CapMan Infra invests in Danish data centre colocation provider Fuzion


CapMan Infra invests in Danish data centre colocation provider Fuzion

CapMan Infra invests in Fuzion, a Danish data centre colocation provider. The deal follows CapMan Infra’s acquisition of Serverius in May 2023 to establish a northern European data centre platform. Fuzion’s current co-owner and CEO Christian Holm Christensen will re-invest in the wider platform and continue in his position as Fuzion’s CEO.

Fuzion is a leading Danish operator of data centres focused on small and medium enterprise clients. The company, established in 2001, offers colocation services supplying space, cooling, electricity, and security for customers. Fuzion currently operates four data centres in the Jutland region and is expanding to a new location in Copenhagen.

This is CapMan Infra’s second investment in a newly established northern European data centre platform providing European-wide connectivity. With data centres positioned in key data centre markets and its strong customer focus, Fuzion will be a valuable addition to the platform, and CapMan sees opportunities in delivering substantial synergies on commercial, technical, and financial aspects, as well as in continuing to support a sustainable transition across operations.

“We are happy to welcome Fuzion to our Northern European data centre platform as it complements our recent investment in Serverius well. We are also very glad to have Christian Holm Christensen co-invest alongside us, showing his strong commitment in delivering on the growth that we see for Fuzion in this market. Christian and his team has positioned Fuzion well for continued growth in Denmark, and Fuzion represents a great fit to our wider northern European platform,” says Harri Halonen, Partner at CapMan Infra.

“I am excited to continue the growth journey with Fuzion and join the wider data centre platform being established by CapMan Infra. I look forward to not only grow Fuzion, which I have great expectations for, but to also build the wider platform, which I see as ideally positioned to target a highly promising market segment at the right time”, says Christian Holm Christensen, owner, and CEO at Fuzion.

The acquisition is CapMan Nordic Infrastructure II fund’s fourth investment, following Skarta Energy, Napier and Serverius.

CapMan Infra was advised by PwC Corporate Finance (M&A), and Horten and Linklaters (legal).

For more information, please contact:

Harri Halonen, Partner, CapMan Infra, tel. +46 768 71 0062

About CapMan Infra

CapMan Infra invests in energy, transportation and digital infrastructure assets generating predictable cash flows. CapMan Infra is a dedicated and active owner seeking to drive operational improvements and offers tailored solutions to local infrastructure asset owners and partners in the Nordic countries. The team of twelve infrastructure professionals is based in Helsinki and Stockholm. CapMan Infra has two funds, one established in 2018 and one in 2022. In addition to the fund, the team also manages two investment mandates.

CapMan Infra is part of CapMan Group, a leading Nordic private asset expert with an active approach to value creation and over 5 billion in assets under management. CapMans objective is to provide attractive returns and innovative solutions to investors. We have set greenhouse gas reduction targets under the Science Based Targets initiative in line with the 1.5°C scenario. We have a broad presence in the unlisted market through our local and specialised teams. Our investment strategies cover minority and majority investments in portfolio companies and real estate, and infrastructure assets. We also provide wealth management solutions. Our service business includes procurement services. Altogether, CapMan employs approximately 190 professionals in Helsinki, Jyväskylä, Stockholm, Copenhagen, Oslo, London and Luxembourg. We are listed on Nasdaq Helsinki since 2001.

About Fuzion

Since 2001, Fuzion has been a leading colocation provider in Skanderborg, Viby J., Aarhus, Randers and Copenhagen. Today, the company serves over 100 customers, both domestic and international. Fuzion’s vision is to make the data centre market greener and more flexible to support the need for green and secure solutions for critical infrastructure such as private and public Cloud, IOT, online apps, internet and much more – now and in the future.

Categories: News


Trustly, backed by Nordic Capital, joins forces with SlimPay to revolutionise the recurring payments experience

Nordic Capital

Trustly, a global payment method, announces that it is joining forces with SlimPay, a European leader in recurring payments, to set a new standard in recurring payments for merchants and consumers across Europe and the UK. SlimPay’s platform combined with Trustly’s proprietary technology will together bring a new, exceptional payment experience to the region.

Trustly’s acquisition of SlimPay will facilitate error-free payment registration, better conversion and flexibility, enabling consumers to pay bills, subscribe to a service or opt for flexible payment plans. The product synergy will create an intuitive payment process for consumers leveraging the best of Trustly’s Account-to-Account (A2A) technology and SlimPay SEPA direct-debit capabilities.

