IT solutions and staffing provider Ciber Inc. (NYSE: CBR) agreed to sell its business in Sweden to Bouvet Stockholm AB, a service provider of information technology, digital communication and enterprise management.

Ciber Sweden includes 31 employees who will transition to Bouvet upon closing, which is expected to occur this month, pending regulatory consideration.

According to a filing with the US Securities and Exchange Commission, Bouvet agreed to a cash purchase price of approximately $1.0 million. The purchase price is subject to adjustment — capped at 15% of the purchase price — with respect to the retention of certain Ciber Sweden consultants.

Ciber anticipates using the proceeds from the Ciber Sweden Sale for working capital and to reduce its borrowings under its ABL Facility with Wells Fargo Bank, N.A., according to the SEC filing. Ciber Sweden will continue to be involved in the full transition of the business to Bouvet after the closing of the transaction.

“We are continuing to execute our strategy of streamlining operations and focusing on core strengths,” said Ciber President and CEO Michael Boustridge. “We are confident that Bouvet's deep roots in the market will help provide our valued Ciber Sweden customers and employees with a seamless transition.”

ManpowerGroup (NYSE: MAN) last month agreed to acquire Ciber’s Norwegian business for $7.0 million; that deal followed ManpowerGroup’s acquisition of Ciber Netherlands in June for $25 million.

The acquisition of Ciber Sweden strengthens Bouvet's focused regional model. As a supplier to clients with local operations, the company operates in Norway and Sweden, where it has 14 local offices.

“This acquisition is highly complementary to our regional model and represents a strong fit for our strategy to expand in the attractive Swedish market,” said Bouvet CEO Sverre Hurum. “Bouvet is building expertise in Scandinavia and emphasizes our strong local presence including a deep understanding of our customers' language, culture and business.”