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Wirtek acquires DitaExchange, adding a Microsoft-native SaaS platform for regulated industries
Wirtek has completed the acquisition of all shares in DitaExchange ApS, the Danish company behind Dx5, a component content management platform built on Microsoft 365. The acquisition adds a proprietary, profitable software product with recurring revenue to Wirtek's Solutions portfolio and strengthens the group's position with blue-chip clients in regulated industries across Europe and North America.
The acquisition covers DitaExchange ApS, headquartered in Aarhus, together with its US subsidiary DITA Exchange, Inc. in Radnor, Pennsylvania. Signing and closing took place simultaneously on 12 August 2026, and the transaction takes economic effect from 1 August 2026. It concludes the process first announced on 11 June 2026, following a thorough due diligence conducted by Wirtek and its advisers over recent months.
What DitaExchange does
Dx5 lets organisations manage documentation as structured, reusable content components rather than as whole documents. A piece of content is written once, approved once, and reused in every document where it appears, with full version history and traceability. In industries where documentation is subject to regulatory audit, that traceability is not a convenience. It is a requirement.
What sets Dx5 apart from other platforms in the category is where it runs. Most competing systems are standalone platforms with specialised authoring tools that customers must adopt alongside their existing IT. Dx5 runs on the customer's own Microsoft 365 environment: authors and reviewers work in Microsoft Word, content is managed in SharePoint inside the customer's own tenant, and documentation stays under the security and compliance controls the customer's IT department has already approved.
The practical consequence is that structured content management can be introduced without new infrastructure, and without retraining the specialists who actually write the content: medical writers, engineers, regulatory affairs professionals and analysts.
DitaExchange serves customers in regulated sectors including life sciences, energy, defence, financial services and the public sector. The platform is used on both sides of the regulatory chain, by the bodies that write the rules and by the organisations that have to comply with them. Customers include the European Union Aviation Safety Agency, which has published European aviation regulations on the platform since February 2018, the Canadian Nuclear Safety Commission, the European Defence Agency, Lockheed Martin, GKN Fokker, London Stock Exchange Group, Grundfos and MagVenture. In 2025, annual recurring revenue grew 22% to approximately DKK 2.9 million, with zero customer churn.
A direct step in Wirtek's growth strategy
The acquisition delivers on three of the five tracks in Wirtek's Strategy for Scalable and Sustainable Growth, announced in November 2025, which combines a profitable Services foundation with a scalable, subscription-based Solutions portfolio:
- Recurring revenue. Dx5 adds a subscription-based software product with predominantly recurring revenue to the Solutions division, alongside the Wirtek IoT Suite.
- Regulated industries. It strengthens Wirtek's position with enterprise and public-sector clients where security, documentation and compliance requirements are decisive buying factors, an area the strategy identifies as a competitive advantage for Wirtek.
- Focus markets. It extends the customer base in the USA and Denmark, with cross-sell opportunities across the combined North American and European customer base.
The existing DitaExchange team, including the prior owners working in the business, continues in the new setup. This secures continuity for customers and for ongoing product development, while the team gains access to the Wirtek Group's shared services and engineering capacity in Denmark, Romania and Portugal.
Transaction terms and outlook
The entire consideration is settled in cash, divided into a fixed payment and a multi-year earn-out linked to DitaExchange's annual recurring revenue in 2026, 2027 and 2028. No Wirtek shares are issued, so the acquisition causes no dilution of Wirtek's existing shareholders. The final purchase price will be at least DKK 7.5 million.
The acquisition does not change Wirtek's previously announced financial expectations for the 2026 financial year of revenue of DKK 65.0–70.0 million and EBITDA of DKK 3.0–6.0 million.
Full details of the payment structure, the governance of the transaction and the related change of Chairman of Wirtek's Board of Directors are set out in company announcement no. 7/2026 of 12 August 2026.
What comes next
Over the coming months, Wirtek will work with the DitaExchange team to map cross-sell opportunities across the combined customer base and to explore how Dx5 can be extended within the Solutions portfolio. Both companies serve organisations where compliance and traceability are business-critical, and both build on the Microsoft platform. That shared foundation makes joint offerings a natural next step rather than an integration exercise.
About DitaExchange
DitaExchange ApS, headquartered in Aarhus, Denmark, develops Dx5, a component content management platform for structured documentation based on the open DITA standard. Dx5 runs on Microsoft 365, with Microsoft Word as the authoring surface and SharePoint as the content repository, enabling organisations in regulated industries to author, review, approve and publish controlled documentation with content reuse and full traceability. DitaExchange serves customers across North America and Europe from Aarhus and Radnor, Pennsylvania. Read more at www.ditaexchange.com.