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Announced

Standout Capital to acquire a 60% stake in Inspirit365 for €53m.

Synopsis

Standout Capital, a growth-oriented private equity firm, agreed to acquire a 60% stake in Inspirit365, a company providing digital transformation using Microsoft technology, for €53m. “We welcome Standout Capital as a partner to Inspirit365. Inspirit has in three years grown from 0 to 100 employees and become the leading Microsoft Dynamics player in Norway. We will continue to build upon what has made Inspirit365 so successful to date. We believe that Standout through its experience in supporting management teams building high-growth, profitable companies combined with experience from ownership in Microsoft focussed companies such as Engage and Redeploy make them an excellent partner for Inspirit365 in the years to come. With the additional backing we are now in a position to accelerate our ambitions without compromising on the quality of operations and our cultural values based on transparency, curiosity and loyalty,” Morten Sælemyr, Inspirit365 CEO.

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