24SevenOffice Group AB acquires INNOMATE A/S. 24SevenOffice, listed on the Swedish Spotlight Stock Market, is a leading web-based ERP-system provider with solutions for Financials, Accounting, Payroll, CRM, Project Management, and Invoicing. 24SevenOffice with HQ in Oslo, and offices in Sweden and the UK, is serving 67 000 customers. INNOMATE A/S, estab. in 1992, is a successful niche player in the Danish software market, and provider of cloud-based HR-solutions to public and private customers. The acquisition will act as a strategic spearhead for 24SevenOffice into the Danish market, and will increase and strengthen the existing product offering.
Read more in Media. LNP Corporate Finance advised the Seller.