Vitec Software Group AB (publ) is strengthening its Nordic position in Vertical Market Software on October 19 by acquiring all shares in the Finnish software company NexGolf Oy.

NexGolf offers enterprise management systems for golf courses. The products facilitate handling of e.g. invoicing, membership databases, tournaments, booking and payment of tee times, as well as communication with members. The company is headquartered in Oulu, Finland, and currently has a customer base of approximately 110 golf courses in Finland.

Vitec Software Group AB is market leader for Vertical Market Software in the Nordic region. The group employs approximately 830 persons in Denmark, Finland, Norway and Sweden, and had a turnover of SEK 1,156 million in 2019. Vitec is headquartered in Umeå and listed on Nasdaq Stockholm.