Acquiring and building Nordic software companies
Nordtech is a home for great product companies. We offer entrepreneurs a fair, smooth exit opportunity, while preserving the company’s product, team, and culture by encouraging their operational independence.
Our philosophy
Great products with happy customers are at the core of everything we do. We believe this is best achieved through talented management, happy employees, and a strong company culture. Our background as software entrepreneurs and investors has taught us the importance of active and supportive ownership. This view combined with independent management teams, we believe creates the foundation upon which to build great software companies.
Our businesses
Why sell to us?
Nordtech
- Full or partial exit
- 1-2 month process
- Pragmatic due diligence
- Acquire to hold
- Preserving team and culture
Private Equity
- Full or partial exit
- 3-6 month process
- Onerous due diligence
- Acquire with exit horizon
- Aiming to change culture
Venture Capital
- High valuation
- 3-6 month process
- Onerous due diligence
- No cash to founders
- Shares risk being worth nothing
We buy businesses with:
Strong product offering
Software with happy B2B customers
Profitable
Sustainable over time
Recurring revenue
Mainly subscription revenue that reoccurs annually
Market potential
Addressable market enabling growth
Good team
Talented people with a positive attitude
Ethical outlook
Clear compass without grey zones
The businesses we buy typically look like this:
Growing and profitable
You have successfully managed to grow your business with both profitability and happy customers and employees. The business generates somewhere between 15-100 MSEK in revenue and you are contemplating what the next step should be: letting somebody else take over the business – or embarking on the next journey together.
Owned by founder(s)
You have been part of the journey from the start and have seen the business develop from an idea to an established organization delivering critical customer services to businesses in the Nordics. Potentially, there are different views among owners on the optimal way forward: untie capital for other dreams and goals, operate the business with minimum investments, or launch the next big strategic initiative.
Product potential
You have significant expertise in your specific field and have managed to develop a strong and appreciated product over time. But at the same time feel that there are many potential additional customers that would truly appreciate and see business benefits from what you offer.
Our process - valuation within 48 hours
We start with...
Introduction and Offer
An introductory meeting where we get to know the business, if the interest is mutual Nordtech submit an offer within 48 hours
... and then…
Due diligence
Pragmatic process for 3-4 weeks together with the entrepreneur(s) and management team
...and finally
Signing and closing
Deal where the entrepreneur(s) receive a cash payment and either continue the journey together with Nordtech or leaves the business
Founders
Pål Hodann
Nils Bergman
Send us a lead?
Do you know someone or know about a business we should get in contact with? We offer a finders fee for new leads that result in a deal.