M&A Deal Summary

Vitec Acquires Datamann A/S

On July 1, 2015, Vitec acquired software company Datamann A/S for 44M DKK

Acquisition Highlights
  • This is Vitec’s 3rd transaction in the Software sector.
  • This is Vitec’s 0th largest (disclosed) transaction.
  • This is Vitec’s 2nd transaction in Denmark.

M&A Deal Summary
Date 2015-07-01
Target Datamann A/S
Sector Software
Buyer(s) Vitec
Deal Type Add-on Acquisition
Deal Value 44M DKK

Target

Datamann A/S

Soborg, Denmark
Datamann A/S is a provider of software for the danish car industry.

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Buyer(S) 1

Buyer

Vitec

Umeå, Sweden
Category Company
Founded 1985
Sector Software
Employees1,550
Revenue 2.8B SEK (2023)
DESCRIPTION

Vitec is a software company that offers industry specific business applications. Vitec was formed in 1985 and is based in Umeå, Sweden.

DEAL STATS #
Overall 4 of 8
Sector (Software) 3 of 6
Type (Add-on Acquisition) 4 of 8
Country (Denmark) 2 of 2
Year (2015) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-30 Aloc A/S

Odense, Denmark

Aloc A/S is a developer of enterprise resource planning software.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-02 Infoeasy AS

Bergen, Norway

Infoeasy AS is a developer of enterprise resource planning software.

Buy Nkr15M
Mergr

Product

Company

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