Norvestor acquires stake in Aptilo

The purchase price for 100% of the shares in Aptilo was SEK 104.5m before transaction fees. The CEO and management team of Aptilo will retain approximately 10% of the shares in the company.

Stockholm-based Aptilo was founded in 2001 and is a leading supplier of software solutions for wireless service management and policy control. Over the last four years, the company has generated an organic annual growth rate in excess of 25%.

Norvestor will also fund Aptilo's acquisition of ServiceFactory AB on a 100% basis with SEK 26m.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Viktor Lundvall on +44 20 7004 7476 or viktor.lundvall@incisivemedia.com

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