Tag Archives: Software

EcoOnline AS acquires 100% of ChemiControl ApS

“We are extremely pleased to see our two companies join forces. This will contribute to the service and quality our customers expect in Denmark”, says Henrik Stig Andersen, founder and Chief Developer. “EcoOnline has the resources and competency to take the business forward”, says Per Mølgaard Thorsen, the co-founder and CFO.

“ChemiControl is a great company with a great product, a superb team, and many professional customers. We really look forward to working together and unlocking the synergies in the Nordic region”, says Øyvind Thorsen, CEO of EcoOnline AS.

EcoOnline AS acquires 100% of ChemiControl ApS with effect from May 25, 2016. ChemiControl ApS develops and offers software for Chemical Inventory Management in the Danish market with its head office in Aarhus, Denmark. EcoOnline AS develops and offers software for Chemical Documentation Management in the entire Nordic region with its head office in Tønsberg, Norway.

ChemiControl ApS is a market leader in Chemical Inventory Management software in Denmark. Visit chemicontrol.com.
EcoOnline AS is a market leader in Chemical Documentation Management software in the Nordics. EcoOnline is a company in the Viking Venture portfolio. Visit ecoonline.com.

Contact:
Viking Venture: Erik Hagen, Managing Partner, +47 920 22 430
EcoOnline A/S: Øyvind Thorsen, CEO, phone +47 33 01 68 08

More news about EcoOnline:
Viking Venture invests in EcoOnline AS

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Itiviti AB established to deliver powerful trading and connectivity offering built for the future

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Market leaders Orc Group and CameronTec Group unite and create Itiviti, a new force in trading software and services for the global capital markets.

Stockholm, SWEDEN, February 2, 2016 – The management of Itiviti AB today introduced a newly named company and brand, marking the completion of the previously announced unification of Orc Group, a global market leader in electronic trading technology for listed derivatives and CameronTec Group, the global standard in financial messaging infrastructure and connectivity. Itiviti holds market leading positions in several areas from the outset, and the combination significantly expands the customer proposition for banks, brokers and trading firms.

Itiviti will continue to build partnerships with its customers, using the natural fit between Orc and CameronTec to launch a new and even more powerful portfolio: fully modular, transparent and flexible solutions for end-to-end trading, routing, connectivity and risk.

Headquartered in Stockholm, Sweden, Itiviti has truly global capabilities, with 400 staff located in 13 offices worldwide, covering all major financial centers. The company has a track record of delivering innovative, world class trading and financial infrastructure solutions to the capital markets across all geographies and regulatory landscapes.

“We are delighted to present our new company,” says Torben Munch, CEO, Itiviti AB. “We are doing so with the confidence of two established, successful brands, Orc and CameronTec with solid track records in our industry. By combining our respective skill sets in technology, products and services we can deliver a broad, yet advanced, high-performance platform. We feel that Itiviti holds a new and unrivaled position in terms of ability to meet specific customer requirements, ease of integration, and adaptability to changes in market structure and regulation.”

Joining CEO Torben Munch (formerly Orc Group CEO) on Itiviti’s executive management team are Tony Falck, Executive Vice President, Chief Financial Officer, Troels Philip Jensen, Executive Vice President, Chief Operating Officer, Anders Henriksson, Executive Vice President, Head of Business Unit Global Services & Chief Growth Officer, Jonas Hansbo, Executive Vice President, Chief Strategy Officer, and Klaus Andersen, Executive Vice President Global Engineering. Per E. Larsson will serve as Itiviti’s Chairman of the Board. Larsson has been a member of the Boards of Orc Group and CameronTec Group since 2012 and served as Chairman on both Boards at the time of the combination.

Itiviti continues to develop, market, and support existing technology platforms, products and brands, including Orc Tbricks and Catalys. The combination also allows Itiviti to address a wider range of customer requirements for trading technology and infrastructure, with new products and services. Through state-of-the-art, integrated solutions built for the future, Itiviti will enable real cost savings for clients across all regions and markets.

All Itiviti solutions are backed by a highly skilled, global services organization. Through combining client and industry insight with technology expertise, Itiviti is uniquely positioned to provide effective support to its customers. Itiviti’s team of experts are available for tasks such as daily technology support, system configuration and integration, and tailored trading solutions and strategies.

Itiviti’s Managed Services offers a fully managed solution to replace in-house trading infrastructure, reducing cost of ownership and allowing customers to concentrate fully on core trading activities. The high-performance, low latency Itiviti ecosystem includes market connectivity, systems operations, monitoring, backup and failover procedures.

About Itiviti
Itiviti is a world-leading technology provider for the capital markets industry. Trading firms, banks, brokers and institutional clients rely on Itiviti technology, solutions and expertise for streamlining daily operations, while gaining sustainable competitive edge in global markets.

With 13 offices and serving more than 400 customers worldwide, Itiviti was formed by uniting Orc Group, a leader in trading and electronic execution, and CameronTec Group, the global standard in financial messaging infrastructure and connectivity. From its foundation in 2016, Itiviti has a staff of 400 and an estimated annual revenue of SEK 700 million.

