Tag Archives: Information technology

SmartBear Acquiring Zephyr To Expand Its Market Leading Test Management Portfolio And Strengthen Atlassian Marketplace Alliance

Franciso Partners

The Addition of Zephyr for Jira, the No. 1 Grossing App on the Atlassian Marketplace, to the SmartBear Portfolio Will Create the Most Comprehensive Set of Test Management Solutions

SOMERVILLE, Mass. and SAN JOSE, Calif. — SmartBear, the leader in software quality tools for teams, will acquire Zephyr to create the most comprehensive set of test management solutions in the market. With this acquisition, SmartBear reinforces its commitment to provide software development teams with the most innovative tools to build, test, and monitor great software, faster. The popularity of Zephyr for Jira has catapulted it to become the No. 1 grossing app on Atlassian Marketplace with 18,000 teams using its tools to execute over 40 million tests. SmartBear will continue to extend and deepen the Zephyr product line and strengthen its relationship with Atlassian by leveraging SmartBear tools to bring more value to the users of the Atlassian Marketplace.

“We are thrilled to have Zephyr join the SmartBear team,” said Justin Teague, CEO of SmartBear. “The acquisition of Zephyr will establish SmartBear a leader in test management and broaden our portfolio of high-impact, easy-to-use tools, which includes SoapUI, TestComplete, SwaggerHub, CrossBrowserTesting, Collaborator, and AlertSite.”

Test management is a critical component of being able to develop, test, and deploy high quality software at the speed digital businesses demand. However, each software development teams’ test management requirements are unique, depending on their development methodology, organizational structure, and processes. By adding Zephyr to the portfolio, SmartBear will offer the most comprehensive set of test management offerings in the market. Zephyr for Jira supports Atlassian customers that want native test management inside Jira, Hiptest supports Agile and DevOps teams embracing Behavior Driven Development (BDD) and Continuous Testing, and Zephyr Enterprise supports enterprises looking for a modern replacement for HP Quality Center.

“We created Zephyr to help organizations continuously improve efficiencies and collaboration for their software testers and developers,” said Scott Johnson, CEO of Zephyr. “By leveraging the industry expertise and array of SmartBear solutions, our customers will continue to benefit from the tools they know and love, while now being able to solve additional software development challenges related to building, testing, and monitoring software applications across the UI and API layer.”

“The Atlassian Marketplace makes it seamless for Atlassian’s more than 125,000 customers to extend the functionality of their Atlassian tools,” said Scott Farquhar, CEO of Atlassian. “We are thrilled to work more closely with SmartBear moving forward to advance the Zephyr product line and also bring more SmartBear industry-leading software development and testing tools into the Atlassian Marketplace.”

“There is a growing need for integrated lifecycle management tools to support a variety of software development environments,” said Carl Lehmann, Principal Analyst at 451 Research. “SmartBear’s acquisition of Zephyr is representative of the accelerating trend we see in modern digital enterprises to strengthen support for diverse development and testing toolchains.”

About SmartBear Software

Supporting more than six million software professionals and over 22,000 companies in 194 countries, SmartBear is the leader in software quality tools for teams. The company’s products help deliver the highest quality and best performing software possible while helping teams ship code at nearly impossible velocities. With products for API testing, UI testing, code review and performance monitoring across mobile, web and desktop applications, http://smartbear.com equips every development, testing and operations team member with the tools to ensure quality at every stage of the software cycle. For more information, visit: http://smartbear.com, or for the SmartBear community, go to: LinkedIn, Twitter or Facebook.

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Industrifonden leads €1.2 million seed round in Formulate

Industriefonden

Formulate Team

We are very happy to announce that we are leading the €1.2 million seed round in retail promotions pioneer Formulate. Existing angel investors also participates in the round. The round enables the company to continue to grow the tech team, and let more retailers to optimise their promotions.

For many retailers, promotions are one of the single largest items in the marketing budget. At the same time, most traders still go with the gut feeling as the basis for promotion investment decisions worth millions. Therefor, 20-50 procent of all promotions generate no noticeable sales lift. Formulate want to change that, and let retailers take control of their promotions.

