Via Equity has acquired PlusOffice AS
| Target Company Name |
PlusOffice AS |
|---|---|
| Target Country |
Norway |
| Description | PlusOffice is a Norwegian-based company offering software solutions for Internal Control, Time Registration, HSE, and HR. The company serves 2,100+ SMBs across a variety of sectors. |
| Global M&A Offices |
Saga Corporate Finance
(Global M&A Norway)
|
| Global M&A Advisory | Advisor to the seller |
| Further information | Saga Corporate Finance has assisted the owners of PlusOffice in compelling a sale to the Danish private equity firm VIA Equity. PlusOffice will be part of the newly formed Compliance Software Platform WeKomply. The co-founders and management team will continue as shareholders with a minority position in the company. PlusOffice has headquarters in Larvik and is a software platform for Internal Control, Time Registration, HSE, and HR tasks. They provide over 2,100 Norwegian SMBs with a centralized solution that streamlines complex daily processes and improves efficiency. Their solutions are tailored to match the requirements of individual clients and almost all features can be adapted to suit the specific workflow requirements of the respective industry. PlusOffice was founded in 2017 and has since 2019 experienced a yearly Annual recurring revenue (ARR) growth above 50%. VIA Equity will contribute to PlusOffice’s next growth phase and conduct initiatives outside the current business plan by implementing the company under the umbrella of the newly formed compliant software platform WeKomply. PlusOffice will join forces with eSmiley A/S, Mobaro, and Datakvalitet AS to create a compelling product offering within the Safety and Compliance space. For PlusOffice, this presents a great opportunity to elevate the business and support future growth by fostering cooperation and synergies with the various brands within WeKomply. |
