Grey has advised the owners in connection with the sale of the shares in Dicom Expense AB to MobileXpense.

Dicom Expense was founded 25 years ago and the business is built on the idea of simplifying accounting of Travel and Expense Management. The smart cloud service and mobile app today streamlines the accounting of over 1,500 companies’ card invoices, travel bills and receipts digitally.

MobileXpense was founded in 2000 and is a Brussels-based company that provides worldwide mobile solutions for travel expense management solutions for large multinationals and governmental organizations. Its software solution simplifies a complex and often time-consuming problem for business travelers and accounting departments around the world. MobileXpense has more than 3 000 customers, with 1.7 million end-users in over 100 countries.