Vitec raises SEK 700 million in bond issue to fund software acquisitions

Vitec Software Group AB Class B ( ($SE:VIT.B) ) has issued an announcement.

Vitec Software Group has issued SEK 700 million in senior unsecured notes with a four-year tenor under its existing MTN programme, carrying a floating rate of three-month STIBOR plus 1.60%. The notes, which attracted strong investor demand, are intended to finance future acquisitions of well-established vertical software companies and general corporate purposes, and Vitec plans to list them on Nasdaq Stockholm’s Corporate Bond List.

The successful bond issue strengthens Vitec’s financial capacity to pursue its acquisition-driven growth strategy in the vertical software segment. By securing additional long-term funding on favourable terms, the company reinforces its position as an active industrial acquirer in the Nordic software market, supporting continued expansion and portfolio diversification.

The most recent analyst rating on ($SE:VIT.B) stock is a Buy with a SEK285.00 price target. To see the full list of analyst forecasts on Vitec Software Group AB Class B stock, see the SE:VIT.B Stock Forecast page.

More about Vitec Software Group AB Class B

Vitec Software Group AB is a Swedish provider of vertical software, developing products tailored to niche markets and growing through both organic performance and acquisitions. Headquartered in Umeå, it employs around 1,770 people, is listed on Nasdaq Stockholm, and reported net sales of SEK 3,633 million in 2025.

Average Trading Volume: 95,674

Technical Sentiment Signal: Sell

Current Market Cap: SEK10.34B

For a thorough assessment of VIT.B stock, go to TipRanks’ Stock Analysis page.