Norvestor-backed Cegal to merge with Credo Partners-backed SYSCO.

Norvestor-backed Cegal, a trusted partner delivering cloud solutions, software applications, and consultancy services, agreed to merge with Credo Partners-backed SYSCO, a tech company. Financial terms were not disclosed. "Cegal and SYSCO are two companies with a long history of working with modernization and digitalization for customers in this segment. As a joint company, our contribution is strenghtened immensely and we will be taking a huge step forward," Svein Torgersen, Cegal CEO.