the synergies, innovative strength and growth potential offered by a group like Sequotech.”


About sumIT

sumIT is a digital services company founded in 2000 in the German-speaking part of Switzerland. It specializes in the design and implementation of solutions in the fields of data platforms, such as data warehouses and lakehouses, as well as analytics and business intelligence. The motto "get value from data" reflects sumIT's mission: to transform its customers' data into strategic knowledge to provide a clear and comprehensive view of their business.

As a recognized expert in Oracle technologies (several times specialized and awarded by the vendor) and the first Snowflake partner in Switzerland, sumIT supports its customers with an experienced team of consultants, engineers and project managers. To achieve this, the company focuses on technical excellence and a sustainable approach to customer relations, for both on-premises and cloud solutions.

About Sequotech

Sequotech is a Swiss group of specialized IT services companies aiming to develop a strong position in the Swiss market and in neighboring countries both organically and through targeted acquisitions. The companies that currently make up the group are dbi services SA, UDITIS SA, exxo it-services AG, avency GmbH, EVOK as well as sumIT AG. The group’s vision is to further strengthen its position by adding one or two partners per year in order to become one of the leading providers of specialized IT services in the DACH region.

About Verium

Verium is an independent multi-family office in Zurich whose wide range of services is specifically geared towards families with an entrepreneurial mindset and the goal to secure and increase family wealth over the long term. For its clients, Verium also manages direct investments in medium-sized companies in the DACH region. Current investments include Home Instead, Christ & Heiri, Toradex, Tavola, Mobil in Time, DSwiss, Sequotech, Impact Acoustic and Lynus.

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