Amplio Private Equity, through the fund Segulah V, has entered into an agreement to divest Multisoft to SEB Nordic Direct III. Founded in 2000, Multisoft delivers business process systems, leveraging its proprietary low-code software platform Softadmin® to develop customised and pre-configured enterprise applications with a focus on automation.
Segulah V acquired a majority stake in Multisoft in January 2021, with its two co-founders reinvesting for a significant minority stake. Together with its founders and management team, Multisoft has delivered strong revenue and profit growth driven by accelerated investments and the addition of AI capabilities to the Softadmin® platform, the verticalisation and standardisation of its offering, and increased investments in sales and marketing. In addition, three complementary strategic acquisitions have been completed, including a market entry into Norway.
KANTER advised Amplio Private Equity on the transaction.