Add-on Acquisition • Software

Freedom Group Acquires Bfree

On January 1, 2022, Freedom Group acquired software company Bfree

Acquisition Context
  • This is Freedom Group’s 1st transaction in the Software sector.
  • This is Freedom Group’s 1st transaction in Sweden.

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M&A Deal Summary

Date January 1, 2022
Target Bfree
Sector Software
Buyer(s) Freedom Group
Deal Type Add-on Acquisition

Target Company

Bfree

Nacka , Sweden
Bfree was started to digitize accounting services so that the accounting consultants could have more time to support their clients to grow in a better way. Bfree was founded in 2011 and is based in Nacka, Sweden.
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Buyer Overview 1

Buyer

Freedom Group

Stockholm, Sweden

Category Company
Founded 2021
Sector Business Services
DESCRIPTION

Freedom Group is an accounting group in Sweden, with a vision to help entrepreneurs grow. By having efficient and digitized processes, Freedom can spend time where it matters most for its clients, being there and providing advice to help them develop their businesses. Freedom Group was formed in 2021 and is based in Stockholm, Sweden.


Deal Context for Buyer #
Overall 1 of 10
Sector: Software 1 of 1
Type: Add-on Acquisition 1 of 10
Country: Sweden 1 of 10
Year: 2022 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-19 Lots Ekonomi

Borås, Sweden

Lots Ekonomi offers accounting, payroll and related financial and administrative services to small and medium-sized companies. Lots Ekonomi was formed in 2012 and is based in Borås, Sweden.

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