In 2022, Direct Debits totaling over EUR 10 trillion were collected across Europe, with 80% of these transactions ocurring in markets where Trustly and SlimPay have combined operations. The combination will add to Trustly’s existing modern Direct Debit capability in the UK and Sweden and provide a comprehensive pan-European recururring payment service. Trustly and SlimPay will together improve the payments process for merchants and consumers in the Single Euro Payments Area (SEPA), including Germany, France, Spain and Italy.

The acquisition of SlimPay comes shortly after the successful launch of Trustly Azura, a revolutionary new technology and data engine that will improve the payments experience for merchants and consumers through personalisation and data optimisation. By adding SlimPay’s recurring payments and sophisticated data interface to its offering, Trustly expects to further accelerate the roll-out of Azura.

Johan Tjärnberg, Group CEO of Trustly, comments: “We are thrilled that SlimPay is joining Trustly. SlimPay’s SEPA solution for modern Direct Debit in combination with the optimised experience of Trustly Azura will together be able to revolutionise the recurring payment experience and create a new industry standard. The addition of SlimPay is fully in-line with Trustly’s strategy to offer a unique 360 degrees embedded experience across all types of digital payments.“

Jerome Traisnel, CEO of SlimPay, adds: “Together with Trustly, we will bring a new, streamlined payment experience to the European recurring payments space, creating an unrivalled network of merchants and consumers across the entire repeat payment economy. We look forward to working with Trustly to build an innovative and comprehensive platform across Europe.”

SlimPay, founded in 2010, is a European leader in recurring payments, offering digital payment solutions through innovative technologies to merchants and consumers across utility, financial services, and retail sectors. SlimPay is an authorised payment institution under ACPR supervision.

The transaction is subject to customary regulatory approvals. The parties have agreed to not disclose any financial details.

For more information, please contact:
Carlos Cancino
Communications Director, Trustly
tel: +46 70-216 77 85

About Trustly
Founded in 2008, Trustly is a global leader in Open Banking Payments. Our digital account-to-account platform redefines the speed, simplicity and security of payments, linking some of the world’s most prominent merchants with consumers directly from their online banking accounts. Trustly can handle the entire payment journey, setting us apart from the competition and enabling us to offer an attractive alternative to the traditional card networks at a lower cost. Read more at

Categories: News


BPEA EQT exits Coforge, a multinational Digital IT Solutions & Technology Consulting Services provider

  • BPEA EQT sells its remaining 26.6 percent stake in Coforge, an India-headquartered Digital IT Solutions & Technology Consulting Services provider, through a USD 924m block trade
  • Ideally positioned in one of BPEA EQT’s core sectors, Tech Services, Coforge has under BPEA EQT’s ownership doubled its revenue and EBITDA, crossing USD 1 billion of revenue in April 2023
  • BPEA EQT helped strengthen Coforge’s organic growth through enhancing its sales organization and re-aligning its go-to-market strategy, while supporting the recruitment of industry leading leadership, and executing on an ambitious M&A agenda

EQT is pleased to announce that BPEA Private Equity Fund VII (“BPEA EQT”) has sold its remaining 26.6 percent stake in Coforge (the “Company”), listed on the Indian National Stock Exchange, through a USD 924 million block trade.

Headquartered in Noida, India, Coforge is a technology services provider offering application development and maintenance, infrastructure management services and business process outsourcing services to clients primarily within the financial services, insurance, and travel verticals. The Company’s proprietary platforms power critical business processes across its core verticals and it has presence in 21 countries globally with 26 delivery centers across nine countries.

BPEA EQT and co-investors acquired a 70.1 percent stake in Coforge in May 2019 and under BPEA EQT’s tenure, the Company has doubled its revenue and EBITDA, crossing USD 1 billion of revenue in April 2023. The growth has been driven by a combination of organic initiatives such as enhancing the sales organization, re-aligning focus on the three core verticals, building digital & AI capabilities, and executing a successful M&A strategy, including the acquisition of SLK Global. Coforge is a strong proponent of sustainability having pledged to be Carbon Neutral, Water Positive and Zero Waste by 2030.

Hari Gopalakrishnan, Partner and Co-Head of BPEA EQT’s Investment Advisory Team in India, commented, “Tech Services is a high conviction thematic for BPEA EQT and Coforge is benefitting from multiple sector tailwinds, such as AI enabling the existing apps estate, replacement of legacy systems and a continuing talent shift to Asia where countries like India have a deep STEM talent pool. The Company’s long and sticky client relationships and deep technical expertise make it integral to the performance of multiple global market leaders in the banking, insurance and travel sectors. We are proud to have supported Coforge and its mission over the past four years. It has been a pleasure partnering with CEO Sudhir Singh and his entire team and we look forward to following the next phase of Coforge’s growth.”

