Working With Us:

Tofte & Company was established to provide a professional and experienced service for IT companies looking for financing or buyers. We wanted to provide an efficient 360° service from initial lead contact to money in the bank.
With experience from more than 400 transactions with IT companies, 40 years as investor/buyer and an extensive network within the business angel and VC community, we seem to have found the right mix of operational, financial and legal expertise. We are now growing at a rapid rate.

We are proud and humble to be working with some of the best entrepreneurs and founders, and we are working hard to deliver on the trust given to us.

Tofte & Company provides solutions catering for all your business needs within deal making from initial investor/business partners contact until closure of the deal.

We further provide advice and sparring as to the development of your business. Making use of our expertise may well be the best thing in taking your business to the next level. Providing an exceptional and personal service is our goal.

 iZettle sold to PayPal

On September 20th, PayPal announced the completion of the acquisition of iZettle – a Swedish payment solution for small businesses – for approximately USD 2.2 billion. Both companies share the same belief in the power of small businesses. With the acquisition, PayPal can expand their product offering to their existing small business customers and work with iZettle to bring their solution to the next level.

 Opera went public at Nasdaq

On July 27th, Opera – the Norwegian based web browser company – went public at Nasdaq with an opening price 19.5 % above the initial public offering price. With the IPO, Opera raised over USD 115 million. Although Opera seems far behind the competition in the worldwide browser market, it has had strong success in developing markets where it plans to grow significantly in the next years.

 Kolonial.no funding by Kinnevik

On Aug 15, Kinnevik – the largest single external shareholder of Zalando – announced to invest NOK 200 million in primary capital and NOK 100 million in secondary shares in Kolonial.no – a Norwegian online grocery retailer. Kolonial.no sees Kinnevik as perfect partner for further growth and with the investment, Kinnevik received a 15% stake in the company.

 Planday Series C funding by SEB

On August 29th, Planday ­– a workforce collaboration platform for shift workers – raised USD 40 million in a Series C funding round led by SEB Private Equity. With the new funding, Planday wants to accelerate their growth by extending its platform and expanding geographically, across Europe and in North America.

Firtal Group sold to Matas

On August 29th, Matas signed an agreement to acquire Firtal Group – a Danish digital retailer owning several brands – for an enterprise value of DKK 130 million. Both companies active in the Health and Wellbeing sector see a strong strategic fit. With the acquisition, Matas Group wants to grow its online market share significantly towards becoming a market leader in its segment while accelerating Firtal’s growth.

 Netcompany went public at Nasdaq

On June 7th, Netcompany – a Danish IT-service company – went public at Nasdaq Copenhagen with an opening price 16 % above the initial public offering price. With the IPO, Netcompany wants to set the foundation for a stronger brand and international growth. Netcompany has a market cap. of approximately DKK 11 billion as of October 8th.

SELECTED TOFTE & COMPANY TRANSACTIONS