Add-on Acquisition • Software

Exsitec Acquires Vitari

On June 2, 2021, Exsitec acquired software company Vitari for 125M NOK

Acquisition Context

This is Exsitec’s 1st transaction in the Software sector.
This is Exsitec’s largest (disclosed) transaction.
This is Exsitec’s 1st transaction in Norway.

Explore All 10283 Add-on Acquisition Software Deals - Search the Database Free

M&A Deal Summary
Date	June 2, 2021
Target	Vitari
Sector	Software
Buyer(s)	Exsitec
Deal Type	Add-on Acquisition
Deal Value	125M NOK

Target Company

Vitari

Hvalstad, Norway

Vitari provides consulting and consulting services such as analysis of business processes, software implementation, project management, support, and management of business systems within ERP, HRM, and CRM. In addition, Vitari develops integrations that enable the connection between pre-systems / industry solutions and ERP systems for smooth and automated data flow. Vitari was founded in 2002 and is based in Hvalstad, Norway.

Explore More Deals

Browse All 215,130 Deals

FILTER BY

Buyer Type (PE or Strategic)
Deal Size ($10M to $10B+)
Sector (60 Sectors)
Deal Type
Geography
& More

Search Free

Buyer Overview 1

Buyer

Exsitec

Linköping, Sweden

Category	Company
Founded	2000
Sector	Software
Employees	600
Revenue	811M SEK (2024)

DESCRIPTION

Exsitec is a provider of the business system software, including ERP, business intelligence and mobile solutions for medium-sized companies. Exsitec was established in 2000 and is based in Linköping, Sweden.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Software	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Norway	1 of 1
Year: 2021	1 of 1
Size (of disclosed)	1 of 1

Explore Related M&A Activity

Software M&A - Add-on Acquisition M&A Deals - Norway M&A - 2021 M&A