Press release
Stockholm, February 6, 2007
Result and Ola Ahlvarsson acquire
consulting network Springfellow
- further expansion throughout Eastern Europe,
China and India high on the agenda
Result, a leading growth partner for TIME sector (Telecom, Internet, Media, Entertainment) companies with operations in Western Europe, has acquired the Springfellow consulting network. Springfellow comprises experts on expansion into Emerging Markets and has extensive experience of the growth markets in Eastern Europe, India and China.
Through this acquisition, Result will be able to offer strategic advice, interim management and operational resources in 24 of the most attractive international markets. Springfellow will change its name to Result in all markets and will be wholly owned by Result and Ola Ahlvarsson.
“We foresee enormous potential, particularly in Russia, Poland, India and China. The acquisition of Springfellow is a direct consequence of our clients showing interest in these markets. At the same time, we can see that there is increased interest in European establishment from within these growth markets, which motivates our intensified focus,†explains Result Group CEO, Ola Ahlvarsson
Johan Gorecki, founder and CEO of Springfellow, becomes the new CEO for Globeforum, Europe’s leading international growth conference. To date, Globeforum has been operated as part of Springfellow’s operations. Globeforum will now become an independent company. Gorecki will assist the Result Board as an advisor, focusing particularly on the integration of Springfellow and Result. In conjunction with the transaction, Result has also acquired an option to become a minority shareholder in Globeforum.
For further information, please contact:
Ola Ahlvarsson, CEO, Result AB. Mobile: +46 708 984 335. E-mail: ola@result.com,
About Result (www.result.com): Result was founded in 1999 and is an international growth partner for companies within Internet, Telecom, Media and Technology. Result offers expansion advice, interim management and international business development through 14 offices in Europe and Asia. Result also has interests that include FON, SIME and Letsbuyit.
About Springfellow: Since its inception in 2000, Springfellow has been assisting companies in Western Europe to become established in the Baltics, Poland, China, India, Ukraine, the Czech Republic, Hungary and Russia.. Springfellow supports clients with strategic knowledge, business development knowledge, local operational resources, as well as an extensive network of contacts within local trade and industry and with local authorities.