M&A Deal Summary

Duett Acquires Skyhost

On April 20, 2021, Duett acquired software company Skyhost

Acquisition Highlights
  • This is Duett’s 2nd transaction in the Software sector.
  • This is Duett’s 1st transaction in Denmark.

M&A Deal Summary

Date 2021-04-20
Target Skyhost
Sector Software
Buyer(s) Duett
Deal Type Add-on Acquisition

Target

Skyhost

Sabro, Denmark
Skyhost is a software company that combines job and project management, hour registration for payroll and billing, tool management, webportal, documentation, GPS tracking, quality assurance and standardization of routines in one software solution. Skyhost was founded in 2008 and is based in Sabro, Denmark.

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Buyer(S) 1

Buyer

Duett

Tynset, Norway

Category Company
Founded 1982
Sector Internet Software and Services
Revenue 163M NOK (2015)
DESCRIPTION

Duett is a provider of SaaS solutions to professional accounting offices and their clients in Scandinavia. The company provides complete financial systems and operating solutions to a range of industries and companies with market leadership positions in agriculture, construction and real estate with more than 20,000 unique users. Duett was founded in 1982 and is based in Tynset, Norway.


DEAL STATS #
Overall 2 of 2
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Denmark M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-11 Flexidata AS

Oslo, Norway

Flexidata AS is a provider of payroll and personnel management software Huldt & Lillevik (H&L). Flexidata is based in Oslo, Norway.

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