Nordhaven advised Abry Partners on the acquisitions of three Finnish enterprise software companies

4 june 2019

Nordhaven acted as financial advisor to Abry Partners, a US-based information and business services focused private equity fund, on the acquisition of DL Software and Cash-in Consulting in Vaasa as well as Computer Program Unit (CPU) in Joensuu. Abry together with the management of the acquired companies have founded Confirma Software AB, a new Nordic platform focusing on acquiring strong enterprise software companies with specialized offerings for SME customers in the Nordic countries.

Nordhaven’s contacts and knowledge of the Nordic software sector has been instrumental for us in realizing this investment. Moreover, the team’s support in the execution of the initial acquisitions was of the highest quality” says Rob Nicewicz of Abry Partners.

It has been a privilege for us to work with Abry Partners. We have contacted a large number of Nordic vertical software companies and many of them have become excited about the new platform. We are looking forward to working with Abry and Confirma in additional acquisitions” comments Juha Raunio, Managing Partner of Nordhaven Helsinki.

Jarle Mørk, formerly a partner at Nordhaven Oslo, has been appointed as CEO of Confirma Software.

We are convinced that Jarle will be very successful in his new position. Our co-operation will continue but now as a client-advisor relationship” says Anders Strand, Managing Partner at Nordhaven Oslo.

 

For further information, please contact:

Juha Raunio, +358 40 570 5260, juha.raunio@nordhaven.com

Anders Strand, +47 901 38 823, anders.strand@nordhaven.com

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