– Retail is changing fundamentally. Both physical stores and e-commerce need to work more data-driven and customer-friendly to remain relevant. Formulates service gives retailers deep understanding of a large part of their marketing, that previously been too complex to understand. We are truly impressed by Formulate’s drive and product focus, says Sara Resvik, Investment Manager at Industrifonden.

Formulate DecisionCloud is the first easy-to-use analytics platform in the market that gives retailers the facts and forecasts they need to make better promotion decisions. Using technology based on AI, Formulate detects complex patterns in retailers transaction data and let them see which products, discounts, brands and suppliers that grow their business. Formulates DecisionCloud analyzes standard receipt data from both e-commerce and physical retailers, and takes into consideration how purchases for non-discounted goods and categories are influenced by promotions, how season and weather are driving sales, and what deals are the most effective in different parts of the assortment.

– We’re thrilled to start working with Industrifonden. The investment enables us to do more in less time, which is needed as retailers have to pick the right technologies and implement fast to make themselves relevant. Easy-to-use AI that helps retailers make better business decisions is the future, and we believe our service can dominate how retailers optimize promotions, says Andreas Willgert, founder and CEO of Formulate.

We are truly excited to join Formulate on their journey to allow more retailers to control the profitability of their promotions. Welcome to the family!

About Formulate
Formulate is a Swedish start-up whose AI platform let retailers take control of their promotions.  Read more on www.formulate.se

 

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Bridgepoint Growth invests in software services provider Elgin

Bridgepoint

Bridgepoint Growth has made a growth capital investment in Elgin, the home of roadworks.org, the local and national planning, management and communications hub for roadworks, road closures and traffic disruptions. The terms of the transaction are not disclosed.

Co-founder Shane O’Neill said: “We began several years ago with a vision to aggregate official traffic information across hundreds of different official sources. We have achieved a substantial market coverage within England, Scotland & Wales serving the traffic management community and developed a suite of software tools which syndicate official and real-time traffic data into the global satnav providers and other media outlets.”

CEO and co-founder James Harris added: “Our ambition is to build on our strengths in providing traffic management solutions in the UK and to play a major role in supporting the growth of autonomous vehicles and Smart Cities worldwide, leveraging our uniquely close relationships to the global satnav providers. Today’s investment by Bridgepoint Growth will allow us to accelerate our growth ambitions and extend and develop our range of services.”

Duncan Calam, a partner of Bridgepoint Growth, said: “This is an opportunity for Bridgepoint Growth to invest in a high quality, SaaS annuity business and to help it internationalise. Elgin is at the heart of the digital transport revolution, producing cost effective real-time software solutions for the world of connected vehicles and genuinely helping highway authorities to reduce congestion and costs”.

Advisers involved in this transaction were: for Bridgepoint Growth – KPMG (FDD and Tax), Taylor Wessing (Legal), Cross Lake (ITDD) and Marsh (Insurance); for Elgin – WTA Partners (M&A) and Gowling WLG (Legal)

This investment is made by Bridgepoint Growth I, a fund which  focuses on companies seeking equity investment between £5 million and £15 million that use digital technologies to achieve transformational growth in their end-markets.

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OAKLEY CAPITAL to invest in CPANEL

oakleycapital

Oakley Capital Private Equity III (“Fund III”) is pleased to announce an agreement to invest in cPanel.  WebPros BV, the holding company that owns Plesk and Solus VM, is acquiring a majority stake in cPanel from its founder J. Nick Koston. Fund III first invested in WebPros in April 2017 in order to acquire Plesk, which has performed very strongly since. The transaction is partly funded by an extension of the unitranche debt facility from WebPros’ existing lender TPG.  Fund III will make a further investment of $50 million into WebPros as part of this transaction. The transaction is subject to regulatory approval.

Established in 1997 by CEO J. Nick Koston, cPanel provides one of the internet infrastructure industry’s most reliable and intuitive control panel software platforms.  With its rich feature set and customer first support, the fully-automated hosting platform empowers infrastructure providers and gives customers the ability to administer every facet of their website using simple, point-and-click software.  Based in Houston, Texas, cPanel employs over 220 colleagues and has customers in more than 70 countries.

