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Date Target Transaction Type
Value: $mlns
Acquirer Seller
2025-12-02 Metaforce
Software
Stockholm, Sweden
www.metaforce.se

Metaforce is a software-services company that provides a cloud-based Customer Communication Management platform called Centerpoint, which enables organisations to design, produce, distribute, and archive customer communications (documents, interactive digital dialogues, forms, e-signatures) across print and digital channels. Metaforce was founded in 2003 and is headquartered in Stockholm, Sweden.

Add-on Acquisition

SER Group
Company
Software
Bonn, Germany
www.sergroup.com

-
Deal Article Deal Link  
2025-11-26 Ubiq
Marketing
Stockholm, Sweden
www.ubiqsolutions.se

Ubiq is a Swedish digital-signage and creative-LED installation firm that builds digital communication solutions for retail stores, coworking/offices, and other commercial spaces. Their offerings include a content-management platform (CMS) for managing displays, digital signage installations in stores and offices, and design-oriented LED displays or creative installations. Ubiq was founded in 2014 and is headquartered in Stockholm.

Add-on Acquisition

ZetaDisplay
Company
Marketing
Malm, Sweden
www.zetadisplay.com

-
Deal Article Deal Link  
2025-11-13 Triggy
Software
Stockholm, Sweden
www.triggy.ai

Triggy is a B2B sports-technology company that provides a personalisation platform combining live sports data, betting odds and user-insights so that sportsbook operators, affiliates and media companies can convert fans into bettors. Triggy is based in Stockholm, Sweden.

Add-on Acquisition

SEGG Media
Company
Gaming
Fort Worth, Texas
www.seggmediacorp.com

-
Deal Article Deal Link  
2025-11-13 Multi-Teknik
Semiconductors
Gothenburg, Sweden
www.multekpcb.com

Multi-Teknik is a printed circuit board (PCB) supplier with operations spanning Europe and Asia. They offer a wide range of PCB technologies, including standard rigid, HDI, flexible, rigid-flex, metal-core, and high-frequency boards, as well as solder paste stencils and prototype services. The company emphasizes experienced CAM engineering, in-house quality control, and efficient logistics. Multi-Teknik was founded in 1975 and is based in Gothenburg, Sweden.

Revenue (mlns) 110 SEK
EBITDA (mlns) 20 SEK
Add-on Acquisition
Value

$17

1.3x Revenue

7.1x EBITDA

NCAB Group
Company
Semiconductors
Bromma, Sweden
www.ncabgroup.com

-
Deal Article Deal Link  
2025-11-05 Envue Technologies
Life Science
Gothenburg, Sweden
www.envue-technologies.com

Envue Technologies develops optical instruments for nanoscale and biomolecular characterisation. Envue Technologies enables label-free measurement of single nanoparticles and biomolecules, supporting applications such as molecular interaction analysis, conformation studies, and diffusivity determination. Envue Technologies is headquartered in Gothenburg, Sweden.

Add-on Acquisition

NanoTemper Technologies
Company
Life Science
Munich, Germany
www.nanotempertech.com

-
Deal Article Deal Link  
2025-10-30 SMT
Metals/Mining
Moheda, Sweden
www.metaltech.se

SMT provides steel and sheet-metal surface treatment services, including organic coating, corrosion protection, and decorative finishes. SMT serves industrial clients across Europe, offering customized coating processes for various metal applications. SMT was founded in 1989 and is headquartered in Moheda, Sweden.

Advisor: IMAP
Add-on Acquisition

Swedecote
Company
Metals/Mining
Mullsjo, Sweden
www.swedecote.com

-
Deal Article Deal Link  
2025-10-21 Zimpler
Financial Services
Stockholm, Sweden
www.zimpler.com

Zimpler develops, sells, and markets payment solutions and other solutions that simplify digital transactions. Zimpler was founded in 2012 and is based in Stockholm, Sweden.

Advisor: Perella Weinberg Partners
Add-on Acquisition

TrueLayer
Company
Software
London, United Kingdom
www.truelayer.com

Nordstjernan
Investor
Family Office
Stockholm, Sweden
www.nordstjernan.se

Deal Article Deal Link  
2025-09-24 Informationsteknik
Information Technology
Hägersten, Sweden
www.informationsteknik.se

Informationsteknik provides audiovisual technology, event production, and conference solutions for corporate, public sector, and institutional clients. Informationsteknik is based in Stockholm, Sweden.

