KMD (company)


KMD, develops IT solutions for Danish municipalities, government and others, as well as some branches of the army. Until 2009 it was owned by the municipalities' national association, who sold the company to EQT Partners and Arbejdsmarkedets Tillægspension. In 2012 EQT Partners sold its stake in the company to the private equity company Advent International.
Kommunedata was established in 1972 by a merger of municipal IT centres.
KMD currently employs over 3000 employees.
In 2019, Japanese company NEC acquired KMD for 8 billion DKK.

Subsidiaries