EQT Press Office,, +46 8 506 55 334

BPEA EQT is part of EQT, a purpose-driven global investment organization in active ownership strategies. BPEA EQT combines the private equity teams from Baring Private Equity Asia (BPEA) and EQT Asia, creating a comprehensive Asian private equity presence with local teams in eight cities across the region, a 25-year heritage, and more than USD 25 billion of capital deployed since inception. In addition to BPEA EQT, EQT’s strategies in the region include EQT Infrastructure and the real estate division EQT Exeter.

More info:
Follow EQT on LinkedIn, Twitter, YouTube and Instagram

About Coforge
Coforge is a global digital services and solutions provider that leverages emerging technologies and deep domain expertise to deliver real-world business impact for its clients. A focus on very select industries, a detailed understanding of the underlying processes of those industries and partnerships with leading platforms provides us a distinct perspective. Coforge leads with its product engineering approach and leverages Cloud, Data, Integration and Automation technologies to transform client businesses into intelligent, high growth enterprises. Coforge’s proprietary platforms power critical business processes across its core verticals. The firm has a presence in 21 countries with 26 delivery centers across nine countries.

More info: 

Categories: News


Thoma Bravo Completes Acquisition of ForgeRock; Combines ForgeRock into Ping Identity

Thomas Bravo

CHICAGO and SAN FRANCISCO and MIAMI and DENVERThoma Bravo and ForgeRock today announced the completion of Thoma Bravo’s acquisition of ForgeRock in an all-cash transaction valued at approximately $2.3 billion. The acquisition agreement was previously announced on October 11, 2022, and approved by ForgeRock stockholders at ForgeRock’s Special Meeting of Stockholders held on January 12, 2023.

Upon completion of the acquisition, ForgeRock stockholders are entitled to receive $23.25 in cash for each share of ForgeRock class A common stock and class B common stock they owned. ForgeRock’s class A common stock will no longer trade and will be delisted from the New York Stock Exchange.

Thoma Bravo also announced that it has combined ForgeRock into its portfolio company Ping Identity. The combined company is positioned to better serve customers across the dynamic and fast-growing Identity and Access Management market by providing enhanced products and services, broader geographic support, and increased innovation. The combined company will seek to accelerate the delivery of identity security experiences for the customers, employees, and partners of companies worldwide.

J.P. Morgan acted as exclusive financial advisor to ForgeRock, and Wilson Sonsini Goodrich & Rosati, P.C., acted as legal counsel to ForgeRock. Kirkland & Ellis LLP and Fried, Frank, Harris, Shriver & Jacobson LLP acted as legal counsel to Thoma Bravo.

About ForgeRock

ForgeRock® helps people simply and safely access the connected world. The ForgeRock Identity Platform delivers solutions for customers, employees, and connected devices, with more than 1,300 organizations using ForgeRock’s comprehensive platform to manage and secure identities with identity orchestration, dynamic access controls, governance, and APIs in any cloud or hybrid environment. For more information, visit or follow ForgeRock on social media: Facebook ForgeRock | Twitter @ForgeRock | LinkedIn ForgeRock.

About Ping Identity

At Ping Identity, we believe in making digital experiences both secure and seamless for all users, without compromise. That’s digital freedom. We let companies combine our best-in-class identity solutions with third-party services they already use to remove passwords, prevent fraud, support Zero Trust, or anything in between. This can be accomplished through a simple drag-and-drop canvas. That’s why customers choose Ping Identity to protect digital interactions from their users while making experiences frictionless. Learn more at

About Thoma Bravo

Thoma Bravo is one of the largest software investors in the world, with more than US$127 billion in assets under management as of March 31, 2023. Through its private equity, growth equity and credit strategies, the firm invests in growth-oriented, innovative companies operating in the software and technology sectors. Leveraging Thoma Bravo’s deep sector expertise and strategic and operational capabilities, the firm collaborates with its portfolio companies to implement operating best practices and drive growth initiatives. Over the past 20 years, the firm has acquired or invested in more than 440 companies representing over US$250 billion in enterprise value (including control and non-control investments). The firm has offices in Chicago, London, Miami, New York and San Francisco. For more information, visit Thoma Bravo’s website at and Twitter @ThomaBravo.

