Private equity firm IK Investment Partners has agreed to acquire EPiServer Group AB from Amadeus Capital, Martin Bjäringer, Monterro Holdings, Northzone Ventures, Mikael Runhem and family and employees.
The amount of the transaction, subject to anti-trust approval, remained undisclosed.
Founded in 1994, EPiServer is a Sweden-based software company providing a broad range of products and services combining content, commerce, community and communication, which are designed to enable organizations to manage their online presence. The company’s technology platform also makes available to customers a configurable metrics dashboard.
The platform is distributed by EPiServer’s partner network. Among the others, the company operates in Norway, Denmark, Finland, the Netherlands, the United Kingdom and the United States, South Africa, and Australia.
According to Helena Stjernholm, Partner at IK, the acquistion 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.