OVERVIEW
Established in 2005 by CEO Rinalds Sluckis, Digital Mind provides Microsoft Dynamics 365 and other software integration services to customers across the Baltic and Central European regions. The Company has offices in Latvia, Lithuania, Estonia and Poland.
Livonia Partners provided strategic financing for Digital Mind's acquisition of EIP Dynamics in Poland, thereby becoming majority shareholder in the combined Group.
Sustainability & WHY WE INVESTED
We anticipate a persistent demand for further digitization across CEE and Central EU. Microsoft Dynamics is solidifying its position as one of the leading ERP solution, advancing beyond the general ERP market growth. This progress is bolstered by its seamless integration with other Microsoft applications and a dedicated focus on cloud-based solutions.
One of the goals of Digital Mind is to help clients reduce their environmental impact through digitalization of their business processes.
KEY FACTS
- Sales: €24.0 million (2023E)
- Employees: 300+ (2023)
TEAM
- Ernests Bordāns
- Kārlis Vīķis
Livonia Partners invests in Digital Mind to jointly acquire the leading Polish Microsoft Dynamics partner EIP Dynamics
Livonia Partners will invest in Digital Mind AS, a business process digitalization specialist for large and mid-sized organizations in the Baltic states, to facilitate the acquisition of 100% shares of EIP Dynamics Sp. z o.o, a prominent Microsoft Enterprise Resource Planning (ERP) solution provider in Poland serving some of the largest companies in the country and internationally.