Delphi advised Exsitec on the deal.
Exsitec AB announced the acquisition of all shares in Spot on Solutions i Norden AB, also including the wholly-owned subsidiary Strategibyrån NOGA aktiebolag.
The purchase price amounts to a maximum of SEK 95 million and payment is partly made by a share issue in Exsitec Holding AB with payment by way of set off against part of purchase price.
Spot On is specialised in e-commerce and a market leader on the platform Litium.
Exsitec are specialists in business systems and digitalization driving businesses forward. The company helps customers find the right digital system support for their business in order to reach more efficient working days, superior customer experience and smarter data analytics. Exsitec has around 500 employees and the company’s share is listed on Nasdaq First North Growth Market.
The Delphi’s team consisted of Stefan Lindh (Picture), Pekka Frölander, Josefine Wir and Fanny Maxeby.
Law Firms: Delphi Advokatfirman;
Clients: Exsitec Holding AB;