FSN acquires Omegapoint from Priveq

Priveq exits the company four years after acquiring a 40% stake. The GP had mandated Carnegie to prepare the company for sale, initially expected to come to market in autumn last year, Mergermarket reported in August 2020. However, the uncertainty and the negative impact on the company due to Covid-19 had made that timeline uncertain, Mergermarket reported. 

Following deal completion, the management team of Omegapoint will retain a 33% stake.

FSN said in a statement that it will help the company accelerate organic growth and internationalise through M&A.

The transaction is subject to approval from relevant authorities.

Company
Founded in 2001 and headquartered in Stockholm, Omegapoint is a B2B provider of secure digital transformation and cybersecurity services. Its customer base includes blue chip corporations within the banking, automotive and healthcare sectors, as well as government institutions.

The company's 12-month sales as per Q1 2021 amounted to SEK 515m (€50.8m), with EBITA of SEK 76m (€7.5m).

People
FSN Capital – Patrice Jabet (partner).
Omegapoint – Johan Malmliden (CEO).

Advisers
Equity – Evli Corporate Finance (M&A); BCG (financial due diligence);  Schjødt (legal); KPMG (financial due diligence); Tech Economy (technology due diligence); Marsh (insurance due diligence). 

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Buyouts
• Nordics
• Technology
• FSN Capital
• Priveq Partners
• Sweden