Forward-Looking Statements

This press release may contain forward-looking statements that involve risks and uncertainties, including statements regarding the merger and ForgeRock’s expectations following the merger. If any of these risks or uncertainties materialize, or if any of ForgeRock’s assumptions prove incorrect, ForgeRock’s actual results could differ materially from the results expressed or implied by these forward-looking statements. Additional risks and uncertainties include those associated with: (i) the nature, cost and outcome of any legal proceeding that may be instituted against ForgeRock and others relating to the merger; (ii) economic, market, business or geopolitical conditions (including resulting from the COVID-19 pandemic, inflationary pressures, supply chain disruptions, or the military conflict in Ukraine and related sanctions against Russia and Belarus) or competition, or changes in such conditions, negatively affecting ForgeRock’s business, operations and financial performance; (iii) the effect of the announcement of the merger on ForgeRock’s business relationships, customers, operating results and business generally; (iv) the amount of the costs, fees, expenses and charges related to the merger; (v) possible disruption related to the merger to ForgeRock’s current plans and operations, including through the loss of customers and employees; and (vi) other risks and uncertainties detailed in the periodic reports that ForgeRock has filed with the SEC, including ForgeRock’s Annual Report on Form 10-K filed with the SEC on March 1, 2023, ForgeRock’s quarterly reports on Form 10-Q filed with the SEC on May 9, 2023 and on August 8, 2023, respectively, and subsequent filings. All forward-looking statements in this communication are based on information available to ForgeRock as of the date of this communication, and ForgeRock does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by law.


Categories: News


IBM Completes Acquisition of Apptio Inc.

Vista Equity

With close of transaction, immediate synergies to be driven with IBM’s IT Automation Portfolio

ARMONK, N.Y., Aug. 10, 2023 /PRNewswire/ — IBM (NYSE: IBM) today announced it has completed its acquisition of Apptio Inc. after receiving all required regulatory approvals. The acquisition gives clients the ability to derive additional value through the powerful combination of Apptio and IBM.

Technology is a competitive differentiator for today’s enterprises. Organizations are accelerating their IT investments, spreading workloads and applications across public and private clouds, using multiple service providers. As a result, their expenses are increasing, and they need simplified, integrated, and automated solutions to optimize their IT spend, improve operations, and drive greater financial returns.


Today’s close brings together the industry-leading solutions of Apptio’s FinOps offerings, including ApptioOne, Cloudability and Targetprocess, and IBM’s automation portfolio of Turbonomic, AIOps and Instana to give clients a “virtual command center” for managing, optimizing and automating technology spending decisions.

With AI and foundation models top of mind for clients and partners, IBM will also augment its watsonx AI and data platform with Apptio’s $450 billion in anonymized IT spend data, unlocking new innovation, insight and value.

“The combination of Apptio products and IBM’s IT automation portfolio will give businesses a 360-degree technology management platform they can use to optimize and automate decisions across their IT landscapes,” said Rob Thomas, Senior Vice President, Software and Chief Commercial Officer, IBM. “We are bringing together market-leading and best-in-class solutions to continue to reshape IT from a cost center to a true competitive advantage, powered by automation and AI.”

Starting immediately, clients can leverage the early integration between Apptio and IBM through their Cloudability and Turbonomic offerings. This is an important first step as IBM looks to drive significant synergy across several key growth areas, including automation, Red Hat, IBM Consulting, and IBM’s broader AI portfolio.

Cloudability gives organizations the data, insights and recommendations needed to understand and eliminate waste from their cloud spend, while Turbonomic generates trustworthy optimization decisions that can be automated to unlock true cloud elasticity, getting rid of overprovisioning to protect performance. Together, these products can give clients full coverage for the “Inform,” “Optimize” and “Operate” stages of the FinOps Framework, providing what they need to control cloud spend without slowing innovation or negatively impacting operational performance.

Cloudability can ingest Turbonomic executed and proposed actions to provide a shared, single view across services that helps stakeholders understand the impact that has been, and can be, achieved by bringing these two leading IT automation offerings together.

Clients are already seeing the benefits of these solutions. With Cloudability, organizations can reduce cloud costs by 30% or more1 while allocating 100% of cloud program costs2 and increasing reservation coverage to over 90%3. With Turbonomic, they can improve cloud investments by 33% and get 30% of engineering time back.4

The close of the Apptio acquisition is one of a series of investments in IT Automation by IBM over the last three years to help solve the problems facing today’s IT and business leaders. In 2020, IBM launched its IT Automation portfolio when it announced its AIOps offerings that used AI and automation to help enterprises self-detect, diagnose and respond to IT anomalies in real time. Later that year, IBM acquired Instana, recognizing that modern applications and operations required real-time observability. Then, in 2021, IBM acquired Turbonomic which has specialized in helping clients optimize for application performance at the lowest cost with automation. Now, with the acquisition of Apptio, IBM will provide real-time data and actionable insights for leaders to make smarter spending decisions and realize value faster as they transform their operations.

