Dave Sandberg
Partner
Lars Stenvold Wik
Buy-side
Technology
SaaS & Software
Vitec was searching for companies that could serve as a springboard for expanding its eHealth market presence. Vitec recognised Smart Visitor System as a promising prospect for advancing its growth in this digitally evolving sector.
Stratema is exclusive M&A advisor to Vitec in the Nordics, providing expert assistance in identifying and facilitating strategic transactions.
Smart Visitor System’s product is aimed at municipal leisure and culture departments in Sweden and Norway.
“Smart Visitor System is a well-managed and profitable company with standardised products for a specific niche. Vitec adopts a long-term perspective. Vitec acquires businesses with a view to retaining them. Smart Visitor System is a good fit in terms of both business model and corporate culture, and it is with great pleasure that we welcome new employees and customers to the Group today.”
Lars Stenlund, CEO of Vitec Software Group.
“Vitec has extensive experience in the development, sales and support of proprietary niche applications. In combination with our employees’ in-depth knowledge of our customers’ operations, this will afford us excellent opportunities for continuing the development of Actor SmartBook, a comprehensive solution for booking, visitor processing and subsidy management, aimed at municipalities and visitor facilities.”
Anders Åslund, Managing Director of Smart Visitor System.
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.
Smart Visitor System develops and provides business and operations systems for public visitor facilities and events in Norway and Sweden. It has a complete system for visitor facilities and municipal culture and leisure management offices.
