ARC adds global leader – Above agency – to its interconnected offering
ARC consulting group continues its growth journey to create a Nordic digital transformation powerhouse by acquiring innovation agency Above. Above will become a new important piece in ARC’s interconnected client service offering and also bring a new competitive edge thanks to their world-leading position in their niche.
Above agency will be complementing the group’s competencies with their unique expertise within product and service innovation- where physical meets digital and design meets technology. They bring over a decade of expertise in innovative product experiences, delivering best-in-class solutions from digital products to physical experiences, and from vision to market.
With the acquisition, the ARC group will grow from 420 employees to 500 employees and from 600 MSEK in net revenues to close to 700 MSEK in net revenues (FY 2021 forecast).
“"Since the start of our journey, Above has been committed to driving innovation and positive change for the world’s boldest brands. We believe we found a powerful formula within ARC, where supporting our clients’ ambitious business and sustainability goals is strengthened and amplified even more. We look forward to expanding on and leveraging our new group’s collective competencies, and widening our reach."
“As a partner in our clients’ digital growth and transformation journeys, our aim is to build the undisputed leader in the Nordics. To be the best in the Nordics, we need to look beyond the Nordics. Above is one of a handful of companies that lead their niche – globally. And their service offering fits perfectly in the interconnected range of services that our clients demand.”
– Mattias Olofsson, CEO ARC group
About Above
Above is an innovation agency driving positive change through a seamless fusion of strategy, design and tech. They work with the world’s boldest companies to create futures that are optimistic, sustainable, and connected. Their team of 80+ specialists work from their offices in Stockholm and Malmö, Sweden; Shenzhen, China and San Francisco, USA. Above’s clients include Google, Scania, Sonos, Bang & Olufsen, IKEA, Coloplast, Zettle by Paypal.
Eidra is a consultancy collective bringing together a unique group of leading companies in strategy, creativity, and innovation. Our companies provide businesses with the concentrated expertise they need to deliver sustainable commercial advantage, at speed. We help leaders create Great Change: the exponential growth that only happens at the intersection of different perspectives.
Born in the Nordics and headquartered in Stockholm, we have found kindred spirits around the world, building strong operations in the Nordics, the Netherlands, and the US.
Today, Eidra includes Above, Ariel, Alexander Reklamebyrå, Conversionista, Cupole, Curamando, Curious Mind, Fabrique, Goods, Heydays, Kurppa Hosk, Kurppa Hosk Communications, Los & Co, Mission Anew, Neue, Tba, Q42, and Umain. We are now 1,200+ strong: strategists, creatives, and engineers, built on a foundation of management consultancy competency that allows us to move effortlessly between strategy and implementation.
Eidra is driven by its active founders and shareholders, who collaborate with minority owners Altor Equity Partners, leveraging their strategic investments to develop the consultancy collective.
Elin Kiw
Head of Communications, Eidra
Email: elin.kiw@eidra.com
Phone: +46 70 777 2267