M&A Deal Summary

Industri-Matematik Acquires Softlogs

On August 15, 2024, Industri-Matematik acquired software company Softlogs

Acquisition Highlights
  • This is Industri-Matematik’s 1st transaction in the Software sector.
  • This is Industri-Matematik’s 2nd transaction in Norway.

M&A Deal Summary
Date 2024-08-15
Target Softlogs
Sector Software
Buyer(s) Industri-Matematik
Deal Type Add-on Acquisition

Target

Softlogs

Gamle Fredrikstad, Norway
Softlogs is an automated freight rate management that offers advanced solutions in transport economy management and freight cost control. Their system simplifies freight management by providing automated solutions for cost control, financial freight analysis, and freight cost allocation. With customers like Elektroskandia, Ellos, Heidenreich, and Tools, Softlogs helps companies gain full oversight and control over all freight-related elements, leading to increased efficiency and cost savings. Softlogs is based in Gamle Fredrikstad, Norway.

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Buyer(S) 1

Buyer

Industri-Matematik

Linkoping, Sweden
Category Company
Founded 1967
Sector Software
Employees423
Revenue 22M USD (2003)
DESCRIPTION

Industri-Matematik is a provider of supply chain software solutions for the retail value chain. IMI focuses on performance-driven customer fulfillment using sophisticated analytic applications that provide a granular view of critical data for real-time, complex decision-making. Industri-Matematik was founded in 1967 and is based in Linkoping, Sweden.

DEAL STATS #
Overall 3 of 3
Sector (Software) 1 of 1
Type (Add-on Acquisition) 3 of 3
Country (Norway) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-04 Millbyte Solutions

Norrkoping, Sweden

Millbyte Solutions is a software and logistics company developing and delivering innovative supply chain fulfillment technology with the powerful combination of logistics and science. Millbyte Solutions was founded in 2011 and is based in Norrkoping, Sweden.

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