Announced
Completed
Financials
Sources
Tags
saas
Software
Acquisition
Majority
Completed
Friendly
Denmark
Cross Border
Private
Private Equity
Single Bidder
Synopsis
Hg-backed F24 Nordics, a software-as-a-Service provider for business messaging, emergency notification as well as incident and crisis management in Europe, completed the acquisition of Blue Idea, a regional SaaS provider for service notification, from Vækstpartner Kapital, a a private equity fund. Financial terms were not disclosed. "We as F24 group continue our growth path consequently. Besides FramWeb, who joined in early 2023, Blue Idea is the next acquisition this year in the Nordics region. With this step F24 becomes a key player in Service Notification in the Nordics. Furthermore, this contributes significantly to establish F24 as leading comprehensive resilience provider in Europe and it shows again clearly our holistic approach in the area of resilience," Jörg Rahmer, F24 Spokesperson.
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