This transaction is a continuation of Oakley’s strategy to acquire leading internet infrastructure software businesses.  It will keep its companies’ products active, supported and developed.  Oakley is committed to making significant investments into, and growing headcount in, cPanel’s Houston headquarters.

Peter Dubens, Managing Partner of Oakley Capital Private Equity, commented:

“We are delighted to have the opportunity to acquire one of the most well-respected businesses in internet infrastructure software.  Oakley has significant experience of investing in this sector, and we look forward to working with Nick and the team to continue cPanel’s growth.”

Nick Koston, CEO of cPanel, Inc. commented:

“This investment reflects a great step forward for cPanel.  Our team has developed software that contributes to the success of millions of websites operating globally and looks forward to continuing to do so with the same passion that our loyal  customers have come to love.  This investment will give internet infrastructure providers access to a wider range of software, features and support.  I am excited about what the future holds for the company and the great team at cPanel.”

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IrisVR Brings VR to Construction Industry with First Ever Navisworks Integration to Support BIM

Azure Capital

NEW YORK, Aug. 14, 2018 /PRNewswire/ — IrisVR, the leading immersive design review and collaboration software for the Architecture, Engineering, and Construction industries, is thrilled to announce a new native Beta integration between Prospect and Autodesk Navisworks as part of their latest release.

As the first Navisworks plugin built for VR, this integration will deliver a premium immersive experience that puts comfort and performance first. You can expect:

Launch Navisworks files in VR with one click in IrisVR Prospect 2.3.
Launch Navisworks files in VR with one click in IrisVR Prospect 2.3.
  • Real time performance
  • Low latency
  • Locomotion best practices
  • Access to BIM metadata
  • Experiences running at 90FPS

This new Navisworks beta integration will let construction and engineering teams quickly launch 3D models in VR, meaning faster, more efficient model reviews. The ability to capture issues in the model before construction begins will save thousands of dollars and avoid delays.

While Prospect users have been exporting FBX files from Navisworks and importing them into Prospect for months, the workflow required extra steps that the IrisVR team wanted to eliminate. Now, engineering and construction firms can bring their 3D models into VR with just one click, so they can easily:

  • Perform visual clash detection and evaluate complex systems
  • Review models with accurate spatial relationships and true-to-scale layouts
  • Coordinate trades in 1:1 scale across the project
  • Collect feedback from construction and operations staff
  • Improve collaboration and communication among teams

“While the architecture community and some construction firms have been early adopters of VR, the Navisworks plugin now enables construction teams to perform design review, QA/QC, and coordination in 1:1 scale, taking out the ambiguity of 2D coordination and driving much clearer communication,” says IrisVR Co-founder and CEO, Shane Scranton.

The first beta release supports a basic geometry and file structure export that will allow you to select individual elements in VR. IrisVR is already working to expand these capabilities to provide support for full BIM data, advanced clash detection, project timeline tools, and more. For a look at how the Navisworks plugin works watch this quick video.

IrisVR Co-founder and CTO, Nate Beatty, says of the Navisworks integration launch, “Over the next few months the IrisVR team will continue investing in the development of this integration, focusing on improving the efficiency and expanding the capabilities. We strive to make VR model reviews and project planning as intuitive, efficient, and productive as possible – and we will do our best to deliver on that promise.”

The new Prospect release also includes other features beyond the Navisworks integration that enhance design review workflows for AEC professionals. A new feature will allow users to hide or unhide any selected element which provides greater visibility into the inner workings of a building. Improved teleportation with a door fade feature, section capping, and Multiuser Meeting host controls are also included in this launch.

Prospect is available on a monthly or annual subscription basis, with three pricing tiers starting at $50/month. The Navisworks plugin is available to customers on any tier.

AEC firms across 105 countries have been using Prospect to improve design communication internally and with clients, speed up design approvals, collaborate with teams all over the world, and coordinate across disciplines. For more information and to start a free 45-day trial of Prospect, visit irisvr.com.

About IrisVR

IrisVR creates the leading software tools for immersive design review and collaboration. Prospect by IrisVR is a desktop product used by design firms, BIM and VDC teams, and engineers to instantly communicate design intent and regularly collaborate with stakeholders around the world. Because IrisVR integrates with Revit, Rhino, SketchUp, Navisworks, and other 3D tools out of the box, you can generate immersive walkthroughs in less than 10 seconds. Try Prospect free for 45 days.

