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Nordic M&A Tech Refresh Nordic M&A Tech Refresh Selected deals: Updated 10.01/2021 Updated every Monday morning, here 1 | 63 Nordic M&A Tech Refresh Contents Selected deals: 2021 Week 01-02 (01 jan – 10 jan) 4 Selected deals: 2020 Week 51-53 (14 dec – 31 dec) 6 Selected deals: 2020 Week 50 (07 dec – 13 dec) 8 Selected deals: 2020 Week 49 (30 nov – 06 dec) 10 Selected deals: 2020 Week 48 (23 nov – 29 nov) 12 Selected deals: 2020 Week 47 (16 nov – 22 nov) 13 Selected deals: 2020 Week 46 (09 nov – 15 nov) 15 Selected deals: 2020 Week 45 (02 nov – 08 nov) 16 Selected deals: 2020 Week 44 (26 oct – 01 nov) 17 Selected deals: 2020 Week 43 (19 oct – 25 oct) 19 Selected deals: 2020 Week 42 (12 oct – 18 oct) 21 Selected deals: 2020 Week 41 (05 oct – 11 oct) 22 Selected deals: 2020 Week 40 (28 sep – 04 oct) 24 Selected deals: 2020 Week 39 (21 sep – 27 sep) 25 Selected deals: 2020 Week 38 (14 sep – 20 sep) 26 Selected deals: 2020 Week 37 (07 sep – 13 sep) 27 Selected deals: 2020 Week 36 (31 aug – 06 sep) 28 Selected deals: 2020 Week 35 (24 aug – 30 aug) 30 Selected deals: 2020 Week 34 (17 aug – 23 aug) 32 Selected deals: 2020 Week 33 (10 aug – 16 aug) 34 Selected deals: 2020 Week 32 (03 aug – 09 aug) 35 Selected deals: 2020 Week 31 (27 july – 02 aug) 36 Selected deals: 2020 Week 30 (20 july – 26 july) 37 Selected deals: 2020 Week 29 (13 july – 19 july) 38 Selected deals: 2020 Week 28 (06 july – 12 july) 39 Selected deals: 2020 Week 27 (29 june – 05 july) 40 Selected deals: 2020 Week 26 (22 june – 28 june) 41 Selected deals: 2020 Week 25 (15 june – 21 june) 42 Selected deals: 2020 Week 24 (08 june – 14 june) 43 Selected deals: 2020 Week 23 (01 june – 07 june) 44 Selected deals: 2020 Week 22 (25 may – 31 may) 46 Selected deals: 2020 Week 21 (18 may – 24 may) 47 Selected deals: 2020 Week 20 (11 may – 17 may) 48 Selected deals: 2020 Week 19 (04 may – 10 may) 50 Selected deals: 2020 Week 18 (27 apr – 03 may) 52 Selected deals: 2020 Week 17 (20 apr – 26 apr) 53 2 | 63 Nordic M&A Tech Refresh Selected deals: 2020 Week 16 (13 apr – 19 apr) 55 Selected deals: 2020 Week 15 (06 apr – 12 apr) 56 Selected deals: 2020 Week 14 (30 mar – 05 apr) 58 Selected deals: 2020 Week 13 (23 mar – 29 mar) 60 Selected deals: 2020 Week 12 (16 mar – 22 mar) 62 Selected deals: 2020 Week 11 (9 mar – 15 mar) 63 3 | 63 Nordic M&A Tech Refresh Selected deals: 2021 Week 01-02 (01 jan – 10 jan) Acquisitions, mergers and divestitures ► Unikum Datasystem AB, Sweden-based provider of an all-in-one business and enterprise solution for SME’s, acquired by Vitec Software Group, Sweden-based Nordic market leader in Vertical Market Software http://bit.ly/3bwb5Fs ► Mindway AI, Denmark-based provider of AI- and neuroscience-based identification of at-risk and problem gambling, acquired by Better Collective, Denmark-based leading sports betting group. The investment follows from their 19,99% investment in 2019, after which Better Collective has exercised an option to acquire an additional 70% of the company http://bit.ly/3shovLy ► Global Solutions 365, Denmark-based provider of Microsoft 365 CRM solutions and related services, acquired by Consit Gruppen, Denmark-based IT consultancy providing BI, ERP, and CRM solutions http://bit.ly/2Xxmhti ► Francisco Partners-backed Consignor Group AS, Norway-based providers of deliver management software for multi carrier shipping, acquired by Marlin Equity Partners-backed Unifaun AB, Sweden-based providers of delivery and transport management software to the Nordic market http://bit.ly/3bvBAuQ ► Emply, Denmark-based provider of a full-suite HR SaaS solution, acquired by Lessor A/S owned by Paychex, an international provider of human capital management solutions for HR http://bit.ly/3snZiiH ► Projectum, Denmark-based provider of consulting and implementation services for project- portfolio- and resource management solutions, acquired by Broad Horizon, Netherlands-based full- service Microsoft solutions provider. Together with its recent acquisition of Delegate, the two will spearhead Broad Horizon’s expansion in the Nordics http://bit.ly/3bvBxPG ► Netop, Denmark-based market-leading provider of remote access and support software, acquired by Impero Software, UK-based leading provider of online student safety, classroom and network management software http://bit.ly/3ifFCZH ► Millnet BI, Sweden-based business intelligence IT consultancy, acquires by Standout Capital- backed Exsitec, Sweden-based provider of business systems for SME’s http://bit.ly/38z5zzQ 4 | 63 Nordic M&A Tech Refresh Growth capital ► Encode, Denmark-based provider of marketing workflow software solutions, raises 70 DKKm from Viking Venture, a leading investor in Nordic software solutions http://bit.ly/3oBbYAi ► Future Ordering, Sweden-based developers of an self-ordering SaaS