Dave Sandberg
Partner
Magnus Lövdén
Buy-side
Technology
SaaS & Software
Unikum represents Vitec’s first ERP system acquisition, and Vitec’s largest stand-alone acquisition to date. Unikum regards Vitec as the ideal partner, perfectly positioned to facilitate the scaling of Unikum’s solutions across the Nordics, while retaining its distinctive corporate culture and business know-how.
Stratema is exclusive M&A advisor to Vitec in the Nordics, providing expert assistance in identifying and facilitating strategic transactions.
Unikum provides the Pyramid Business Studio software, a complete business and enterprise system for small and medium-sized enterprises. The product encompasses, for example, project management, accounting, customer care and e-commerce. The system is comprised of several independent modules that are joined together into a complete solution, based on the customer’s needs. 6,500 companies are currently using Pyramid. The majority of the customers are in the Swedish wholesale and manufacturing industries.
“Unikum is a profitable and well-managed company, with an operation that is a good fit with our business model and corporate culture. We acquire companies to retain them in the Group, which is why we always apply diligently selected acquisition criteria. Today, we are delighted to warmly welcome 90 new employees.”
Lars Stenlund, CEO of Vitec Software Group
“It is great news for our customers, value-added resellers and employees to have Vitec as our new owner. They have a strong position in the Nordics and have extensive experience and broad expertise in Vertical Market Software. For us, it is crucial to have a long-term owner that is committed to the continued development of the company.”
Lars Lindskog, CEO of Unikum Datasystem AB
Vitec is the market leader for Vertical Market Software in the Nordics. They develop and deliver standard niche software. Vitec grows through acquisitions of well-managed and well-established software companies. The Group’s integrated processes, combined with its employees’ in-depth knowledge of customers’ local markets, facilitate continuous improvement and innovation. Vitec is listed on Nasdaq Stockholm.
Unikum was founded in 1982 and is based in Lund. The company reported revenues of SEK 102 million, with adjusted EBIT of SEK 42 million, for the 2019 financial year.