SOURCE IrisVR

Related Links

http://irisvr.com

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EQT invests in China Shine, a fast-growing facility management service provider

eqt

  • EQT Mid Market Asia acquires a 40% stake in China Shine, a fast-growing facility management service provider with a focus on the Chinese market
  • The strategy is to support Shine’s continued growth and development of a broader service scope, as well as further geographical expansion, to become a national integrated facility management service platform
  • EQT is partnering with the current management of Shine, which remains as majority shareholders and will continue to drive the growth strategy

The EQT Mid Market Asia III fund (or “EQT Mid Market Asia”) has acquired a 40% stake in China Shine (Cayman) Co. Ltd. (“Shine” or the “Company”) from the current management shareholders. Shine’s management team will, under the joint leadership of Jack Zhou, CEO and Chairman, Sally Wu, COO and Alan Pang, General Manager, continue to lead and drive growth and development of the Company.

Founded in 2016 in Shanghai, Shine offers general cleaning, support, building maintenance, security and integrated facility management services across China. The two-year-old company is on track to achieve annual sales of RMB 200 million (USD 30 million) in 2018. Under the leadership of the current management team, which possesses more than 20 years of industry experience, Shine has demonstrated remarkable growth since inception and is today a fast-growing facility management service provider with a stable customer base.

With a strong management team and support from EQT’s industrial network and previous experience within facility management, Shine is well-positioned to capture the attractive growth opportunities in the under-penetrated and highly fragmented facility management market in China. The strategy includes continued growth, both organically and through add-on acquisitions, and development of a broader service scope as well as further geographical expansion, with the ambition to become a fully-integrated national facility management service platform.

Shine has also announced the strategic alliance with Shanghai East Asia Hong’An Cleaning Service Co. Ltd., a company focusing on Shanghai’s prime commercial and office building vertical.

Jack Zhou, CEO and Chairman of Shine, says: “We are excited to work together with EQT and further develop Shine into an integrated facility management service platform. With its industrial and operational growth-focused approach, EQT is the ideal partner for Shine”.

Martin Mok, Partner, Head of EQT Mid Market Asia and Investment Advisor to EQT Mid Market Asia III, concludes: “We are impressed by the management’s vision, vast industry experience and entrepreneurial spirit. EQT looks forward to the new partnership and the focus going forward will be on geographical and service scope expansion, while maintaining high service quality and customer satisfaction”.

The parties have agreed not to disclose the transaction value.

Contacts
Martin Mok, Partner, Head of EQT Mid Market Asia and Investment Advisor to EQT Mid Market Asia III. + 852 2971 5877
EQT Press Office +46 8 506 553 34

About EQT
EQT is a leading investment firm with approximately EUR 50 billion in raised capital across 27 funds. EQT funds have portfolio companies in Europe, Asia and the US with total sales of more than EUR 19 billion and approximately 110,000 employees. EQT works with portfolio companies to achieve sustainable growth, operational excellence and market leadership.

More info: www.eqtpartners.com

About Shine
Shine is a fast-growing facility management service provider with a strong cleaning business in Eastern China and across China. The Company also offers support, building maintenance, security and integrated facility management services. Founded recently in 2016, Shine is on track to achieve annual sales of RMB 200 million (USD 30 million) in 2018.

More info: www.zxchinashine.com

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Main Capital acquires healthcare communication SaaS specialist Enovation

Main Capital

Main Capital acquires Enovation, a Dutch market leading player in delivering mission-critical software solutions for secure communication in the healthcare and logistics markets. Selling shareholder, VANAD Group, provider of technology solutions and services related to customer experience will remain involved with Enovation post-acquisition via a minority stake. Enovation is based in Capelle aan den IJssel and delivers leading and innovative SaaS solutions for the Dutch healthcare and logistics markets. Well-known products include the ZorgMail, xdsConnect and myhealthConnect platforms and the healthcare interoperability solution Cloverleaf. Enovation’s products and related services support clients with the secure exchange of patient data within and between healthcare institutions as well as between healthcare professionals and patients. This enables healthcare professionals to deliver high-quality care, leveraging accurate and real-time information.

