Transaction summary
Ultimo June 2022, Loeven Law Firm assisted the sole shareholder of EazyProject A/S in the sale of the company to Björn Lundén International AB, which is backed by European private equity software-investor Main Capital Partners.
Founded in 2002 by Kenneth Larsen, EazyProject offers an all-in-one cloud-based project management system suited for companies of all sizes across different verticals. EazyProject’s solution provides value to end customers by simplifying project, resource, and time management and by enabling companies to increase their efficiency by spending less time on administrative tasks, increasing accuracy by reducing manual errors and achieving higher control of resources.
Björn Lundén, founded in 1987, provides accounting and financial software solutions targeted at accountancy firms and SMEs throughout the Nordics and the Benelux market. From its offices across Sweden and the Netherlands, the company serves over 40,000 companies. The company has developed a comprehensive portfolio of solutions and tools for administration, finance, accounting, tax, legal, personnel administration, time, project & expense management and ERP and in addition offers knowledge tools, books and courses in the aforementioned areas.
Kenneth Larsen, Chief Executive Officer, and Founder at EazyProject says: “Selling the company you have created over 20 years comes with a lot of emotions, considerations and it has not been an easy decision. I have felt extremely secure and taken care of throughout the whole process, which I highly value.”
Loeven Law Firm’s M&A team consisted of partner Søren Brinkmann (sb@loevenlaw.dk), attorney-at-law Mazlum Güngör (mg@loevenlaw.dk] and assistant attorney Mads Ebert Rasmussen (mer@loevenlaw.dk).