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Nordic M&A Tech Refresh Nordic M&A Tech Refresh Selected deals: Updated 09.05/2021 Updated every Monday morning, here 1 | 88 Nordic M&A Tech Refresh Contents Selected deals: 2021 Week 18 (03 may – 09 may) 4 Selected deals: 2021 Week 17 (26 apr – 02 may) 5 Selected deals: 2021 Week 16 (19 apr – 25 apr) 7 Selected deals: 2021 Week 15 (12 apr – 18 apr) 9 Selected deals: 2021 Week 14 (5 apr – 11 apr) 11 Selected deals: 2021 Week 12-13 (22 mar – 4 apr) 13 Selected deals: 2021 Week 11 (15 mar – 21 mar) 15 Selected deals: 2021 Week 10 (08 mar – 14 mar) 17 Selected deals: 2021 Week 09 (01 mar – 07 mar) 18 Selected deals: 2021 Week 08 (22 feb – 28 feb) 20 Selected deals: 2021 Week 06-07 (08 feb – 21 feb) 21 Selected deals: 2021 Week 05 (01 feb – 07 feb) 23 Selected deals: 2021 Week 04 (25 jan – 31 jan) 24 Selected deals: 2021 Week 03 (18 jan – 24 jan) 26 Selected deals: 2021 Week 02 (11 jan – 17 jan) 28 Selected deals: 2021 Week 01 (01 jan – 10 jan) 29 Selected deals: 2020 Week 51-53 (14 dec – 31 dec) 31 Selected deals: 2020 Week 50 (07 dec – 13 dec) 33 Selected deals: 2020 Week 49 (30 nov – 06 dec) 35 Selected deals: 2020 Week 48 (23 nov – 29 nov) 37 Selected deals: 2020 Week 47 (16 nov – 22 nov) 38 Selected deals: 2020 Week 46 (09 nov – 15 nov) 40 Selected deals: 2020 Week 45 (02 nov – 08 nov) 41 Selected deals: 2020 Week 44 (26 oct – 01 nov) 42 Selected deals: 2020 Week 43 (19 oct – 25 oct) 44 Selected deals: 2020 Week 42 (12 oct – 18 oct) 46 Selected deals: 2020 Week 41 (05 oct – 11 oct) 47 Selected deals: 2020 Week 40 (28 sep – 04 oct) 49 Selected deals: 2020 Week 39 (21 sep – 27 sep) 50 Selected deals: 2020 Week 38 (14 sep – 20 sep) 51 Selected deals: 2020 Week 37 (07 sep – 13 sep) 52 Selected deals: 2020 Week 36 (31 aug – 06 sep) 53 Selected deals: 2020 Week 35 (24 aug – 30 aug) 55 Selected deals: 2020 Week 34 (17 aug – 23 aug) 57 Selected deals: 2020 Week 33 (10 aug – 16 aug) 59 Selected deals: 2020 Week 32 (03 aug – 09 aug) 60 2 | 88 Nordic M&A Tech Refresh Selected deals: 2020 Week 31 (27 july – 02 aug) 61 Selected deals: 2020 Week 30 (20 july – 26 july) 62 Selected deals: 2020 Week 29 (13 july – 19 july) 63 Selected deals: 2020 Week 28 (06 july – 12 july) 64 Selected deals: 2020 Week 27 (29 june – 05 july) 65 Selected deals: 2020 Week 26 (22 june – 28 june) 66 Selected deals: 2020 Week 25 (15 june – 21 june) 67 Selected deals: 2020 Week 24 (08 june – 14 june) 68 Selected deals: 2020 Week 23 (01 june – 07 june) 69 Selected deals: 2020 Week 22 (25 may – 31 may) 71 Selected deals: 2020 Week 21 (18 may – 24 may) 72 Selected deals: 2020 Week 20 (11 may – 17 may) 73 Selected deals: 2020 Week 19 (04 may – 10 may) 75 Selected deals: 2020 Week 18 (27 apr – 03 may) 77 Selected deals: 2020 Week 17 (20 apr – 26 apr) 78 Selected deals: 2020 Week 16 (13 apr – 19 apr) 80 Selected deals: 2020 Week 15 (06 apr – 12 apr) 81 Selected deals: 2020 Week 14 (30 mar – 05 apr) 83 Selected deals: 2020 Week 13 (23 mar – 29 mar) 85 Selected deals: 2020 Week 12 (16 mar – 22 mar) 87 Selected deals: 2020 Week 11 (9 mar – 15 mar) 88 3 | 88 Nordic M&A Tech Refresh Selected deals: 2021 Week 18 (03 may – 09 may) Acquisitions, mergers and divestitures ► eTaika, Finland-based specialist in training and competence management software, acquired by Visma, Norway-based European leader in cloud-based business solutions. The acquisition expands the offering of Visma’s Public division https://bit.ly/3beYaqu ► Progressive, Denmark-based provider of outsourcing and cloud services, acquired by Hg-backed IT Relation, Denmark-based leading supplier of IT outsourcing services https://bit.ly/33rdlsi ► Dialog exe (DX), Norway-based developers of cloud-based software solutions for the cinema and culture industry, sells 43% stake to Øgreid, Norway-based family office and private equity investor https://bit.ly/3uylozF ► PM El-Beregning, Denmark-based provider of Kalkia, a calculation software for the construction sector, acquired by EG A/S, Denmark-based vertical software provider https://bit.ly/2R7oZWD ► Knowit acquires Cybercom to create a new Nordic powerhouse for digital solutions and transformation https://bit.ly/3hcEFCC ► Genia, Denmark-based it consultancy and operations, cloud and hosting specialist, acquired by Advania, Sweden-based leading full-service IT provider in Northern Europe https://cisn.co/33v3sK8 Growth capital ► Replay Institute, Denmark-based developer of VR-based software solutions for football clubs, raises 4,5 DKKm in a round led by PreSeed Ventures https://bit.ly/33uZnpu ► Einride, Sweden-based electric self-driving vehicle start-up, raises 110 USDm in its Series B from new investors Temasek, Maersk Growth, Northzone, Build Capital, and Soros, as well as existing investors EQT Ventures, Plum Alley Investments, Norrsken VC, Ericsson, and NordicNinja