Add-on Acquisition

Avi Systems, Inc.
Company
Information Technology
Eden Prairie, Minnesota
www.avisystems.com

-
Deal Article Deal Link  
2025-09-16 Sana
Software
Stockholm, Sweden
www.sanalabs.com

Sana is an AI company building the next generation of knowledge tools. The products serve over a million users globally and are trusted by the likes of Merck and Polestar. Sana was formed in 2016 and is based in Stockholm, Sweden.

Add-on Acquisition

Workday
Company
Internet Software and Services
Pleasanton, California
www.workday.com

-
Deal Article Deal Link  
2025-09-08 RM-Snickerier
Building Materials
Vimmerby, Sweden
www.rm.se

RM-Snickerier manufactures custom‑made windows and doors in wood and wood/aluminium. RM-Snickerier was founded in 1986 and is based in Vimmerby, Sweden.

Advisor: IMAP
Add-on Acquisition

Inwido
Company
Building Materials
Malmö, Sweden
www.inwido.com

-
Deal Article Deal Link  
2025-09-04 Hexagon - Design & Engineering Business
Business Services
Stockholm, Sweden

Hexagon's Design & Engineering Business provides engineering simulation and analysis solutions.

Revenue (mlns) 280 EUR
Add-on Acquisition
Value

$3,043

9.6x Revenue

Cadence
Company
Software
San Jose, California
www.cadence.com

Hexagon
Company
Information Technology
Stockholm, Sweden
www.hexagon.se

Deal Article Deal Link  
2025-09-02 Eltech Automation
Engineering
Lomma, Sweden
www.eltechautomation.se

Eltech Automation provides industrial automation and robotics services. The company offers strong expertise in robotics, machine vision, automation, mechanical and electrical design, and industrial IT. Eltech Automation was founded in 1997 and is based in Lomma, Sweden.

Add-on Acquisition

Etteplan
Company
Business Services
Espoo, Finland
www.etteplan.com

-
Deal Article Deal Link  
2025-09-02 Aco
Consumer Products
Upplands Väsby, Sweden
www.aconordic.com

Aco is a skin healthcare company that operates Cosmica, Canoderm, Cliniderm, and Miniderm brands. Aco is based in Upplands Väsby, Sweden.

Add-on Acquisition

Karo Healthcare
Company
Life Science
Stockholm , Sweden
www.karohealthcare.com

Advisors: White & Case , Kirkland & Ellis , Simpson Thacher & Bartlett , Morgan Stanley

-
Deal Article Deal Link  
2025-08-18 m4 Solutions
Engineering
Halmstad, Sweden
www.m4.nu

m4 Solutions is an engineering and technical consulting company with a team of 130 consultants and subconsultants. m4 Solutions was formed in 2007 and is based in Halmstad, Sweden.

Advisor: IMAP
Add-on Acquisition

ICT Group
Company
Information Technology
Barendrecht, Netherlands
www.ictgroup.eu

-
2025-07-16 Tiltid
Internet Software and Services
Handen, Sweden
www.tiltid.se

Tiltid is offering cloud-based scheduling and staffing solutions, with a strong footprint in the retail, restaurant, and hospitality sectors. Tiltid was founded in 1986 and is based in Handen, Sweden.

Add-on Acquisition

Valsoft
Company
Software
Montreal, Quebec
www.valsoftcorp.com

-
Deal Article Deal Link  
2025-07-02 Svenskt Kosttillskott
Consumer Products
Stockholm, Sweden
www.svensktkosttillskott.se

Svenskt Kosttillskott is a provider of dietary supplements, sports nutrition, and healthy lifestyle products. Svenskt Kosttillskott was founded in 2005 and is based in Stockholm, Sweden.

Add-on Acquisition

Vision Consumer Health
Company
Consumer Products
Kortrijk, Belgium
www.visionhealthcare.eu

-
Deal Article Deal Link  
Avg $401
9.5x EBITDA
2.9x REVENUE

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