Apptio is an established, growing, and profitable technology business management and FinOps leader with over 1,500 clients, serving more than half of the Fortune 100.

IBM previously announced a definitive agreement to acquire Apptio from Vista Equity Partners on June 26, 2023.

“Our journey with Apptio is a testament to Vista’s ability to create consistent outcomes that drive value for our stakeholders,” said Robert F. Smith, Founder, Chairman and CEO of Vista Equity Partners. “We are proud of our continued momentum, even amidst these challenged market conditions, and look forward to seeing how Apptio’s technology will bolster IBM’s IT automation and AI capabilities in the years ahead. It’s been an honor to partner with a visionary founder like Sunny and we wish the entire Apptio team the best in the next phase of their growth with IBM.”

About IBM
IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service. Visit for more information.

Press Contact:

Tim Davidson, 914-844-7847



Categories: News


Cegeka to Acquire CTG for $10.50 Per Share, Enhancing Value to Customers Across North America and Europe


09/08/2023 – 14:08 | Portfolio

Cegeka finds in CTG a partner that complements its customer and service portfolio and strengthens Cegeka’s capabilities and knowledge. Cegeka and CTG together can deliver enhanced value to customers across North America and Europe. Cegeka will acquire CTG for $10.50 per share in cash in a transaction valued at approximately $170 million. The acquisition is expected to bring Cegeka to an annual turnover in 2024 of €1.4 billion, employing over 9,000 people in 18 countries. 

HASSELT, BELGIUM/LIMBURG and BUFFALO, N.Y.—August 9, 2023: Cegeka Groep nv (“Cegeka”), a leading European IT solutions company, and Computer Task Group, Incorporated (Nasdaq: CTG) (“CTG”), a leader in North America and Western Europe helping companies employ digital IT solutions and services to drive their productivity and profitability, today announced that they have entered into a definitive agreement under which Cegeka agreed to acquire CTG for $10.50 per share of common stock in an all-cash transaction, representing an implied equity value of approximately $170 million.

CTG is a leading provider of digital transformation solutions with a strong client base across high-growth vertical markets, focused primarily on healthcare, finance, energy, manufacturing, and government. The Company had $325 million in 2022 revenue and $306 million in trailing 12-month revenue as of June 30, 2023. CTG operates in three segments: North America IT Solutions and Services, Europe IT Solutions and Services, and Non-Strategic Technology Services. Since 2018, CTG has transformed into a provider of recurring and higher-margin Solutions work, which has significantly expanded its gross margin from 19.1% in 2018 to 28.1% as of June 30, 2023.

This transaction aligns with Cegeka’s long-term strategic vision for growth and ambition. “This merger is a logical next step in the continuous growth journey of Cegeka. In CTG, we find a partner that complements our customer and service portfolio and strengthens our capabilities and knowledge,” said Stijn Bijnens, CEO of Cegeka.

“Together, we can deliver enhanced value to customers across North America and Europe. As we proceed with the acquisition process, we look forward to welcoming the employees of CTG across India, Colombia, Europe, and North America,” said André Knaepen, Chairman of the Board of Directors of Cegeka.

“We are excited to enter into this transaction with Cegeka, which is a testament to the significant efforts we have undertaken to drive our transformation strategy to make CTG a pure-play digital IT solutions provider,” said Filip Gydé, CTG President and CEO. “At CTG, our mission is to drive better, faster results for our customers with high-value digital transformation solutions. In Cegeka, we are pleased to have found a partner that will enable us to accelerate this important work. We are confident that joining with Cegeka is in the best interest of our employees, will continue to drive the high-value services and solutions our customers have come to expect, and will deliver immediate value to our shareholders.”

You can find the full press on the website of Cegeka

Categories: News


Bridgepoint to sell to Causeway


Bridgepoint, a global private equity firm, has announced it will exit from investment in, the world’s leading digital road management platform, as part of a majority purchase of the business by Causeway, a construction technology provider, backed by Five Arrows. Financial terms of the transaction were not disclosed.

