Extract from our Nordic M&A Newsletter

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Norvestor-backed Xllnc acquires Summa-backed Lin Education
April 16, 2019

Xllnc, a Norvestor portfolio company that specializes in IT solutions for digital workplaces, has acquired Summa Equity’s portfolio company Lin Education. Lin Education specializes in school development in IT. The combined entity expects a turnover of SEK 2.4bn in 2019. Lin Education reported a turnover of SEK 561.4m and EBITDA of SEK 19.9m in 2017. The deal value is undisclosed.

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