Xer Tech Holding Appoints Carlsquare as Financial Adviser

Xer Tech Holding AB (publ) announced it has signed an engagement letter with Carlsquare, appointing the firm as the company's financial adviser. The mandate covers support in identifying and evaluating potential acquisition opportunities, as well as advising on financing alternatives, including a potential capital raise.

The company's strategy involves growth through a combination of organic development and selective acquisitions. Xer Tech's board believes that acquisitions can add capabilities, customers, and market access more quickly than organic development alone.

This appointment is intended to support Xer Tech's strategic growth objectives by leveraging Carlsquare's expertise in financial advisory services. The focus will be on identifying and assessing opportunities that align with the company's expansion plans.

No specific acquisition targets or timelines were disclosed in connection with the announcement.