Announced
Completed
Financials
Sources
Tags
vertical software
information services company
Sweden
Acquisition
Private
Friendly
Software
Cross Border
Majority
Private Equity
Completed
Single Bidder
Synopsis
Axcel, a Nordic private equity firm, completed the acquisition of Progrits, a Swedish-based vertical software company. Financial terms were not disclosed. “We’re excited to partner with Axcel, which has a proven track record of accelerating growth in companies like ours and deep expertise within the tech sector. We’ll continue to expand the company, both in Sweden and internationally, and build a strong group together,” Björn Ekström, Progrits CEO.
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