Bjorn Lunden Enhances Portfolio with Aprello Acquisition

Deal News | Jan 29, 2025 | Main Capital Partners

Bjorn Lunden Enhances Portfolio with Aprello Acquisition

Bjorn Lunden, a Swedish provider of accounting and financial administration software, has acquired Aprello, a Stockholm-based software company specializing in solutions for annual reporting and tax submissions. This acquisition is Bjorn Lunden's sixth since Main Capital Partners became a majority investor in July 2021. Aprello's offerings, including smart templates and e-signing capabilities, complement Bjorn Lunden's existing portfolio, enhancing its ability to serve tax and accountancy firms, SMEs, and the real estate sector across Europe. This strategic move is a testament to Bjorn Lunden's growth strategy, which focuses on expanding its footprint in the European financial administration software market. Wessel Ploegmakers from Main Capital Partners and Ulf Svensson, CEO at Bjorn Lunden, both emphasize the acquisition's importance in strengthening the company's position as a leading provider of cloud-based financial solutions. Meanwhile, Aprello's CEO, Anna Ström-Munke, expresses excitement about joining forces, highlighting the shared vision for delivering high-quality, customer-focused products.

Sectors

  • Software and IT Services
  • Financial Services

Geography

  • Sweden – Bjorn Lunden is a Swedish company acquiring Stockholm-based Aprello, indicating the geographical focus of the acquisition.
  • Europe – The companies aim to expand their financial software solutions across the Nordics and the rest of Europe.

Industry

  • Software and IT Services – The article involves companies providing software solutions, particularly in financial reporting, tax submissions, and accounting software.
  • Financial Services – The acquisition is focused on financial reporting and tax submission solutions, relevant to financial services.

Financials

    Participants

    NameRoleTypeDescription
    Bjorn LundenBuyerCompanyA Swedish provider of accounting and financial administration software solutions.
    Main Capital PartnersInvestorCompanyPrivate Equity firm backing Bjorn Lunden, majority investor since July 2021.
    AprelloTargetCompanyStockholm-based software provider specializing in solutions for annual reporting and tax submissions.
    Ulf SvenssonCEOPersonCEO of Bjorn Lunden.
    Wessel PloegmakersPartner and Head of NordicsPersonPartner and Head of Nordics at Main Capital Partners.
    Anna Ström-MunkeFounder and CEOPersonFounder and CEO of Aprello.