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Hawk Infinity Software AS, a leading Nordic niche cloud software group, has successfully completed a NOK 500 million tap issue in its outstanding senior secured bonds with maturity 15 July 2030. The net proceeds from the bond issue will be used to finance acquisitions. The highly successful transaction, marking the eleventh bond transaction (including tap issues) by Hawk Infinity Software since 2021, received strong interest from high-quality investors across the Nordics and internationally.

On 18 August 2025, Formpipe Software AB (“Formpipe”) announced the sale of its Public Sector business area to STG for a total consideration of up to SEK 850 million. Formpipe Public is a leading provider of case and document management software catering to the public sector in Sweden and Denmark. The business area had revenues of SEK 306 million and cash EBITDA of SEK 46 million in 2024. Following the transaction, Formpipe will focus entirely on its retained Lasernet business area.

ABGSC acted as Exclusive Financial Advisor to Formpipe Software AB and its shareholders.

Katjes International GmbH & Co. KG (the “Company” or “Katjes International”), a diversified group with focus on Branded Consumer Goods in Western Europe, has successfully issued subsequent senior unsecured bonds of EUR 70 million within its existing bond framework of EUR 200 million. Net proceeds from the bond issue will be primarily used to finance the acquisition of a 60% stake in BOGNER, a global luxury sports fashion brand.

The tap issue received exceptional demand from high quality international investors enabling the transaction to price well-above par. Following the tap issue, total outstanding bonds of Katjes International will amount to EUR 185 million.

On Thursday, 31 July 2025, 100% of the shares in Telemark Kildevann (“TKV”) were sold to Refresco, a global independent beverage solutions provider offering both private label production and contract manufacturing for branded beverage companies. Refresco is majority-owned by KKR and is headquartered in the Netherlands.

Since its inception in 1998, TKV has grown into one of Scandinavia’s leading companies in private label production and contract packing for both national and international brands.

On Tuesday, 5 August 2025, ECIT announced the acquisition of TietoAkseli, a well-established Finnish advisory and service company specialising in accounting and payroll. The move is part of ECIT’s ongoing expansion across the Nordic region.

Since its establishment in 2013, ECIT has grown into a leading BPO provider in the Nordics. With the addition of TietoAkseli, ECIT can now offer fully integrated accounting, payroll, and financial services across all five Nordic countries – Norway, Sweden, Denmark, Iceland, and now Finland.

On Monday 21 July 2025, Viking Growth announced the sale of Xait, a leading provider of collaborative document automation software, to Main Capital Partners.

Xait is a Norwegian software company specialising in collaborative document solutions, offering advanced document creation and CPQ services. Its platform enables teams to efficiently collaborate on high-stakes documents such as bids, proposals, and reports. Xait’s solutions are purpose-built for complex document creation processes in knowledge-intensive industries, streamlining workflows, improving quality, and accelerating time-to-market for enterprise clients worldwide.

Main Capital Partners is a leading software investor with presence across Northwestern Europe and North America, managing over EUR 6bn assets. Xait will become part of Main Capital’s growing cluster of enterprise information systems, benefitting from their deep sector expertise and portfolio-wide synergies.

ABG Sundal Collier acted as exclusive financial advisor to Viking Growth and minority shareholders.