Björn Lundén, a Swedish accounting and financial administration software provider, is acquiring QLogic AB (QLogic).
The financial terms of the acquisition, which was backed by European software-investor Main Capital Partners (Main), have not been disclosed.
QLogic is active in the time, project and expense management space and is known for its cloud-based solution QBIS and IT support.
The acquisition epresents a strategic second add-on acquisition for the Björn Lundén group since Main became a majority investor in July 2021.