IK Investment Partners, a pan-European private equity firm, has agreed to acquire EPiServer Group from Amadeus Capital, Martin Bjäringer, Monterro Holdings, Northzone Ventures, Mikael Runhem and family and employees.
EPiServer is a provider of platforms that drive online engagement with revenues of SEK192m in 2009. Financials for the deal were not disclosed.
EPiServer is a Swedish software company offering a range of products and services combining content, commerce, community and communication, which enables organisations to manage and optimise their online presence.
EPiServer is represented in several other countries such as Norway, Denmark, Finland, the Netherlands, the UK and the US.
Helena Stjernholm, partner at IK, says: “We are excited to announce the acquisition of EPiServer which has an established track record and a very experienced management team. The company benefits from a substantial organic market growth supported by structural drivers. Together, we believe that IK and the management team and its highly skilled employees can further drive the organic growth in Sweden as well as internationally, and position the company to take an active part in the future market consolidation.”
Martin Henricson, chief executive of EPiServer, adds: “EPiServer has benefited from constantly having developed its product offering to fast changing market demands and through its strong partner network enabling end customers to transform their online presence to real business results. We look forward to continuing this journey together with IK, benefiting from their proven investment approach and track record of building successful companies while maintaining business continuity. I believe that IK is the ideal partner for EPiServer as we continue to grow the business through our international efforts and new products and services.”
This is IK’s sixth investment in the year to date and follows the acquisitions of Snacks International, Hansa, GHD, Colosseum Dental and Agros Nova.
The transaction is subject to anti-trust approval.
