Generate Group AB has acquired 100% of the shares in Kraftlauget AS, a Bergen-based software consultancy, to enhance its service offerings and market position in the Nordic software development sector.

Target Information

Kraftlauget AS, based in Bergen, Norway, specializes in providing consultancy services in software development, system development, and design. The company offers its expertise primarily in its local market and the surrounding regions, establishing a strong reputation within the software consulting sector.

As a significant player within its niche, Kraftlauget has focused on delivering high-quality solutions tailored to the needs of its diverse clientele. This dedication to excellence has allowed Kraftlauget to carve out a unique position in a competitive landscape.

Industry Overview

The software and system development industry in Norway has experienced robust growth, driven by the increasing demand for digital transformation across various sectors. Companies

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Generate Group AB

invested in

Kraftlauget AS

in 2024

in a Other deal

Disclosed details

Revenue: $24M

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