M&A Deal Summary

Addnode Group Acquires Forsler & Stjerna Konsult AB

On June 29, 2017, Addnode Group acquired software company Forsler & Stjerna Konsult AB

Acquisition Highlights
  • This is Addnode Group’s 13th transaction in the Software sector.
  • This is Addnode Group’s 33rd transaction in Sweden.

M&A Deal Summary

Date 2017-06-29
Target Forsler & Stjerna Konsult AB
Sector Software
Buyer(s) Addnode Group
Deal Type Add-on Acquisition

Target

Forsler & Stjerna Konsult AB

Malmö, Sweden
Forsler & Stjerna has 27 years of experience in software development in public transport. The company has, among other things, developed the REBUS planning system, which today is used by Sweden's 21 regional public transport companies.

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Buyer(S) 1

Buyer

Addnode Group

Stockholm, Sweden

Category Company
Founded 1987
Sector Engineering
Employees2,710
Revenue 7.8B SEK (2024)
DESCRIPTION

Addnode Group provides design, engineering, and product lifecycle management solutions primarily in the Nordic Region. Addnode Group was founded in 1987 and is headquartered in Stockholm, Sweden.


DEAL STATS #
Overall 42 of 48
Sector: Software M&A 13 of 18
Type: Add-on Acquisition M&A Deals 40 of 46
Country: Sweden M&A 33 of 35
Year: 2017 M&A 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-18 Canella IT Solutions AB

Stockholm, Sweden

Canella IT Solutions AB is an IT company with cutting edge expertise, is tailored for the pharmacy market. Canella IT Products is formed with focus on product and service development. Canella has its own pharmaceutical competence within the requirements and testing activities.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-31 Service Works Group

London, United Kingdom

Service Works Group Ltd. is an international provider of Facilities, Property and Workplace Management software. SWG designs, develops, implements and supports its own software for over 1,000 customer sites across the globe. Its two applications are QFM – designed for the traditional facilities management (FM) market and P3rform, to manage the performance of operation and maintenance (O & M) Public Private Partnership (PPP) contracts. The company with 71 employees was founded in London and has operations in the UK, Australia, Canada and the Gulf states.

Buy kr132M