IK Investment Partners (IK), a Pan-European private equity firm, has announced that it has agreed to acquire EPiServer Group AB (EPiServer) from Amadeus Capital, Martin Bjäringer, Monterro Holdings, Northzone Ventures, Mikael Runhem and family and employees. EPiServer is a fast growing provider of platforms that drive online engagement with revenues of SEK 192 million in 2009. The transaction is subject to anti-trust approval. Financials for the deal were not disclosed.
EPiServer is a Swedish software company offering a broad range of products and services combining content, commerce, community and communication, which enables organisations to manage and optimise their complete online presence. The platform is distributed by EPiServer's strong partner network. The Company has experienced rapid expansion with an average annual revenue growth of more than 30 percent over the last five years.
EPiServer has its head office in Sweden, where the research and development department is also based. In addition, the Company is represented in several other countries such as Norway, Denmark, Finland, the Netherlands, the UK and the US.
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.
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