Thoma Bravo, a software investment firm, has acquired Mercell Holding ASA, a European provider of e-tendering and procurement services.

Mercell provides e-tendering software for public buyers and tender notification software for public sector suppliers. The firm’s services assist clients to cut costs, grow their businesses and increase efficiency.

“I am thrilled to partner with Thoma Bravo and leverage their deep operational and investment expertise to achieve our global growth goals,” said Terje Wibe, CEO of Mercell Holding ASA. “I am proud of the entire Mercell team for helping us reach this milestone, and I look forward to further success as we build upon our market leadership position and continue to deliver customers best-in-class e-tendering and procurement systems.”