The platform transforms how highways authorities, utilities companies and contractors plan, coordinate and communicate work zones by enabling cross-sector collaboration and seamless public engagement. The platform helps realise safer work zones and smarter journeys with digital connectivity that drives efficiency.

With more than 20,000 operational users and many millions of public citizens and road users, now underpins traffic operations and communications across the UK and the USA.

James Harris, CEO at, said:

“ has been at the forefront of transforming how road agencies collaborate and communicate. Since founding the business in 2011 we have brought digital transformation to the roadworks industry across the UK and are now replicating these improvements for agencies in the US. I would like to express my gratitude to Bridgepoint for their support and strategic insights that have been instrumental in our growth and expansion over the past few years.

“As we step into this new phase with Causeway, we share a common vision and values, and are excited about the opportunities this collaboration presents. The addition of’s platform with Causeway’s extensive product suite will deliver considerable benefits to our clients in the highways and utilities sector.”

Duncan Calam, Partner and Head of Bridgepoint Growth said:

“We identified as an exciting pioneer in the traffic management industry. The company’s innovative software is highly regarded by its customers, who use it to improve communication and reduce congestion – benefits that have a significant impact on both road users and the environment.

“We are incredibly proud to have been able to invest in Since our investment in 2018, we have worked closely with James Harris and the management team. During this period, the company has grown from being the UK market leader to a global business, more than tripling its revenue in the process.’s consistent growth and success are a testament to its unique and ground-breaking product, as well as its high-quality SaaS business model. We look forward to seeing the company’s progress in the years to come and wish the team every success with Causeway and Five Arrows.”

Phil Brown, Chief Executive of Causeway, said:

“The acquisition of further underlines our commitment to join up the workflow to provide one comprehensive, end-to-end offering for highways authorities and utility companies and their contractors to plan, monitor and communicate the management and maintenance of their assets. It’s also very exciting to be able to deliver this combined offer to the US market now.

“Combining with Causeway’s current infrastructure asset management solutions, including Causeway Alloy and Horizons, will streamline critical processes and deliver compelling insights to our customers.

“The integration of’s digital roadwork planning capabilities will significantly enhance our product portfolio and offer an unrivalled experience in managing the road infrastructure to improve efficiency and safety and help drive carbon savings. We look forward to a fruitful collaboration that will bring great value to our mutual clients.”

Categories: News


L Catterton Announces Completion of Continuation Fund to Extend its Partnership with PatientPoint Health Technologies


GlossGenius secures $28M in Series C Funding from L Catterton for its business-in-a-box platform serving SMBs in the beauty and wellness industry


Treebula secures SEK 28 million investment to realize the true value of forest and a greener future


Treebula, a pioneering Swedish company with a vision to unlock the true value of forests, announced today an investment of SEK 28 million from Industrifonden and existing owners. The new investment will fuel Treebula’s mission to become the leading source of forestry information and digital platform connecting forest owners, buyers, and other stakeholders.

Treebula secures SEK 28 million investment to realize the true value of forest and a greener future

In a world that urgently requires adaptation to climate change across all sectors, forests play a crucial role. Recognizing this importance, multiple industries are increasingly turning to wood and forests as part of the solution for a more sustainable future. Such a shift in demand necessitates accurate and accessible information and Treebula aims to fill this gap by offering forestry management services, including forest management plans, a carbon credits marketplace, and comprehensive information on various forest management methods and their impacts on climate, economy, and biodiversity.

Adam Aljaraidah, CEO and co-founder of Treebula, said: “Interest in forests and their multifaceted applications is rapidly growing. The demand for the forest’s diverse values is on the rise, not only in Sweden but also on an international scale. The timing is perfect for us to keep establish the natural conduit between forest owners and those who wish to realize the forest’s true potential. The investment from Industrifonden not only brings us a competent and experienced partner but also provides the resources we need to solidify our position in Sweden and expand internationally under the Treebula brand.”

With this investment, Treebula is poised to accelerate its growth trajectory, leveraging the expertise and financial support from Industrifonden. Furthermore, the new capital will enable Treebula to further enhance its digital platform, broaden its services, and extend its reach both domestically and globally.

Anna Haupt, Investment Director at Industrifonden, commented: “We find ourselves amidst a changing forestry landscape, with rising demand for both wood and carbon sequestration. This predicts an evolving industry, driven by digitalization and forest owners’ growing engagement in the importance of biodiversity as well as of financial values. Treebula also recognizes the potential in carbon credits once the market matures and we’re proud to support their mission of a greener future.”