Itiviti is committed to continuous innovation to deliver trading infrastructure built for today’s dynamic markets, offering highly adaptable platforms and solutions, enabling clients to stay ahead of competitive and regulatory challenges.

Itiviti is owned by Nordic Capital Fund VII.

www.itiviti.com

For further information, please contact:
Torben Munch, CEO, Itiviti AB, Tel. +45 2223 4789
Christine Blinke, CMO, Itiviti AB, Tel. +46 739 01 02 01

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Data Respons strengthens its position in Services in Sweden

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Sylog Sverige AB, a subsidiary of Data Respons, has entered into an agreement to acquire 100 % of the shares in South Pole Consulting AB.

South Pole Consulting has 10 employees located in Stockholm and are experts in embedded Linux. The acquisition strengthens Sylog’s position as a leading player within embedded services in Stockholm.
South Pole Consulting expects a turnover of SEK 12 million for 2016 with an operating margin of approximately 10 %. The company will be consolidated into Data Respons’ financial statements from 2016.

An agreement has been reached for a cash consideration of SEK 2.8 million with additional payments depending on the company’s development over the next two years.

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Nordic Capital acquires world-leading innovative research technology provider Cint

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Nordic Capital Fund VIII (‘Nordic Capital’) has acquired Cint, a leading global player in the insights data collection technology market. Nordic Capital will support Cint’s successful position as a leading global platform, aiding continued accelerated growth in an industry where consumers are becoming increasingly mobile and digital, and brand marketing spend is shifting to online.

Nordic Capital acquires Cint from a large shareholder group that includes Prime Ventures, Creandum, Cipio Partners, the founder, and a group of individual investors and employees.

Fredrik Näslund, Partner at NC Advisory AB, advisor to the Nordic Capital Funds said: “Nordic Capital is impressed by the quality and efficiency of Cint’s technology, its strong value proposition to its customers and the quick adoption of the technology. The company is ideally placed to add value to both suppliers and buyers of research panels as a fully automated, truly global platform. Nordic Capital looks forward to supporting the management team in further accelerating Cint’s growth as well as investing in further development of the company and its products.”

Cint’s CEO Morten Strand added: “We are very pleased that Nordic Capital has chosen to invest in Cint. Nordic Capital’s extensive experience of successfully developing and growing technology businesses, in cooperation with management and employees, suits us very well and gives us the opportunity to continue our positive development. In the age of accelerating digital transformation in consumer insights and behaviour, we will together continue to be a leader in technology innovation for the market research industry.”

Cint’s main product is OpinionHUB, a B2B exchange for seeking and collecting insights. The platform connects the buy-side – typically a market research firm that needs to access panellists for consumer research – with the sell-side, the companies owning consumer panels. This allows the customer easy access to a specific number of pre-defined, deeply profiled panellists in a specific country, region or local area in the world, through the platform’s self-service and real time matching algorithms.

Since launching its OpinionHUB panel marketplace platform in 2005, Cint has rapidly evolved in a technology centric environment and has established a profitable business model, which benefits the whole value chain when working with consumer surveys, as it reduces time and costs for all parties. Cint has a track record of launching industry ‘firsts’ that have raised standards in innovation, transparency and quality within the market research world.

Cint is headquartered in Stockholm, Sweden and has 13 offices in major cities across Europe, North America and Asia-Pacific. The company has over 140 employees. Cint has enjoyed exponential growth and development over the last 10 years, and targets above 30% growth annually on average. With Nordic Capital as the new owner, Cint will continue on its rapid growth path, securing a leading position in the sector.

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

The investment is subject to approval by the relevant authorities.

Press contacts:

Nordic Capital
Katarina Janerud, Communications Manager
NC Advisory AB, advisor to the Nordic Capital Funds
Tel: +46 8 440 50 50
e-mail: katarina.janerud@nordiccapital.com

Cint
Morten Strand CEO
Tel: +46 709702974
e-mail: morten.strand@cint.com

 

About Cint

Cint provides access to opinions by innovating market research technology. The company reaches over 19 million people in over 65 countries, all sourced via 800 different panels owned by publishers, local media outlets, market research agencies and non-profits. Cint’s exchange platform, OpinionHUB, a fully transparent insight marketplace, brings together questions and answers from all around the world. Cint is headquartered in Stockholm, Sweden and has offices in major cities across Europe, North America and Asia-Pacific. For more information, please see www.cint.com

About Nordic Capital

Nordic Capital private equity funds have invested in mid-market companies primarily in the Nordic region since 1989. Through committed ownership and by targeting strategic development and operational improvements, Nordic Capital enables value creation in its investments. Nordic Capital Funds invest in companies in northern Europe and in selected investment opportunities internationally. The most recent fund is Nordic Capital Fund VIII with EUR 3.5 billion in committed capital, principally provided by international institutional investors such as pension funds. Nordic Capital Funds are based in Jersey, Channel Islands, and are advised by the NC Advisory companies in Sweden, Denmark, Finland, Norway, Germany and the UK. For further information about Nordic Capital please see www.nordiccapital.com

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