Vitec Software Group

Vitec Energy is a segment of Vitec Software Group AB, which specializes in developing vertical market software across various industries in the Nordic region and internationally. The Energy segment focuses on providing advanced forecasting systems for electricity traders, as well as calculation and mapping tools for owners of electricity and district heating grids. Vitec Software Group, founded in 1985 and headquartered in Umeå, Sweden, operates in multiple sectors, including automotive, real estate, finance, insurance, environment, estate agents, and education and health. The company is recognized as a market leader in vertical market software in the Nordic region, leveraging acquisitions of established firms to enhance its offerings. Vitec's commitment to continuous improvement is supported by its employees' deep understanding of local markets, enabling the development of tailored software solutions that meet specific industry needs.

Lars Stenlund

CEO

32 past transactions

Nordman

Acquisition in 2021
Developer of CRM software intended to serve FMCG, pharmacy, food services and construction, primarily in the Nordic region. The company's platform provides sales support for sales agents and enables sellers to plan and manage, store visits, orders, marketing activities, product information, and presentations, thereby enabling users to have everything in place, without an internet connection.

Travelize

Acquisition in 2021
Travelize is a company that offers a comprehensive enterprise management system tailored for small and medium-sized travel agencies, primarily in Scandinavia. Founded in 2001 by Anders Johansson, who also serves as CEO, the company is headquartered in Gothenburg and Katrineholm. Travelize's web-based software integrates functions such as real-time reservations, booking systems, web publishing, and accounting, facilitating efficient travel management and enhancing customer service. With approximately 300 customers predominantly in Sweden, Denmark, and Norway, Travelize focuses on providing user-friendly solutions that cater to the specific needs of the travel industry. The company has demonstrated profitability and aligns well with the Nordic corporate culture. Travelize International AB also includes the subsidiary Åbergs DataSystem I Katrineholm Aktiebolag, which has been part of the organization since 2019.

Unikum Datasystem

Acquisition in 2021
Unikum provides the software Pyramid Business Studio, a complete business and enterprise system for small and medium-sized businesses. The product enables for example project management, accounting, customer care and e-commerce.

Appva

Acquisition in 2020
Appva is a software developer based in Gothenburg, Sweden, focused on enhancing the efficiency and quality of care activities within the healthcare sector. The company specializes in a Medication and Care Support System that provides a mobile and digital signature application for medication tracking in municipal care settings. This system allows care personnel to use tablets, smartphones, or computers to input and document medications administered to patients. By offering various record-keeping features, Appva ensures a secure and reliable method for documenting care procedures, ultimately contributing to improved patient safety and care quality.

LJ System

Acquisition in 2020
LJ System AB develops an application for managing church and school administration. The company was founded in 1980 and is based in Lund, Sweden. As of April 22, 2020, LJ System AB operates as a subsidiary of Vitec Software Group AB (publ).

ALMA Consulting

Acquisition in 2020
ALMA Consulting Oy develops, markets, delivers and maintains ALMA® engineering and knowledge and maintenance management systems and related services for creating and managing the technical data regarding to production lines, engineering, maintenance of technical data and events’ information. ALMA® is a totally integrated engineering and knowledge management system for both developing and maintaining: it covers the whole life-cycle of the plant. It enables enterprises to streamline, standardize and plan their processes, manage their projects and documents, perform maintenance and troubleshooting actions wirelessly in real time, and link their knowledge management solution to other systems.

Visiolink

Acquisition in 2020
Visiolink is a developer of online publishing software tailored for the media industry. Its platform enables clients to share knowledge through digital publishing, offering a suite of features that includes advertising solutions, quality assurance, data analysis, and client-specific user surveys. The software is accessible on both Android and desktop platforms, allowing users to optimize their business operations and gain insights from their traffic data.

Odin Systemer

Acquisition in 2019
Odin Systemer AS is an information technology company based in Bergen, Norway, specializing in developing and delivering solutions for hairdressing and wellness businesses. Founded in 2001, the company offers a range of services, including store data management and online administrative tools, to enhance the operational efficiency of its clients. In 2019, Odin Systemer became a subsidiary of Vitec Software Group AB.
Web Insurance Management Systems is a software company focused on the insurance industry. WIMS offers a software solution that coordinates insurance products to enhance competitiveness and targeting

Avoine

Acquisition in 2019
Avoine Oy is a Finnish company specializing in the development of vertical software tailored for sports associations and trade unions. Founded in 2004 and headquartered in Helsinki, Avoine offers a range of electronic services, including membership registers, event management, and website solutions, which cater to the specific needs of over 200 federations and 5,000 associations. These services facilitate connections with more than 2.6 million members, enhancing organizational development and member engagement. As a subsidiary of Vitec Software Group AB, Avoine focuses on providing comprehensive Software as a Service solutions that empower organizations to create an effective online service suite for their employees and users.

Smart Visitor System

Acquisition in 2018
Smart Visitor System designs and develops a software for ticket sales, visitor experience analysis, and sales planning.

Cito IT

Acquisition in 2018
Cito IT is a Danish IT supplier specializing in software solutions for pharmacies. With over 26 years of experience, the company has developed the C2 system, a second-generation software platform tailored to meet the specific needs of Danish pharmacists. This platform operates on Windows workplaces and utilizes the pharmacy's own Windows server, ensuring high operational stability and speed. Cito IT's system is distinguished by its unique functionalities, which are not commonly found in competing products. In 2006, Cito's customers formed Cito Holding A/S, acquiring a majority stake in Bo Soft A/S to enhance pharmacists' influence over their IT systems. The company remains committed to continuously optimizing processes and systems for pharmacies, addressing the evolving demands of the industry.

Vitec Cito

Acquisition in 2018
Vitec Cito develops software solutions for pharmacies.

