Vitec Software Group AB acquires MV-Nordic A/S

PROJECTMANAGER

Lars Stenvold Wik

MANDATE

Buy-side

INDUSTRY

Technology

SaaS & Software

Stratema advises Vitec on its acquisition of MV- Nordic A/S. 

PROJECTMANAGER

Lars Stenvold Wik

MANDATE

Buy-side

INDUSTRY

Technology

SaaS & Software

Vitec Software Group AB (publ) agreed July 6 to acquire 100% of the shares of the Danish software company MV-Nordic A/S whose product is an industry specific software within reading- and writing support in Denmark, Sweden and Norway. The company’s revenue was MDKK 110 with an EBITDA of approx. MDKK 11 last fiscal year.

Read the whole press release here (Swedish).
Press release from Nasdaq Globalnewswire here
Press release from Reuters here

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