Pride Capital Partners completes first investment in Norway

Pride Capital Partners completed its first investment in Norway by investing in Duell Software AS and its previously separate software development entity, Panteon AS. Both companies are headquartered and operated from a shared office in Kristiansand, Norway. Pride Capital Partners will support the management team’s existing organic growth initiatives and play an active role in facilitating a buy-and-build strategy in the fragmented Nordic POS market.

duell.no

"Duell is built to replace the fragmented, on-premises, and silo-based systems that many businesses still operate today."

Headquartered in Kristiansand, Norway, Duell Software and Panteon together form a leading Nordic point-of-sale (POS) and software development group. Duell delivers a modern, cloud-native, and industry-agnostic POS and logistics platform, which is critical to its customers’ daily operations. Panteon acts as the in-house software development team, fuelling innovation for Duell’s platform while also serving select external clients.

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Bas Welten

Head of Nordics
bas@pridecapital.nl

Tavga Khezer Lal

Office Manager
tavga@pridecapital.nl