M&A Deal Summary

Fortnox Acquires Offerta

On March 11, 2021, Fortnox acquired internet software and services company Offerta from Alfvén & Didrikson

Acquisition Highlights
  • This is Fortnox’s 1st transaction in the Internet Software and Services sector.
  • This is Fortnox’s 1st transaction in Sweden.

M&A Deal Summary

Date 2021-03-11
Target Offerta
Sector Internet Software and Services
Buyer(s) Fortnox
Sellers(s) Alfvén & Didrikson
Deal Type Add-on Acquisition

Target

Offerta

Stockholm, Sweden
Offerta is a Swedish online marketplace for buying and selling services. The company was founded in 2008 and is based in Stockholm, Sweden.

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Buyer(S) 1

Buyer

Fortnox

Vaxjo, Sweden

Category Company
Founded 1993
Sector Internet Software and Services
Employees889
Revenue 2.0B SEK (2024)
DESCRIPTION

Fortnox is a provider of Internet-based programs for companies, associations, and accounting and auditing firms. The business side is to offer a wide range of internet-based programs that are easy to learn and use, but which are still powerful and functional to meet most needs and desires. Fortnox was incorporated in 1993 and is based in Vaxjo, Sweden.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2021 M&A 1 of 1

Seller(S) 1

DESCRIPTION

Alfvén & Didrikson is a growth-stage investment firm focused on small to mid-sized company investments in Northern Europe. The Firm will consider minority or majority positions and seeks situations where the team can add significant value. Alfvén & Didrikson was formed in 2010 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 9 of 11
Sector: Internet Software and Services M&A 4 of 5
Type: Add-on Acquisition M&A Deals 5 of 6
Country: Sweden M&A 8 of 10
Year: 2021 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-31 Glue Home

Halmstad, Sweden

Glue Home is a manufacturer of smart locks and offers a mobile application for unlocking Glue locks. Glue Home is based in Halmstad, Sweden.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-15 Kognity

Stockholm, Sweden

Kognity is a digital learning and publishing platform that provides intelligent textbooks to schools in over 100 countries on 5 continents, allowing students to learn things faster and more effectively, and teachers to help students reach their goals. Kognity was founded in 2015 and is based in Stockholm, Sweden.

Buy -