Enovation was founded in 1983 and has been part of the VANAD Group since 2013. Following its foundation, the company positioned itself as the most specialized software vendor and innovator in the secure healthcare communication domain. Enovation employs approximately 135 employees and generates tens of million euro’s in revenues. Over the years, the company strengthened its product portfolio with new innovative products, acquisitions of strategically interesting products and  complementary partner products. These developments allow Enovation to deliver a one-stop-shop solution enabling clients to securely exchange patient data by leveraging efficient IT integrations. The company is active in practically all healthcare segments and serves almost all Dutch hospitals, ambulance services, general practitioners, pharmacies, dentists, paramedical care providers and municipalities.

The healthcare market is characterized by complex IT systems in which individual participants use different communication standards. This hinders secure and efficient patient data exchange between IT systems of different healthcare institutions and between healthcare practitioners. The recently implemented European privacy regulation accelerates the need for healthcare institutions to implement secure communication solutions. Moreover, cost pressure on healthcare spending have led to an increased focus on efficient cooperation between parties in the healthcare value chain. The products of Enovation enable healthcare institutions and other stakeholders in the healthcare sector to exchange information in a safe and efficient manner, irrespective of the existing IT systems and with maximum protection against data leaks.

Going forward, Enovation will further capitalize on the trend towards Connected Healthcare. The company developed the myhealthConnect product, a hardware-agnostic software platform enabling care providers to monitor patients on distance. One of the benefits associated with myhealthConnect is that healthcare institutions have maximal flexibility in selecting monitoring devices and IT applications from various vendors. This prevents a lock-in while the software allows to securely connect these devices and applications with an organization’s own IT infrastructure. This secure efficiency gain enables high-quality remote care, reducing general practitioner visits and helping patients to live at home longer.

Enovation’s ambition is to grow towards a leading SaaS player in the northwest European healthcare market. The company will focus on realizing further organic growth and on the further development of innovative products. In addition to organic growth, Enovation will strengthen its product proposition and international market position by following a selective buy-and-build strategy.

The VANAD Group was advised by ING Corporate Finance and NautaDutilh.

 

Cooperation Enovation – Main Capital

Arthur Nederlof (CEO VANAD Group): “Over the past 35 years, Enovation has grown to a company associated with a high level of quality, an excellent culture, an exceptional client base, an outstanding (cloud) product portfolio, an increased level of own IP developed innovative software products, ample international growth potential and above all, a passionate team. We believe that Main Capital is the right partner to support Enovation to grow towards the next level. Going forward, the VANAD Group will focus on its Customer Experience propositions, the core activity that the VANAD Group is well-known for. The future looks promising for both Enovation and the VANAD Group”.

Charly Zwemstra (Managing Partner Main Capital): “Enovation offers innovative, mission-critical healthcare solutions facilitating internal- and external information exchange for healthcare institutions. With these solutions, the company facilitates the rising demand for healthcare cooperation. We see ample potential to organically grow within the current focus markets, in which the myhealthConnect and xdsConnect products particularly will play an important role. Additionally, we see ample opportunities for a buy-and-build strategy enabling Enovation to further grow in adjacent product- and market segments in the Netherlands and abroad. We would like to thank the VANAD Group for their trust in Main Capital and look forward to the cooperation with Enovation’s management team, led by Jeroen van Rijswijk and Marcel van der Velden.”

 Enovation

About Enovation

For over 35 years, Enovation is the specialist for secure healthcare communication solutions. The company focuses on facilitating information exchange between- and within healthcare institutions and between healthcare institutions and patients. The company’s product proposition comprises own developed IP solutions complemented with solutions of partners. The solutions are based on (international) standards and can be seamlessly integrated with existing processes and IT systems of healthcare institutions.

About Main Capital

Main Capital is a strategic investor with an exclusive focus on the software sector in the Benelux, Germany and Scandinavia. Within this sector, we are the most specialized party in management buy-outs and later-stage growth capital. Main Capital has approximately € 400 million under management for investments in mature but growing software companies in the Netherlands and Germany. An experienced team of professionals manages these Private Equity funds from offices in The Hague and Düsseldorf. Main Capital has a strong footprint in the healthcare SaaS market and acquired companies like SDB Ayton, Verklizan, RVC Medical IT and The Patient Safety Company before.

