Grey has advised the owner in connection with the sale of the shares in eBuilder Travel AB to MobileXpense.

eBuilder Travel was founded in 2007 and focuses on the end-to-end travel and expense management process. Numerous large public and private sector organizations rely on eBuilder Travel solutions. eBuilder Travel solutions are used in more than 80 countries worldwide.

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 300 customers with 1.2 million end-users in over 100 countries.