Vitec Software Group AB aquires Autodata Norge AS

Autodata Norge AS provides an industry-specific ERP system to the Norwegian automotive industry.

Stratema initiated the dialogue between Autodata and Vitec and ensured seamless execution of the process. Vitec Group has expanded its market presence by its strategic acquisition of Autodata Norge, which marks Vitec’s entry into a new industry vertical. Autodata, known for its sustained high performance, operates in a rapidly evolving digital niche. This acquisition positions Vitec for leveraging Autodata’s expertise and aligns well with Vitec’s multifaceted portfolio.

Stratema is exclusive M&A advisor to Vitec in the Nordics, providing expert assistance in identifying and facilitating strategic transactions.

About Vitec

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.

About Autodata

Autodata is an ERP systems provider for automotive industry companies.