24SevenOffice sells all of its shares in the Swedish consulting and accounting company Credité Consulting to its strategic partner ECIT AS.
24SevenOffice sells 651 shares, corresponding to 51% of the total shares in Credité Consulting, to ECIT AS for a total of SEK 4 820 257, with remuneration of SEK 4 720 257 in cash and SEK 100 000 in ECIT shares. Credité Consulting will be part of the ECIT strategic business unit focusing on 24SevenOffice technology including the highly competitive AI accounting product. This transaction marks the completion of the second acquisition of the ECIT strategic business unit focusing on 24SevenOffice technology. Thus, this sale will secure the usage of 24SevenOffice technology across a broad