M&A

Wirtek buys Danish SaaS firm DitaExchange to grow recurring revenue

What's the deal? Wirtek A/SDealroom has a profile for this one. Try Dealroom → has completed the acquisition of all shares in DitaExchange ApSDealroom has a profile for this one. Try Dealroom →, a Danish SaaS company headquartered in Aarhus, including its US subsidiary DITA Exchange, Inc.Dealroom has a profile for this one. Try Dealroom → Signing and closing took place on 12 August 2026, with economic effect from 1 August 2026.

What each does: DitaExchange sells Dx5, a component content management platform built on Microsoft 365, SharePoint and Word. It runs inside the customer's own Microsoft environment, so authors work in Word and content stays under existing security controls.

Why it fits: The deal advances Wirtek's Strategy for Scalable and Sustainable Growth, announced in November 2025, which pairs a Services foundation with a subscription-based Solutions portfolio. DitaExchange adds recurring revenue, strengthens Wirtek's position in regulated industries, and extends its customer base in focus markets including the USA and Denmark.

By the numbers: DitaExchange runs a subscription business with mostly recurring revenue. In 2025, annual recurring revenue grew 22% to about DKK 2.9 million, with zero customer churn.

Who buys it: Its blue-chip clients span life sciences, energy, defence, financial services and the public sector across North America and Europe. Customers include the European Union Aviation Safety AgencyDealroom has a profile for this one. Try Dealroom → and the Canadian Nuclear Safety CommissionDealroom has a profile for this one. Try Dealroom →, where documentation must survive regulatory audit.

Board change: Alongside the deal, Kent Mousten Sørensen has stepped down as chairman of Wirtek's board of directors. Martin Dommerby Kristiansen has been elected in his place.

What changes for customers: The existing DitaExchange team, including the prior owners working in the business, continues in the new setup, securing continuity for customers and product development.

The signal: The purchase reflects a wider push by services-led firms to bolt on subscription software with predictable recurring revenue. For Wirtek, regulated industries — where compliance and documentation drive buying decisions — are the wedge to grow its Solutions division on both sides of the Atlantic.

Read more: Cision

Image credit: Generated with Gemini

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