VIA and PFA (PFA is a limited partner in VIA equity Fond III) invest in Advania. Advania was formed in 2012 when several branches of IT companies merged and today Advania has more than 1,100 employees in 22 offices located primarily in Iceland and Sweden with a wide range of product and service offerings including managed services, IT infrastructure & integration, business solutions and professional services. VIA and PFA have acquired a minority stake in Advania.