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  5. Generate Group Acquires Cloud Enablers

M&A Deal Summary

Generate Group Acquires Cloud Enablers

On March 1, 2024, Generate Group acquired information technology company Cloud Enablers

Acquisition Highlights
  • This is Generate Group’s 1st transaction in the Information Technology sector.
  • This is Generate Group’s 1st transaction in Sweden.

M&A Deal Summary
Date 2024-03-01
Target Cloud Enablers
Sector Information Technology
Buyer(s) Generate Group
Deal Type Add-on Acquisition
Advisor(s) IMAP (Financial)

Target

Cloud Enablers

Gothenburg, Sweden
Cloud Enablers provides cloud services, within software development, architecture, analytics, and product development - but also project management in digital transformation. Cloud Enablers was formed in 2014 and is based in Gothenburg, Sweden.

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Buyer(S) 1

Buyer

Generate Group

Stockholm, Sweden
Category Company
Founded 2023
Sector Software
DESCRIPTION

Generate Group provides software development services and associated High-end IT services in the Nordics and Northern Europe. Generate group focuses on creating a profitable, stable, and business-critical business for the customers by bringing together the absolute best developers/consultants in High end IT. Generate Group was formed in 2023 and is headquartered in Stockholm, Sweden.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2024 M&A 1 of 1
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