Nordhaven advised Confirma Software, backed by Abry Partners, in the acquisition of Compilo AS

22 aug 2019

Nordhaven acted as exclusive financial advisor to Confirma Software, backed by Abry Partners, in the acquisition of Compilo AS. Compilo AS is a provider of quality management solutions for the municipal sector.

“The acquisition of Compilo significantly strengthens our presence in the public sector vertical. With this acquisition, we now serve more than 330 Nordic municipalities with critical management systems. We look forward to supporting the Compilo management team in expanding their presence across the Nordic market, and to introduce our existing public sector solutions to the Compilo customers”, says CEO Jarle Mørk of Confirma Software.

With the acquisition of Compilo, Confirma Software will have 2019 revenue of more than 18 MEUR and 132 employees.

Compilo AS is a provider of quality management solutions for the municipal sector. The systems support the implementation and review of required procedures and processes in operating a municipality. In using Compilo´s solutions, the municipalities are compliant with laws and regulations. The systems are currently supporting the operation of more than 220 municipalities.

Confirma Software is a provider of vertical enterprise software solutions across the Nordics. The subsidiaries continue independent operations under current management. Confirma Software will drive value generation through sharing of best practices and resources across the target companies. The company is headquartered in Stockholm. The majority investor in Confirma Software is Abry Partners.

Abry Partners is one of the most experienced and successful sector-focused private equity investment firms in North America. Since their founding in 1989, the firm has completed over $80 billion of leveraged transactions and other private equity or preferred equity placements. Currently, the firm manages over $5.0 billion of capital across their active funds.

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