ABGSC acted as sole financial adviser to the Norwegian Enforcement Authorities in the sale of Confirmit

On February 19, it was announced that Verdane has agreed to acquire Confirmit, the leading global solutions provider for Customer Experience (CX), Employee Experience and Market Research. Verdane is the major investor in data visualization reporting firm Dapresy and will merge the two companies.
“The combination of the Dapresy and Confirmit solutions will be unmatched in the market research and customer experience arena,” said Pål Malmros, responsible for the investment at Verdane.
Ken Østreng, CEO at Confirmit explained, “This is a hugely exciting move not only for both businesses and their customers, but also for the wider market. As companies who share our goals and values, we’re delighted to be working with both Verdane and Dapresy as we enter this new chapter”.
Verdane is joined by Zobito, the equity growth investor, as co-investor. The Zobito team will bring its go-to-market expertise and experience from working with companies such as QlikView to the journey.
Deutsche Bank won a court hearing in Norway in 2016 to block the shares in Confirmit as a part of the bank’s effort to recover debt owned by the former owner of Confirmit. After years of legal disputes between the owner and Deutsche Bank, the court ordered Confirmit to be forcibly sold by the Norwegian Enforcement Authorities in June 2019. ABG Sundal Collier was selected as the sole financial advisor to the Norwegian Enforcement Authorities to carry out the sales process.