Generate Group AB has acquired 100% of Spinner Labs AS, a bespoke consulting service provider in high-end software development, to enhance its market presence and service offerings in the Nordic region.

Information on the Target

Spinner Labs AS, located in Tønsberg, Norway, specializes in providing bespoke consulting services in high-end software and system development. The company caters to a diverse clientele, offering tailored solutions that meet the unique needs of both national and international customers.

With a strong emphasis on quality and innovation, Spinner Labs has established itself as a prominent player in the software development sector. Their expertise in delivering complex software solutions makes them an attractive acquisition for companies looking to enhance their service offerings.

Industry Overview in Norway

The IT and software development industry in Norway has experienced robust growth in recent years, driven by increasing demand for digital transformation across va

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Generate Group AB

invested in

Spinner Labs AS

in 2024

in a Other deal

Disclosed details

Revenue: $33M

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