Norwegian Mercell have announced that they have acquired Aksess Innkjøp, a provider of procurement systems for public buyers in Norway.
The Oslo-based Mercell provides software for electronic submission of public tenders and is happy with their acquisition.
"Mercell has for a long time considered what position we should take in the post-award market (order-to-pay). We now have the pleasure of announcing the acquisition of Aksess Innkjøp, which will be integrated into the Mercell Group," says Terje Wibe, CEO of Mercell Group.
Financial details of the acquisition were not disclosed.
Aksess Innkjøp, based in Bodø and led by Rolf Inge Sleipnes, provides a cloud-based solution for the public sector and their vendors, digitising the procurement process from announcement to purchase.
Its solution is used by 23 municipalities and 14 government agencies in the Norwegian market.
The company was owned by KapNord Fund, which controlled 70 percent of the equity.
Mercell was founded back in 1999 and is led by CEO Terje Wibe.
The company currently employs 200 people represented in 9 countries with headquarters in Oslo, Norway. 40 000 suppliers and buyers across Northern Europe use its system on a daily basis.
Mercell's biggest owner is Viking Venture, which holds approximately 30 percent of its shares.
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