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  5. Multiple Choice Företagsservice AB Acquires Prominent IT AB

M&A Deal Summary

Multiple Choice Företagsservice AB Acquires Prominent IT AB

On October 26, 2007, Multiple Choice Företagsservice AB acquired information technology company Prominent IT AB from Addnode Group

Acquisition Highlights
  • This is Multiple Choice Företagsservice AB’s 1st transaction in the Information Technology sector.
  • This is Multiple Choice Företagsservice AB’s 1st transaction in Sweden.

M&A Deal Summary
Date 2007-10-26
Target Prominent IT AB
Sector Information Technology
Buyer(s) Multiple Choice Företagsservice AB
Sellers(s) Addnode Group
Deal Type Divestiture

Target

Prominent IT AB

Malmo, Sweden
Prominent IT AB is a provider of an IT-solutions, outsourcing, maintenance and support. Through fixed monthly costs Prominent give their customers a control over IT-costs and higher security in complex IT infrastructures.

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Buyer(S) 1

Buyer

Multiple Choice Företagsservice AB

Saltsjobaden, Sweden
Category Company
Sector Information Technology
DESCRIPTION

Multiple Choice Företagsservice AB is a provider of IT services in Sweden.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2007 M&A 1 of 1

Seller(S) 1

SELLER

Addnode Group

Stockholm, Sweden
Category Company
Founded 1987
Sector Engineering
Employees2,710
Revenue 7.8B SEK (2024)
DESCRIPTION

Addnode Group provides design, engineering, and product lifecycle management solutions primarily in the Nordic Region. Addnode Group was founded in 1987 and is headquartered in Stockholm, Sweden.

DEAL STATS #
Overall 3 of 5
Sector: Information Technology M&A 2 of 4
Type: Divestiture M&A Deals 3 of 5
Country: Sweden M&A 3 of 5
Year: 2007 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-02 TechniaTranscat

Karlsruhe, Germany

TechniaTranscat GmbH is a developer of software deployment and use of innovative IT solutions for virtual product development.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-20 DF Kompetens AB

Stockholm, Sweden

DF Kompetens AB is a provider of IT-related solutions to public and private sectors.

Sell -
Mergr

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