Neptune Software AS is a Norway-based software developer which streamlines app development platform and optimize business processes and user interfaces.
Standout Capital, a Sweden-based private equity firm, has acquired a 31% stake in Neptune Software AS, a Norway-based software developer which streamlines app development platform and optimize business processes and user interfaces, for a consideration of EUR 7.5m.
The transaction is in line with Neptune strategy to strengthen its position in the market and expand its footprints globally and accelerate beyond SAP. In 2017, Neptune reported revenues of NOK 30.8m (EUR 3.13 m).
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