Sale of Progrits AB (SE) to Axcel – Amount not disclosed

Carnegie acted as financial adviser to the owners of Progrits in the sale to Axcel. The owners of Progrits have signed an agreement to divest their current holding in Progrits to a holdco controlled by Axcel. Progrits is a Swedish-based leading vertical software company consisting of ten businesses that develop and deliver mission-critical software and information services within transport and logistics, vehicle digital solutions and integrated e-commerce. The B2B software company simplifies and automates customer information handling and workflows for approximately 5,000 Nordic and international customers.