Company profile: Duett
1.1 - Company Overview
Company description
- Provider of accounting software and cloud services, including Duett ΓΛkonomi for billing, payroll, time tracking via app, and financial reporting; Taskline for task management and quality assurance in accounting offices; Duett Sky on Microsoft 365, tailored for small and medium-sized businesses, with security and Norway-based storage; Bankintegrasjon with Mastercard for all Norwegian banks, real-time balances, and automated matching; e-invoicing with Svea Finans for debt collection.
Products and services
- Duett Γkonomi: A comprehensive accounting platform that automates billing, payroll, time tracking, and financial reporting for businesses and accountants, architected as a modular, automated system
- Bankintegrasjon (Bank Integration): An integrated payment component developed with Mastercard that supports all Norwegian banks, delivering real-time balance updates and automated transaction matching, implemented as a Mastercard-integrated interface
- Duett Sky: Cloud services tailored for small and medium businesses, built on Microsoft 365, emphasizing security and data storage in Norway, supplied as a Microsoft 365-based environment
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Duett
Primavera BSS
HQ: Portugal
Website
- Description: Provider of cloud-based business management solutions for organizations, including Cegid Primavera Cloud ERP for medium and large businesses, Jasmin for small businesses and startups, Valuekeep for asset management and maintenance, PRIMAVERA Office Extensions for Excel-based reporting, and ROSE Education for digital management skills.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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Unit4
HQ: The Netherlands
Website
- Description: Provider of cloud-based enterprise applications for people-focused mid-market services organizations, including ERPx to manage finance, HR, and projects; Financial Planning & Analysis for planning, budgeting, forecasting, and reporting; Human Capital Management for talent management and workforce planning; Financials for accounting, financial reporting, and compliance; Procurement; and a Professional Services Automation suite.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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Publiq Software
HQ: United States
Website
- Description: Provider of property tax management, utility billing, and integrated accounting software for local governments. Solutions support tax billing, collections, assessments, and appraisals; water, gas, and electric billing; budgets, general ledger, purchasing, and bank reconciliation; accounts receivable billing and payments; business license management; and cash management with PCI compliance.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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Paystand
HQ: United States
Website
- Description: Provider of a cloud-based billing and payment platform for B2B companies, leveraging blockchain and cloud technology to deliver Payments-as-a-Service that digitizes receivables, automates processing, and streamlines the entire cash lifecycle to reduce time-to-cash and eliminate transaction fees.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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Meritsoft
HQ: Ireland
Website
- Description: Provider of intelligent automation for post-trade processing, managing taxes, fees, commissions and cash flow between financial institutions. Offerings include settlement, billing and invoicing, claims automation, financial transaction tax management, CSDR penalties, brokerage fee billing, and CSA/research management supporting CSDR and MiFID II compliance.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: βββββ
- Total funding raised: $βββm
- Backers: ββββββββββ
- Acquisitions: ββ
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Duett
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Buyer group 2: ββββββββ ββββββββ
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Buyer group 3: ββββββββ ββββββββ
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Duett
2.2 - Growth funds investing in similar companies to Duett
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4 - Top valuation comps for Duett
4.2 - Public trading comparable groups for Duett
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