The Nordic region contains some of the most technologically advanced nations in the world.
Seattle, WA (PRWEB) September 07, 2011
Corum Group Ltd., the global leader in M&A services for software and information technology companies worldwide, announced that Mark Johnson has joined the firm in the position of Director. Working from Corum Group International’s new office in Stockholm, Mark will lead Corum's Tech M&A activities in the Nordic countries of Sweden, Finland, Norway and Denmark.
As per Miro Parizek, Managing Director at Corum Group International, Sárl, “Corum operates globally and has had multiple successes in the recent past selling clients from the US, Germany and the UK to Nordic based buyers. Building upon on our historic success and current momentum, we have hired a Stockholm based Director to extend our presence in the Nordic region.”
“I’m very happy to be joining the Corum team to further build upon the group’s exceptional track-record in Europe,” explains Johnson, who holds an MBA from the Stockholm School of Economics and an undergraduate degree in Systems Engineering from the United States Naval Academy in Annapolis. Prior to joining Corum, Johnson was CEO at Activio AB, Investment Director at Nordic Venture Partners of Copenhagen, and Principal Engineer/Security Analyst at the U.S. Department of State. Johnson was also a semi-professional road cyclist and was ranked 1st in the U.S. Mid-Atlantic.
“In particular, the Nordics represent one of the world’s most important markets in the areas of Software, IT, and Digital Media. The region contains some of the most technologically advanced nations in the world.” Johnson continues, “Over the past decade, there have been some major exits coming from the Nordics, adding to the overall commercial expertise required to build and scale world class technology companies.” The Nordic M&A market is an important part of Corum’s global activity. “A case in point,” says Johnson, “Is our recent transaction with PlumChoice on behalf of our Swedish client, Tific.”
In May of this year, Corum announced the acquisition of its Gothenburg-based client, Tific AB (“Tific”) by PlumChoice, the private equity-backed technology firm in Boston. Tific is a pioneer in enterprise level, self-healing and self-service end-point support automation. The acquisition brought together PlumChoice’s award-winning platform for delivering remote service relationship management with Tific’s self-service and self-healing IT tools to create a new technology care paradigm.
“Corum’s global presence, incomparable contacts to tech industry buyers, and extensive experience conducting cross border M&A’s ensured an optimal outcome for Tific,” remarked Johnson. In September, Johnson and Parizek say they expect to close on a transaction with a Norwegian client, and are busy preparing another Swedish software vendor for the market in the fourth quarter. They will also be presenting a series of Corum educational conferences throughout the Nordics this autumn: Helsinki on 29 September, Copenhagen on 20 October, and Oslo on 8 November.
About Corum Group
Based in Seattle, Corum Group Ltd. has offices across Europe and the Americas, has been the global leader for software M&A for the last 25 years. The firm has completed over 240 software M&A transactions spanning 6 continents. Corum's M&A advisors are experienced former software company executives themselves, who work with the support of the industry's best M&A researchers, writers and business valuation experts, using the world's most comprehensive database of tech company buyers. Corum educates the software industry with conferences and publishes the most widely-distributed software M&A research, including its Tech M&A Monthly Webinar.