Nordeca AS

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Nordeca AS - overview

Established

1990

Location

Lysaker, -, Norway

Primary Industry

Information Services

About

Based in Norway, Nordeca AS specializes in geographic information solutions, delivering advanced technology to enhance operational efficiency and data management across various sectors. Nordeca AS, founded in 1990 and headquartered in Lysaker, Norway, focuses on geographic information services. The company has undergone strategic changes to strengthen its market position. In January 2022, the firm was acquired by Visma Group Holding AS, which is looking to enhance software solutions specifically for the real estate sector.


The CEO, Paul Bogen, has been pivotal in guiding the company's direction. Nordeca AS provides a range of innovative products tailored to meet the needs of its clients in healthcare, finance, and retail sectors. Their advanced technology solutions include software applications that optimize workflows, enhance data management, and improve internal communication. These offerings cater to both small enterprises and large corporations, primarily in North America and Europe, addressing challenges related to data integration and process automation.


In the most recent fiscal year 2021, Nordeca AS reported a revenue of USD 2. 94 mn, with an EBITDA of USD 594,877. The company generates income through subscription-based models and direct service contracts, allowing clients to choose from tiered pricing structures for their software applications, which include ongoing updates and customer support. Following the acquisition by Visma Group Holding AS on January 10, 2022, Nordeca AS aims to enhance its focus on developing software solutions for the real estate sector in Norway.


This strategic move is expected to facilitate the launch of new products designed to address specific market needs. The company plans to leverage its recent acquisition to expand its presence within the region, with efforts directed towards innovation and market adaptation, ensuring its offerings remain relevant and effective.


Current Investors

Cinclus Equity Partners

Primary Industry

Information Services

Sub Industries

Offshore IT Services/IT Outsourcing, Search Engines, Information Services

Website

www.nordeca.com

Verticals

Cloud Computing, Mobile Apps, Real Estate Tech

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Nordeca AS - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedNordeca AS-
BuyoutCompletedNordeca AS-

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