The current investment portfolio of Main Capital consists of growing (SaaS) software companies such as GOconnectIT, JobRouter (Germany), Inergy, MUIS Software, artegic (Germany), OBI4wan, Axxerion, b+m Informatik (Germany), Ymor, Roxit, Onguard, Sharewire, SecondFloor, Sofon and ChainPoint. Main Capital also has an interest in managed hosting provider Denit. Main Capital has a long-term perspective with the intention to build larger strong software groups. Main Capital has realized many successful exits such as recently Regas, Connexys (to Bullhorn) and ABIT / EuroSystems. Main Mezzanine Capital is another business line of Main Capital Partners and has provided mezzanine loans to, among others, The Valley, TravelBird, Talkwalker, Worldmeetings and BTC.

About VANAD Group

The VANAD Group is an internationally innovative family business. Over 1500 employees from all over the world work daily on innovative services and solutions for our customers. Over the years since 2005, VANAD Group has developed into a specialist in the field of digitization. Our assets are state-of-the-art technical knowledge, creative intelligence and most of all Happy People! We digitize activities where we cannot make a genuine, personal difference. In our approach and solutions we simply focus on being human. Because that is where we have the opportunity for real impact, human impact!

 

Note for the editor:
For more information, please contact:

Charly Zwemstra (Managing Partner)
Main Capital Partners BV, Paleisstraat 6, 2514 JA, Den Haag
Tel: +31 (0) 70 324 3433 / +31 (0) 6 512 77 805
charly@main.nl
www.main.nl

Arthur Nederlof (CEO)
VANAD Group, Rivium Westlaan 1, 2909 LD Capelle aan den IJssel
Tel: +31 (0) 10 288 1600 / +31 (0) 6 204 14 199
arthur@vanadgroup.com
www.vanadgroup.com

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Industrifonden exits OP5 – acquired by ITRS Group

Industriefonden

We are excited to announce that our portfolio company OP5 has been acquired by ITRS Group, the leading provider of real-time monitoring and analytics for financial services.

OP5 is a global leader in providing IT monitoring and log analysis technology built by enhancing the open source software of Nagios/Naemon and ELK (ElasticSearch, Logstash & Kibana). OP5 addresses the needs of enterprise customers by providing greater scalability, APIs for controlling the software and its configuration, and enhanced visualisation of the data. OP5’s 600+ customers include data centre providers, telecommunications, automotive and financial services.

Industrifonden made an initial investment in OP5 in 2004, together with other shareholders through their part ownership of KTH Seed Capital. OP5 has had a positive development the past years with a strong footprint in the market and a long list of well-known customers, both in Scandinavia and abroad. ITRS acquisition of OP5 also included OP5 Inc., the US subsidiary of OP5.

We strongly believe that the acquisition by ITRS creates excellent opportunities for a continued, positive development of OP5, says Martin Gemvik, Investment Manager at Industrifonden.

For more information on the acquisition: ITRS Group acquires OP5 to expand monitoring & log file analytics offering. 

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TeleComputing acquires Swedish IT-company Excanto

ik-investment-partners

TeleComputing, a leading provider of centralised IT operations, outsourcing and system integration in the Nordic SME market, has acquired Excanto. Excanto is an industry leader in IT-solutions for real estate in Sweden, providing  swift access to the internet through its own fiber networks, and offering secure and high-speed infrastructure.

TeleComputing was acquired by the IK VII Fund in March 2016.

For more information, please see www.telecomputing.no 

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Nordic Capital acquires Macrobond – one of the leading providers of macroeconomic analytical solutions

Nordic Capital

Nordic Capital will support Macrobond in its vision to become the global platform of choice for people working in financial and economic research.Nordic Capital acquires Macrobond - one of the leading providers of macroeconomic analytical solutions Image

Nordic Capital Fund IX announces its acquisition of Macrobond, one of the world’s leading providers of research systems and macroeconomic and financial time series data from primary and third-party sources. Nordic Capital will support Macrobond on its growth journey and will invest to further strengthen the company’s market position. The company’s management team and also founders are reinvesting alongside Nordic Capital. This acquisition is the fifth investment by Nordic Capital’s latest fund, Fund IX, and builds on Nordic Capital’s recognised expertise and outstanding track record in the fintech sector.

