SmartCraft completes its Initial Public Offering on Oslo Børs

SmartCraft ASA (“SmartCraft”), a leading provider of mission-critical software to the construction industry, has been listed on Oslo Børs, Norway, with first day of trading on 24 June 2021.

Valedo will remain a committed and significant shareholder with around 40 percent of ownership in SmartCraft and continue to support the company on its continued growth journey.

SmartCraft’s vision is to become the leading provider of specialized digital solutions for construction companies in the North-Western part of Europe. The Group enables construction companies to increase their productivity, reduce the administrative burden and make it easier to comply with the ever-evolving landscape of applicable laws and regulations affecting the construction industry.

About SmartCraft:

SmartCraft is a leading software platform provider for construction and craftsmen companies serving more than 9 000 customers with more than 95 000 users over three geographies including Norway, Sweden and Finland. SmartCraft offers a range of SaaS software solutions which enables its customers to increase their efficiency, quality and profitability as well as simplifying their day-to-day lives. In addition, SmartCraft’s solutions increase the customers’ resource efficiency and sustainability profile, e.g. by improved planning and estimation processes as well improved management of the construction process itself.

About Valedo:

Valedo is an independent Swedish investment company investing in high-quality small/mid cap companies in the Nordic region. Valedo is focusing on companies with clear growth and development potential where Valedo can actively contribute to and accelerate the companies’ development. Being an active owner and contributing both capital and industrial experience, Valedo ensures that a company can achieve its full potential.

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