TM & Partners advised the shareholders of Boxnet AB.
The shareholders of Boxnet AB announced the sale of the company to the Nordic group Confirma Software.
Boxnet is a Stockholm-based company which develops web-based POS-systems for retail stores and chains. The systems allow the users to integrate the POS-system with store inventory, customer information and accounting through both hardware and software.
Confirma Software is established as a new Nordic platform that will focus on acquiring strong enterprise software companies with specialized offerings for SME customers in areas such as specialized point-of-sale solutions, mobile payments, specialized manufacturing, maintenance, construction and more. Confirma Software is backed by Abry Partners, a TMT focused private equity fund based in Boston, MA.
TM & Partners’ team consisted of Per Granström (Picture – partner), Johan Mörlin (associate), Tom Bovaller (associate) and Cecilia Bergman (senior associate).
Law Firms: Törngren Magnell;
Clients: Boxnet AB;