platform that enables kiosk-, app-, and responsive web ordering in the hospitality sectors, raises 35 SEKm from new investors Bonnier Ventures, Brightly Venture and existing investors Fort Knox and Partnerinvest Norr http://bit.ly/3q8xhtm ► CAVEA.IO, Denmark-based provider of AI-based media analysis for esports and brands, raises 1 EURm from existing investors and Vækstfonden http://bit.ly/3i3ALKQ ► Liva Healthcare, Denmark-based leading European provider of digital health coaching, raises 24,5 EURm in Series B funding led by Verlinvest http://bit.ly/3oENh5Z ► Veo Technologies, Denmark-based provider of AI-driven sports cameras, raises 150 DKKm from Chr. Augustinus Fabrikker, Seed Capital, Ventech, Courtside VC, and business angels. The funds will be used to accelerate product development and ensure a broader expansion https://bit.ly/3qaMzhk ► Doors Live, Sweden-based startup building a live-only music streaming service, raises 15 SEKm from various Swedish business angels http://bit.ly/2Xt33Fc ► Globus AI, Norway-based startup developing a SaaS planning tool for health care professionals, raises 1,2 USDm from Miramar Digital Ventures, as well as new and existing business angels http://bit.ly/35vQE7Y ► Fatshark, Sweden-based independent game developer, raises 82 SEKm from Tencent, Chinese tech conglomerate, most notably known for WeChat and Riot Games http://bit.ly/3shCrFa New funds ► eEquity, Sweden-based growth equity investors, announces closing its fourth fund at 1.600 SEKm. Investments will focus on e-commerce and internet retailing with global reach. The fund aims to invest 30-150 SEKm in up to 12 European startups http://bit.ly/3q9cO7z 5 | 63 Nordic M&A Tech Refresh Selected deals: 2020 Week 51-53 (14 dec – 31 dec) Acquisitions, mergers and divestitures ► Bizbrains, Denmark-based B2B IT-system integrator, acquired by VækstPartner Kapital Denmark- based SME-focused private equity investor http://bit.ly/386rrm1 ► Viking Venture-backed View Software, Norway-based provider of digital facility management software, acquires MainManger, Iceland-based provider of a facility management platform. The acquisition strengthens View Software’s its position in the Nordics https://bit.ly/390gstJ ► Columbus, Denmark-based global ERP, IT-services and consulting company, divests it’s To- Increase subsidiary, providers of Dynamics 365 and NAV solutions, to Glide Buy Out Partners, a leading European mid-market private equity investor http://bit.ly/3hElQ9B ► Monosoft, Denmark-based software developer, acquired by Complea, Denmark-based provider of IT- and communication services http://bit.ly/3o6hQ4e ► DIBkunnskap (DIB), Norway-based digital workflow tool supplier, acquired by Karnov Group, Sweden-based provider of mission critical information in Sweden and Denmark http://bit.ly/355ZHMo ► Climber International, Sweden-based business analytics consultancy, acquired by Digia, Finland- based leading provider of software and IT services in Northern Europe http://bit.ly/3ocNr4a ► Nordcloud, Finland-based leading pan-European cloud consultancy, acquired by IBM, to be integrated in their Global Business Services division http://bit.ly/38bQg06 ► Valamis, Finland-based global digital learning and workforce development solution provider, acquired by Adelis Equity Partners, Sweden-based mid-sized Nordic private equity investor http://bit.ly/3582lRR ► Approp, Sweden-based mobile game developer focused on the word puzzle category, acquired by MAG Interactive, Sweden-based mobile game developer and publisher http://bit.ly/3hERYtP ► Compello AS, Norway-based provider of document management cloud-solutions, acquired by Hg- backed Visma, Norway-based European leader in cloud business solutions http://bit.ly/38c7EBT 6 | 63 Nordic M&A Tech Refresh Growth capital ► OnRobot, Denmark-based one-stop-shop for end-of-arm robotic tools, raises 185 DKKm from Vækstfonden, European Investment Bank (EIB), and several Danish business families, in order to accelerate the global launch of its OnRobot products http://bit.ly/3b8rkbx ► Monterro-backed Outpost24, Sweden-based cybersecurity assessment provider in Europe, raises 200 SEKm in a funding round led by Swedbank Robur and Alcur Fonder http://bit.ly/38Trnp6 ► Stealth Black, Finland-based AI startup developing negotiation software, raises 1,1 EURm in funding from VC Inventure, byFounders, and angels http://bit.ly/38bQjsO ► Alexis, Sweden-based HRtech startup developing SME people management software, raises 1,2 EURm in seed funding from Alliance Ventures http://bit.ly/355JCq8 ► Kive, Sweden-based AI startup developing a visual content library for creatives, raises 1,5 EURm in seed funding from EQT Ventures and Creandum http://bit.ly/3hHkvPE ► DreamData, Denmark-based developer of a B2B revenue attribution platform, raises
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