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1 December 2016

STOCKHOLM, Sweden and LUCCA, Italy

Tagetik Continues International Expansion with Opening of Direct Operation Serving Sweden, Denmark, Norway, Finland and Iceland


New Office in Sweden Staffed by Corporate Performance Management and IT Experts Ready to Work with Nordic Region’s Progressive CFOs

Tagetik, a leader in global performance management software solutions, today announced the establishment of Tagetik Nordic AB, a direct operation providing sales, implementation, and consulting support to companies in Sweden, Denmark, Norway, Finland and Iceland. The new subsidiary is a result of Tagetik’s acquisition of its former distributor in the Nordic market.


Under the name Tagetik Nordic AB, the company will support Tagetik’s global expansion efforts driving continued growth in the region. The formation of the new entity is accompanied with the opening of a new office in Stockholm, Sweden. Current customers in the region include Ambea, Dina, Protector, Hempel, and Elematic.


Tagetik’s new direct operation will be led by experienced finance and corporate performance management (CPM) experts with an extensive track record of project successes. Marco van der Kooij, general manager for Tagetik Benelux, will also serve as general manager for Tagetik Nordic. Erik Granbom, who brings 20 years of experience in software market sales, will serve as Tagetik Nordic’s sales director.


Our new direct operation gives Tagetik the ability to focus exclusively on the satisfaction and success of its customers in the Nordic region,” said van der Kooij. “With the support of our established business partners, the new operation will also help us grow market share in the CPM software market. We are confident Tagetik’s unified Financial Performance Platform™, along with pre-packaged solutions for IFRS 4 Phase II, IFRS 9, 15 and 16, will appeal to the region’s CFOs dealing with complex business and finance challenges.

This new direct operation positions us to increase our growth momentum worldwide and work directly with progressive finance leaders in the Nordic region,” said Manuel Vellutini, co-CEO of Tagetik. “Marco and his team have delivered excellent results in the first year of direct operations in the Benelux region. Under Marco’s guidance, we will increase sales and marketing investments and deepen relationships with our existing customers in the Nordic region through increased support services.

Media Contacts:

Linda Galloway Corporate and EMEA insidHR Communications lgalloway@insidhr.com +1 303 863 8620 office+1 203 733 7446 mobile

Courtly Stevens North America Courtly & Company cstevens@courtlyandco.com +1 415 640 0188 office

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