Macrobond was founded in 2008 in Malmö, Sweden, with the intention of developing a better way for people to perform economic and financial research. Today, customers include central banks, investment banks, hedge funds, corporates, asset managers and universities. The company is well-positioned in an attractive segment of the global information services market, which is experiencing growth driven by strong industry trends such as productivity, user friendliness and integrated solutions. Macrobond has 156 employees, of which 90 are employed in data acquisition and development teams and offices in Europe, Asia, and the United States.

The company has developed a global and scalable SaaS application that offers an extensive database of macroeconomic and financial time series data coupled with powerful and dynamic analysis and charting tools. The application enables users to access and navigate time-series data and to mine data faster, automate repetitive tasks and simplify the workflow.

“Nordic Capital is one of the most prominent and experienced investors in the fintech sector in the Nordic region and therefore the ideal partner to continue supporting Macrobond’s growth strategy. With our unique database, tailored access and applications, they will support us as we continue to realise our vision to become the platform of choice for people working in financial and economic research worldwide,” says Tomas Liljeborg, CEO, Macrobond.

“The demand of financial big data analysis and visualisation is increasing continuously and Macrobond’s management team has an outstanding proven track record in financial software analytics. We look forward to working with them to expand Macrobond’s offering and its leadership as the platform of choice. With our long-term experience of accelerating growth in companies, we are confident that Nordic Capital is a great partner to support Macrobond on its growth journey,” says Fredrik Näslund, Partner at the Advisor to the Nordic Capital Funds.

The parties have agreed to not disclose the financial details of the transaction.

Nordic Capital was advised by a group of leading international advisory firms including Arma Partners and KPMG.

 

Media contacts:

 

Nordic Capital

Elin Ljung, Director of Communication and Sustainability
Advisor to the Nordic Capital Funds
Tel: +46 8 440 50 50
e-mail: elin.ljung@nordiccapital.com

Macrobond

Tomas Liljeborg, CEO
Tel: + 46 40 693 1709
e-mail: tomas.liljeborg@macrobond.com

 

About Macrobond:

Macrobond Financial is a young and rapidly expanding, international company with offices in Europe, Asia, and the United States. Its flagship product, the Macrobond application, is a single platform that combines an extensive macroeconomic and financial database with easy-to-use tools for analysis and smart data visualisation.

The application gives users access to a continuously maintained and updated global database. Data is procured from primary sources such as central banks, statistical agencies, and regulatory agencies as well as international sources such as OECD and IMF. This integrated research solution allows users to go from selecting data to immediately applying a broad range of analyses in a way that is both easy to work with and facilitates customization and full control. With the built-in charting, presentation and online-publishing tools users can deliver professional -looking charts and reports with minimal input and time, and minimize the tasks associated with maintaining and updating publications. Macrobond’s clients are professionals from both small and large private companies, organisations, and governmental institutions around the world. For further information about Macrobond please visit www.macrobond.com

 

About Nordic Capital

Nordic Capital is a leading private equity investor in the Nordic region with a resolute commitment to creating stronger, sustainable businesses through operational improvement and transformative growth. Nordic Capital focuses on selected regions and sectors where it has deep experience and a proven track record. Core sectors are Healthcare, Technology & Payments, Financial Services, Industrial Goods & Services and Consumer & Retail, and key regions are the Nordics, Northern Europe, and globally for Healthcare. Since inception in 1989, Nordic Capital has invested EUR 12 billion in over 100 investments. The most recent fund is Nordic Capital Fund IX with EUR 4.3 billion in committed capital, principally provided by international institutional investors such as pension funds. The Nordic Capital Funds are based in Jersey and are advised by advisory entities, which are based in Sweden, Denmark, Finland, Norway, Germany and the UK. For further information about Nordic Capital, please visit www.nordiccapital.com

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