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Announced

Ferd to acquire Norkart.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private Equity

Norway

software developer

Private

Single Bidder

Software

Friendly

data compilation

Domestic

Majority

Pending

Synopsis

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Ferd, a holding company, agreed to acquire Norkart, a software developer. Financial terms were not disclosed. "Norkart is an important company that fits well with Ferd's strategy and vision. Norkart contributes to creating a better and more efficient society through digitization and increased use of data. We at Ferd look forward to contributing our expertise and capital to further develop this socially beneficial business," Morten Borge, Ferd CEO.

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