Norvestor invests in leading IT Service provider

Norvestor V, L.P. (Norvestor) has signed an agreement to invest in Cegal AS, (Cegal), a supplier of centralized IT services.

Cegal is a provider of centralized IT operations with focus on Software as a Service ("SaaS") and consulting services. The business has shown an annual revenue growth of approximately 40% over the last three years, and with good profitability.

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