M&A Deal Summary

StrongPoint Acquires CashGuard AB

On August 26, 2008, StrongPoint acquired information technology company CashGuard AB from Accent Equity

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

M&A Deal Summary

Date 2008-08-26
Target CashGuard AB
Sector Information Technology
Buyer(s) StrongPoint
Sellers(s) Accent Equity
Deal Type Add-on Acquisition

Target

CashGuard AB

Taby, Sweden
CashGuard AB is provider of IT services for closed cash handling and cash logistics to retail outlets, post offices, and banks.

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Buyer(S) 1

Buyer

StrongPoint

Oslo, Norway

Category Company
Founded 2000
Sector Software
Employees510
Revenue 1.3B NOK (2024)
DESCRIPTION

StrongPoint is a provider of software services to retail industry. StrongPoint was founded in 2000 and is based in Oslo, Norway.


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: 2008 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-18 StrongPoint - Cash Security Business

Raelingen, Norway

StrongPoint's Cash Security Business provides banking and retail customers with a fully end-to-end cash protection solution.

Sell -

Seller(S) 1

SELLER

Accent Equity

Stockholm, Sweden

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 1.0B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Accent Equity Partners is a middle-market private equity firm that targets buyout and expansion capital investments in Scandinavia. Accent Equity is sector agnostic and generally prefers acquiring controlling positions. Accent Equity was formed in 1994 and is based in Stockholm.


DEAL STATS #
Overall 8 of 42
Sector: Information Technology M&A 1 of 2
Type: Add-on Acquisition M&A Deals 6 of 23
Country: Sweden M&A 6 of 35
Year: 2008 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-05-07 Nordic Shelter Solutions

Finland

Nordic Shelter Solutions is a provider of comprehensive solutions for its customers’ covering, sheltering and warehousing needs.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-11-06 Bergteamet AB

SKELLEFTEÅ, Sweden

Bergteamet AB is a mining contractor with three divisions: mining & tunneling, focusing on mining, power generation and infrastructure projects; raiseboring, carrying out raise drilling at mines, power generation plants and civil infrastructure projects; exploration, supplying mining and exploration companies with surface and underground exploration drilling services.

Buy -