https://reut.rs/3w6VjrR ► Tame, Denmark-based platform for virtual events, raises 4,6 EURm in seed funding from VF Venture, byFounders, and BA’s https://bit.ly/2Q1G8k2 ► Spirii, Denmark-based developers electric car chargers, raises 70 DKKm from its new investor Nordic Alpha Partners, to become the leading provider of chargers in Europe https://bit.ly/2Q2nys6 ► FeltGIS, Norway-based start-up developing digital services and communication solutions for the forestry industry, raises 10,3 NOKm from First Seed Hedmark (managed by Skagerak Maturo) https://bit.ly/3exm9mP ► Voyado, Sweden-based SaaS customer experience and multichannel marketing platform, receives undisclosed investment from Verdane, Sweden-based growth equity investor https://bit.ly/3famn2x 4 | 88 Nordic M&A Tech Refresh Selected deals: 2021 Week 17 (26 apr – 02 may) Acquisitions, mergers and divestitures ► Checkout Finland, Finland-based payments provider for e-commerce and physical merchants, acquired by Nets Group, Denmark-based European leading payments provider, as part of Nets Group’s pan-Europe consolidation strategy https://bit.ly/3xExf0N ► Nordman & Co, Sweden-based developers of a complete sales force system for multiple industries in the Nordic region, acquired by Vitec, Sweden-based leading provider of vertical market software in the Nordic region https://bit.ly/3xA2jyK ► Karriere.no, Norway-based cloud-based SaaS recruitment platform, sells 51% stake to 24SevenOffice, Norway-based providers of cloud-based ERP solutions https://cisn.co/3betDcz ► Aditro, Sweden-based providers of cloud-based and outsourcing services for HR and payroll in the Nordics, acquired by SD Worx, Belgian-based providers of digital HR and payroll services in over 90 countries https://bit.ly/3nNyDtx ► Tietoaika, Finland-based leading developer of residential real-estate management solutions, acquired by Confirma Software (backed by Abry), Sweden-based Nordic platform for acquiring SME-focused enterprise software companies https://bit.ly/3gVGRhH ► Adtoox, Sweden-based cloud-based ad delivery solutions, acquired by Peach, London-based global video ad management platform, to expand footprint and create a new Nordics Hub https://bit.ly/3ucKYKf Growth capital ► PortalOne, Norway-based hybrid games company delivering live game experiences, raises 15 USDm in seed funding from Talis Capital, Seedcamp, SNÖ Ventures, Founders Fund, TQ Ventures, Coatue Management, Signia Venture Partners, Rogue Capital Partners, Atari, and ARRI, as well as several high-profile BA’s https://bit.ly/3tgCfFw ► Astrid Education, Sweden-based EdTech startup providing an voice-based and personalized learning platform to build stronger communicators, raises 4 USDm in its seed round from leading Scandinavian and global BA’s https://bit.ly/3edAg0g ► Yousician, Finland-based interactive music learning platform, raises 23,1 EURm in Series B funding for its two platforms. The round was led by True Ventures, with participation from Alexa Fund, MPL Ventures and several BA’s https://bit.ly/3ePEElk ► DanAds, Sweden-based self-serve advertising platform, raises 5 USDm from Wellstreet and BA’s to expand into European markets and new verticals https://bit.ly/3aSz14I 5 | 88 Nordic M&A Tech Refresh New funds ► Amadeus Capital Partners, UK-based global technology investor, closes its fifth fund at 110 GBPm to invest in deep tech Seed and Series A startups in Europe and beyond https://bit.ly/2SkGPpA ► Endeit Capital, Netherlands-based leading European tech scale-up closes its third fund at 250 EURm to invest in technology scale-ups across Europe https://bit.ly/3ud8Mxn 6 | 88 Nordic M&A Tech Refresh Selected deals: 2021 Week 16 (19 apr – 25 apr) Acquisitions, mergers and divestitures ► SharkCell, Denmark-based providers of BI solutions in the cloud, acquired by Computas, Norway- based providers of IT solutions and consultancy https://bit.ly/3aE7UKq ► Business Analyze, Norway-based providers of SaaS-based BI solutions, acquired by Viking Venture-backed House of Control Group, Norway-based SaaS developers providing an ecosystem of software solutions for CFO’s https://bit.ly/3gETf5Q ► SkyHost, Denmark-based developers of resource planning and fleet management solutions, acquired by Accel-KKR-backed Duett Software Group, Norway-based provider cloud-based ERP and economics software solutions https://bit.ly/32J8QsS ► Solutionhouse, Denmark/Netherlands-based specialist in Dynamic 365 ERP solutions, acquired by BE-terna Group, Austria-based leading European Microsoft and Infor solutions partner https://bit.ly/3u3UxLe ► Lendify, Sweden-based neobank providing peer-to-peer loans for high credit lenders, acquired by Lunar, Denmark-based mobile-based digital bank providing bank loan, account and management services https://bit.ly/2QTVMOA Growth
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