The North Alliance Acquires Proletar

ZeroNorth Acquires Prosmar Bunkering AS

October 31, 2022

Software

ZeroNorth has acquired Prosmar Bunkering AS, taking ownership of Prosmar's Bunker Dashboard and Bunker Pricer modules while Prosmar's freight risk products remain outside the deal. Prosmar Bunkering will operate as an independent, standalone business under its existing management to accelerate product development, commercial expansion and support digitalisation and decarbonisation in the bunker fuel market.

Blizzard Entertainment Acquires Proletariat

July 1, 2022

Media & Entertainment

Blizzard Entertainment has acquired Boston-based game studio Proletariat to expand its development pipeline for World of Warcraft. Proletariat — a team of roughly 90 developers known for live-service and cross-platform titles like Spellbreak — will be integrated into Blizzard and help support future Warcraft content and hiring plans.

LaSalle Capital / Gen3 Marketing Acquire OPM Pros

February 20, 2019

Marketing & Advertising

LaSalle Capital and its portfolio company Gen3 Marketing have acquired Montreal-based affiliate marketing agency OPM Pros. The deal combines two leading North American affiliate marketing teams to expand Gen3's capabilities and client services across the U.S., Canada and Europe as a platform add-on.

Norvestor Acquires Majority Stake in Pearl Group

December 28, 2020

IT Services

A fund advised by Norvestor Advisory AS has agreed to acquire a c.52% majority stake in Pearl Group, a Nordic IT solutions and ERP partner headquartered in Lysaker, Norway. The investment provides Pearl with expansion capital to grow organically and via M&A while the existing management and key employees retain a significant minority stake and reinvest proceeds.

Axcel Acquires AddPro AB from Adelis Equity Partners

July 2, 2020

IT Services

Nordic private equity firm Axcel has acquired a majority stake in Swedish IT services provider AddPro AB from Adelis Equity Partners. The deal, terms undisclosed, transfers ownership of a company with ~SEK 800 million revenue and ~350 employees, enabling further geographic and capability expansion under Axcel.

Dataciders Acquires PRODATO

June 3, 2024

Data & Analytics

Dataciders, a Dortmund-based data, analytics and AI services provider backed by Rivean Capital, has acquired Nuremberg-based IT services firm PRODATO. The acquisition expands Dataciders' service and customer portfolio, regional presence and engineering capacity as part of a buy-and-build strategy under Rivean Capital.