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Unquote
  • Nordics

EQT, Verdane to merge Confirmit and FocusVision

  • Eliza Punshi
  • Eliza Punshi
  • 08 January 2021
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Private equity firms EQT and Verdane have announced the merger of their respective portfolio companies FocusVision and Confirmit.

The combined company will be led by Confirmit CEO Kyle Ferguson and supported by management of both companies. 

Upon completion, the two GPs will have an equal stake in the merged business. The deal aims to give the research technology companies a stronger product offering in Europe and North America.

Confirmit; FocusVision

  • DEAL:

    Merger

  • LOCATION:

    Oslo, Stamford

  • SECTOR:

    Software

  • FOUNDED:

    1996; 1990

Confirmit was acquired by Verdane IX in February last year, while FocusVision was acquired by EQT in 2015.

The transaction is subject to regulatory approval and is due to close in the second quarter of 2021.

Company
Founded in 1996 and based in Oslo, Confirmit offers market research, customer experience and employee engagement software. The company has 450 employees and has further offices in the UK, the US, Canada, Australia and Russia. 

Founded in 1990 and based in Stamford, Connecticut, FocusVision is a provider of quantitative and qualitative technology services, including surveys, online interviews, focus groups, and online qualitative research. 

People
Confirmit – Kyle Ferguson (CEO).
FocusVision – Chris Nagy (CEO).
EQT – Hajo Krösche (managing director).
Verdane – Pål Malmros (partner).

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