Intershare AS sold to Infobric Group

MANDATE

Sellside

SECTOR

Technology
SaaS & Software

Infobric Group acquires 100% of the Intershare AS shares

MANDATE

Sellside

SECTOR

Technology
SaaS & Software

Infobric Group is delighted to announce its acquisition of 100% of the Intershare AS shares on 16 March 2023. The acquisition marks an important strategic milestone for Infobric, which now adds a new business area focused on rental industry digitalisation.

This investment is a key milestone for Infobric Group. We have a long history of working with the rental industry, and this transaction marks a further expansion of this fruitful collaboration. We are excited about our role in taking digitalisation of the industry to a new level. By combining the acquired Intershare operations with our existing offering, we are creating Europe’s best business system for machinery rental to construction industry companies,” says Dan Friberg, President and CEO of Infobric Group.

Intershare has for two decades developed and delivered recognised rental industry solutions and is today a Nordic market leader. The company’s principal product, Onlet, is a modern software solution that automates the rental process, optimises maintenance procedures and increases the customer fleet utilisation rate.

The sale to Infobric will enable Intershare to rapidly expand into new markets and to turbocharge its development of new solutions.

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