Stockholm (Sweden), 27 April 2022 – The Smaller Mid-Cap Fund II (“TSM II”) advised by Triton has signed an agreement to acquire Neptune Software (“Neptune”), a low-code/ no-code or LCNC enterprise app development platform, from Nordic small cap technology investor Standout Capital and founders. Terms of the transaction are not disclosed.
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Target – NEPTUNE SOFTWARE AS
Buyer – TRITON INVESTMENTS ADVISERS LLP
Seller – STANDOUT CAPITAL AB