Fortnox AB (publ) (NGM:FNOX) entered into an agreement to acquire 78% stake in Capcito Finance AB at an enterprise value of SEK 410 million on November 17, 2021. During the financial yearended 2020, Capcito reported net sales of SEK 24.5 million and an operating loss of SEK 36.1 million. The transaction is expected to be closed on December 1, 2021. Acquisition is financed by Fortnox's available cash. Mannheimer Swartling Advokatbyrå Aktiebolag acted as legal advisor to Fortnox AB.