ATRIUM Partners acted a s financial advisor to TimeMap, a Danish cloud-native software company that offers Workforce Management solutions (time & attendance, shift planning, payroll calculation etc.) across customer verticals such as production, manufacturing, and professional services, to TimePlan Software, backed by MAIN Capital Parters.
TimePlan is a leading Workforce Management software provider in the Nordics. The company has offices in Denmark, Norway, and Finland and serves +650 customers across Europe.
The acquisition of TimeMap will allow TimePlan to expand into new verticals while further solidifying TimePlan’s leading position in the Danish market. The combined group will serve more than 1,000 customers throughout Europe with a strong foothold in the Nordics, a region with some of the world’s most complex labor legislation.