Exense

Exense ASA was a Norwegian enterprise-software company headquartered in Oslo, with additional offices in Stockholm, Luleå, and Lund in Sweden. Its software business focused on procurement and logistics management, especially applications adapted to the operational requirements of public healthcare organizations in Scandinavia. The company therefore occupied a specialized position within enterprise information technology: rather than presenting itself as a broad consumer software brand, it supplied business-process systems intended to support purchasing, supply flows, and administrative coordination. Exense expanded through acquisitions during the 2000s. In 2004 it acquired the Swedish company Idefix Konsult. In 2005 it acquired Pro Consulting, adding consulting capabilities to the group. The consulting activities were subsequently separated from the software business in a demerger two years later, creating Exense Consulting as a separately listed entity on Oslo Axess. This restructuring reflected an effort to distinguish the company’s software operations from its professional-services activities. Exense was publicly traded in Norway during part of its corporate life. It was listed on the Oslo Stock Exchange from 2000 until 2007, when it was moved to Oslo Axess. Around the same period, Exense explored a transaction involving Exense Software, a subsidiary with operations in Oslo, Stockholm, and Lund. A proposed sale to Visma was announced as nearly completed on 2 July 2007, but the transaction was not ultimately completed. The company later encountered severe financial difficulties. In March 2009, Exense’s board was informed that the company was insolvent. After the company was unable to meet its debts, it requested an injunction on 3 March 2009. The available reference material does not establish a later operating business, successor brand, or continuing corporate structure. Exense is therefore treated here as a defunct Norwegian software brand. Because the available public material is limited, detailed information about its founding, product names, customers, revenue, management team, and final legal disposition remains unavailable.

Exense emerged as a Norwegian software company serving organizational purchasing and logistics needs. Its principal area of specialization was software for procurement and logistics, with particular attention to the Scandinavian public-health sector. The company operated from Oslo and established a Scandinavian footprint through offices in Stockholm, Luleå, and Lund in Sweden. The company was publicly listed in Norway from 2000. During the following decade it pursued expansion through acquisitions and a combination of software and consulting activities. In 2004 Exense purchased the Swedish firm Idefix Konsult. In 2005 it acquired Pro Consulting, strengthening the group’s consulting capabilities. The subsequent corporate structure did not remain unified: approximately two years later, the consulting division was demerged into Exense Consulting. That entity was separately listed on Oslo Axess, while Exense retained its software-oriented activities. Exense’s public-market status also changed during this period. It traded on the Oslo Stock Exchange from 2000 to 2007, after which it was transferred to Oslo Axess. The company also considered selling Exense Software, a subsidiary operating from Oslo, Stockholm, and Lund, to Visma. Although the transaction was described as nearly completed on 2 July 2007, it did not close. The company’s financial position deteriorated by 2009. In March of that year, the board was informed that Exense was insolvent. When Exense could not pay its debts, it sought an injunction on 3 March 2009. The cited reference does not provide a detailed account of the subsequent insolvency proceedings, a buyer of the remaining business, or a successor operating brand. Accordingly, Exense is documented as a defunct enterprise-software company rather than an active SaaS provider. The surviving historical record supports its role in procurement and logistics software and its corporate transactions, but does not provide enough information to identify individual product names, founders, executives, financial results, or a continuing website.

1. 2009Insolvency

   Exense’s board was informed that the company was insolvent, and the company sought an injunction after being unable to pay its debts.

   Source
2. 2007Transfer to Oslo Axess

   Exense left the Oslo Stock Exchange and was transferred to the Oslo Axess marketplace.

   Source
3. 2007Consulting business demerged

   The consulting division was separated into Exense Consulting, which was also listed on Oslo Axess.

   Source
4. 2005Acquisition of Pro Consulting

   The company acquired Pro Consulting and expanded its consulting-related activities.

   Source
5. 2004Acquisition of Idefix Konsult

   Exense acquired the Swedish company Idefix Konsult as part of its Scandinavian expansion.

   Source
6. 2000Listed on the Oslo Stock Exchange

   Exense began the documented period of its public listing on the Oslo Stock Exchange.

   Source

Specialist enterprise software provider focused on procurement, logistics, and related consulting for Scandinavian public-sector and healthcare organizations.

• Procurement-management softwareEnterprise software

  Exense developed software for managing procurement processes. The available historical description places this activity at the center of the company’s product business, particularly for organizations in the Scandinavian public-health sector. No specific product-brand name, release history, technical architecture, or current successor is identified in the cited material.

• Logistics-management softwareEnterprise software

  The company also produced systems for logistics management, supporting operational flows associated with procurement and supply administration. These systems were reportedly tailored in particular to Scandinavian public healthcare, but the available reference does not specify modules, deployment models, customer names, or product versions.

• Consulting servicesProfessional services2005

  Following the acquisition of Pro Consulting, Exense operated consulting activities alongside its software business. Those activities were later separated through the creation of Exense Consulting. The available source does not provide a detailed catalogue of services or identify specific consulting engagements.

• 2009Seek an injunction after insolvencyOther

  In March 2009, Exense’s board was informed that the company was insolvent and the company could not pay its debts.

  What changed. Exense requested an injunction on 3 March 2009.

  Aftermath. The available source does not document the full insolvency outcome or identify a continuing successor business.

  Source
• 2007Demerge the consulting divisionStrategy

  Exense had developed a combined software and consulting structure after acquiring Pro Consulting.

  What changed. It separated the consulting activities into Exense Consulting, which was also listed on Oslo Axess.

  Aftermath. The corporate structure divided the consulting operations from the remaining Exense software business.

  Source
• 2007Proposed sale of Exense Software to VismaM&A

  Exense explored a transaction involving its software subsidiary, which had branches in Oslo, Stockholm, and Lund.

  What changed. A sale to Visma was reported as nearly completed on 2 July 2007, but the transaction was not completed.

  Aftermath. Exense Software remained associated with Exense in the available historical record; the source does not explain the detailed reasons for the failed transaction.

  Source
• 2005Acquire Pro ConsultingM&A

  Exense expanded its activities into consulting in addition to its procurement and logistics software business.

  What changed. The company acquired Pro Consulting.

  Aftermath. The consulting activities were later separated from the software business.

  Source
• 2004Acquire Idefix KonsultM&A

  Exense sought to expand its Scandinavian software operations through the purchase of a Swedish company.

  What changed. It acquired Idefix Konsult.

  Aftermath. The acquisition added a Swedish business to Exense’s regional operating footprint.

  Source

• 2009Exense reports insolvency and seeks an injunction

  The board was informed in March that Exense was insolvent. After the company could not pay its debts, it requested an injunction on 3 March 2009.

  Bankruptcy
  Source
• 2007Consulting division separated into Exense Consulting

  Exense demerged its consulting division into Exense Consulting, which was also listed on Oslo Axess.

  M&A
  Source
• 2007Exense Software sale to Visma does not complete

  A proposed transaction involving Exense Software and Visma was reported as nearly completed on 2 July, but the sale was not ultimately concluded.

  M&A
  Source
• 2007Exense moves from the Oslo Stock Exchange to Oslo Axess

  After trading on the Oslo Stock Exchange since 2000, Exense was transferred to Oslo Axess.

  Other
  Source
• 2005Exense acquires Pro Consulting

  The company acquired Pro Consulting, broadening its activities beyond software into consulting services.

  M&A
  Source
• 2004Exense acquires Idefix Konsult

  Exense expanded into Sweden through the acquisition of Idefix Konsult.

  M&A
  Source

1. Exense