Setterwalls has assisted Briox in connection with the acquisition of Accounting Software Scandinavia and a directed share issue

Setterwalls has assisted Briox in connection with the acquisition of Accounting Software Scandinavia, the AI company behind Lennart & Larry, and a directed share issue.

Briox is a SaaS company that simplifies everyday life for sole traders and micro-entrepreneurs by digitising their business operations and helping them to improve profitability. Its software connects accountants and business owners in a straightforward, efficient, and intelligent way across Sweden, Finland, Estonia, Latvia and Lithuania. Briox is listed on NGM Nordic SME.

Accounting Software Scandinavia has developed the groundbreaking AI accountant Lennart and the AI assistant Lerry.ai. Their technology is designed to automate and streamline the bookkeeping process, reducing the need for manual work and external consultancy.

For further information, please refer to Briox’s press release regarding the acquisition here and regarding the share issue here.