Vitec expands its credit facility
Vitec Software Group AB (publ) expands its credit facility in Nordea and SEB with SEK 1 000 million to SEK 2,500 million
“Through the credit facility, we secure capital that allows us to continue our long-term strategy to grow through acquisition of well-established vertical software companies,” says Olle Backman, CEO of Vitec Software Group.
For more information, please contact
Olle Backman, CEO, Vitec Software Group AB (publ), mobile +46 70 632 89 93
Patrik Fransson, Investor Relations, Vitec Software Group AB (publ), mobile +46 76 942 85 97
Vitec is market leader for Vertical Market Software in the Nordic region. We develop and deliver
standard niche software. Vitec grows through acquisitions of well-managed and well-established
software companies. The Group's overall processes together with the employees' in-depth knowledge
of the customer's local market enables continuous improvement and innovation. Vitec has 1,020
employees, is listed on Nasdaq Stockholm, and had net sales of SEK 1,571 million in 2021. Find
more at www.vitecsoftware.com.