Daldata Sold to Swedish Equity Firm Procuritas
Via Venture Partners has sold Daldata AS, a leading provider of SaaS-based accounting software and related IT-solutions for Norwegian accountants and small businesses, to the Swedish private equity firm Procuritas.
Daldata is a leading provider of SaaS-based accounting software and related IT-solutions for Norwegian accountants and small businesses.
The company has made excellent progress under VIA’s three-year ownership period. Two subsidiaries have been divested, three acquisitions have been completed and EBITDA has almost doubled to NOK40m. In 2014, Daldata launched Duett, a modern cloud-based SaaS service.
The ambition is to continue to grow, with a focus on Duett and ASP/cloud services in the Norwegian market. Daldata has a strong position in the accounting industry in particular. The company has a turnover of nearly NOK80m from this industry and continues to take market shares, as a result of its focus on cloud services and close dialogue with customers.
Jakob Rybak-Andersen, partner at Via Venture Partners, says that VIA has been very pleased with the investment in Daldata. It has been a pleasure to work closely with the management and employees of Daldata. With their deep experience and understanding of the market and customers, they have really delivered.
The management is very pleased with the sale of Daldata, and Bjørnar Håkensmoen, CEO, says that the management is also very pleased with the good partnership with VIA. With its expertise, active ownership and financial strength, VIA has been a strong owner of Daldata.