Agrando

Acquisition in 2018
Agrando AS, based in Sandnes, Norway, specializes in software solutions tailored for religious organizations. Founded in 1994, the company focuses on developing tools that assist church councils in work planning and resource allocation. Its software provides a comprehensive and user-friendly platform for scheduling work hours based on job size and position type. Additionally, it enables church employees to efficiently manage daily activities by facilitating the registration of church actions and generating certificates and reports related to significant events such as baptisms, confirmations, marriages, and funerals. Agrando AS operates as a subsidiary of Vitec Software Group AB.

PP7 Affärssystem

Acquisition in 2018
PP7 Affärssystem has specialized in developing business systems for niche project companies for approximately 20 years. Its software platform is designed for enterprise resource planning, aimed at enhancing the information flow across various business functions within organizations. By providing tailored solutions for builders, installers, consultants, service companies, and one-piece manufacturers, PP7 enables these businesses to reduce administrative time and improve overall productivity.

MV-Nordic

Acquisition in 2017
MV-Nordic specializes in developing digital literacy tools tailored for the education sector. Its flagship product, IntoWords, is designed to assist users with reading and writing by providing text-to-speech capabilities and word prediction technology. This tool can access and read texts from various online sources, PDF files, and text programs, making it versatile across different platforms, including Macs, PCs, Android devices, Chromebooks, and iPads. By integrating with popular applications such as Google Apps and Office 365, MV-Nordic's solutions aim to enhance learning experiences and promote better communication, enabling users to focus on their educational potential.

Plania

Acquisition in 2016
Plania AS, based in Stavanger, Norway, specializes in designing and developing software solutions tailored for real estate administration, facility management, and property maintenance. Founded in 1986, the company offers modular and customized management, operation, and maintenance (MOM) solutions to a diverse clientele, encompassing both small and large organizations across various sectors. Its comprehensive FDVU system provides users with an efficient overview of activities, projects, finances, energy consumption, and maintenance agreements, among other functionalities. Additionally, Plania integrates smart solutions, including digital fire management systems and mobile applications, enhancing user accessibility and operational efficiency. With a commitment to developing its own systems, Plania stands out in the industry, leveraging its expertise and experience. As a market leader in Norway, the company serves over 8,000 users across ten countries, demonstrating its significant presence and impact in the software solutions market.

FuturSoft Oy

Acquisition in 2016
FuturSoft Ltd is the automobile and information technology in the field of technical specialized Finnish software manufacturer. The most important customer groups are the spare parts dealers, repair shops and machine shops. Our software allows us to create added value and repairers, the business between their parts suppliers.

Tietomitta Oy

Acquisition in 2016
Tietomitta Oy is a software company whose product is an industry-specific software for supporting waste-management in Finland.
NICE Norwegian Insurance Computer Environment AS develops, implements, and operates SaaS/ASP based application software for insurance companies and associated organizations worldwide. The company’s e-Insurance system enables insurance companies to distribute their insurance products through the Internet. Its application focuses on various personal and commercial lines for non-life and risk-based life insurance products. The company was founded in 1987 and is based in Sandvika, Norway.

Infoeasy

Acquisition in 2015
Infoeasy AS, founded in 2000 and based in Bergen, Norway, specializes in developing Enterprise Resource Planning (ERP) software. As a subsidiary of Vitec Software Group AB since July 2015, Infoeasy offers a modular ERP solution known as info easyHotel, which focuses on functionality and user experience. This system is designed to cater to both small businesses and larger organizations with complex structures, enabling them to optimize financial management and implement business strategies efficiently. The software has been continuously developed over a 30-year period in collaboration with users, ensuring that it remains adaptable to evolving industry needs. Infoeasy's commitment to accessibility and customer relationships fosters a dynamic environment that supports ongoing innovation and responsiveness to market changes.

Datamann

Acquisition in 2015
Datamann A/S is a company based in Soborg, Denmark, that specializes in the development of computer software and hardware products. Founded in 1976, the company has a long history in the technology sector. Datamann A/S also offers programming services, contributing to its diverse portfolio in the software development arena. As of July 2015, the company operates as a subsidiary of Vitec Software Group AB.

Adservice Scandinavia

Acquisition in 2015
Adservice Scandinavia designs and develops publishing software.

Fox Publish

Acquisition in 2015
Fox Publish AS specializes in the development of publishing and marketing software tailored specifically for the real estate sector. Operating primarily in Norway and Sweden, the company offers a range of marketing tools designed to support real estate agents in their business activities. By providing innovative software solutions, Fox Publish enhances the marketing capabilities of realtors, allowing them to effectively promote properties and streamline their operations.

Vitec Aloc

Acquisition in 2014
Vitec Aloc A/S provides consultancy, analysis, integration, implementation, and hosting services for financial market.

AutoData Norge

Acquisition in 2014
AutoData Norge provides hosted and managed IT solutions to importers, wholesalers and retailers of automotive spare parts and supplies.

AcuVitec

Acquisition in 2014
AcuVitec offers Software-as-a-Service based patient information management system for the healthcare industry.

Acute FDS

Acquisition in 2013
Acute Patient Information System is designed to facilitate the daily work of health care professionals. Acute responsible for software development, version updates, data security, customer support and server mode. The user interface is available in Finnish, Swedish and English. The system is available additional modules and interfaces between the various systems effectively SaaS ASP application .

Midas Data

Acquisition in 2012
Midas Data develops software for real estate agents.

IT-Makeriet

Acquisition in 2011
IT-Makeriet is a software company.

Vitec Capitex

Acquisition in 2010
Vitec Capitex offers software for financial advisors in real estate, finance and insurance.

Svensk Fastighetsdata

Acquisition in 2007
Svensk Fastighetsdata develops software solutions for the property management sector.
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