Increasor Tech Invest AB (publ) announces that on 17 August it has completed the acquisition of all shares in an accounting firm. Access will take place on 1 September.
The business is immediately transferred to a new company that will operate under the company name Increasor Accounting AB. The purchase price was set at SEK 1 million, which will be paid to the sellers through a directed issue at a subscription price of SEK 10 per share. The new shares are covered by lock-up for the seller. At the time of the takeover, the agency has a turnover of approximately SEK 3 million with profitability.
Liisa Anttila, the Group’s Financial Controller, will be ultimately responsible for the new company in the Group.
The former head of operations for the accounting firm, Jan Trotter, comments on the deal: – “It feels very good to hand over what I have built up to such an innovative and forward-leaning organization as Increasor. It is my absolute conviction that Increasor will refine and streamline operations. The agency today has stable customers and loyal employees, a good foundation to build on! ”
Andreas Trouin, CEO of Increasor Tech Invest, comments on the acquisition: – “It is with great pleasure that we can state that our first acquisition has been completed and that our new employees in this are now installing themselves in our premises. Reliable accounting is something we have actively scouted throughout this year, but only now have we found the right fit. The reason why we have scouted accounting firms is that it is a vital part of the infrastructure that we are building for our incubator companies. I look forward with confidence to incorporating Increasor Accounting into our business. This is just the first step towards a whole new era for Increasor! ” concludes Trouin.
The sales target remains
Increasor’s sales target of SEK 70 million in 2021 and where approximately 70% will come from acquisitions and the remainder from the organic operations, remains unchanged.
Increasor is an expert in finding digital solutions for all needs. We want to be the leading company in tech investments in Scandinavia. Increasor focuses on simplicity and business intelligence rather than complex and expensive solutions. Technology should be about supporting and empowering people every day, not the other way around.