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Add-on Acquisition • Software

Vitec Acquires Infoeasy AS

On July 2, 2015, Vitec acquired software company Infoeasy AS for 15M NOK

Acquisition Context
  • This is Vitec’s 4th transaction in the Software sector.
  • This is Vitec’s 2nd largest (disclosed) transaction.
  • This is Vitec’s 2nd transaction in Norway.

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M&A Deal Summary
Date July 2, 2015
Target Infoeasy AS
Sector Software
Buyer(s) Vitec
Deal Type Add-on Acquisition
Deal Value 15M NOK

Target Company

Infoeasy AS

Bergen, Norway
Infoeasy AS is a developer of enterprise resource planning software.
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Buyer Overview 1

Buyer

Vitec

Umeå, Sweden
Category Company
Founded 1985
Sector Software
Employees1,660
Revenue 3.3B SEK (2024)
DESCRIPTION

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

Deal Context for Buyer #
Overall 5 of 8
Sector: Software 4 of 6
Type: Add-on Acquisition 5 of 8
Country: Norway 2 of 3
Year: 2015 2 of 3
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-01 Datamann A/S

Soborg, Denmark

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

Buy kr.44M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-07 Nice AS

Sandvika, Norway

Nice AS is a development, implementation and operation of fully-integrated application software for insurance companies and associated organisations.

Buy Nkr25M

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