M&A Deal Summary

Unifiedpost Group Acquires 21 Grams AB

On December 23, 2020, Unifiedpost Group acquired information technology company 21 Grams AB from Priveq

Acquisition Highlights
  • This is Unifiedpost Group’s 4th transaction in the Information Technology sector.
  • This is Unifiedpost Group’s 1st transaction in Sweden.

M&A Deal Summary

Date 2020-12-23
Target 21 Grams AB
Sector Information Technology
Buyer(s) Unifiedpost Group
Sellers(s) Priveq
Deal Type Add-on Acquisition

Target

21 Grams AB

Stockholm, Sweden
21 Grams AB is a provider of postal management to corporate customers in the Nordics by leveraging its technology leadership in postage optimization, in combination with its unique set of knowledge and experience of post, print and document management software. 21 Grams was established in 2004 and is based in Stockholm, Sweden.

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Buyer(S) 1

Buyer

Unifiedpost Group

La Hulpe, Belgium

Category Company
Founded 2001
Sector Information Technology
Employees1,042
Revenue 191M EUR (2022)
DESCRIPTION

Unifiedpost Group is an international BPaaS provider of integrated business process optimization solutions including complete document delivery and processing solutions, complemented by payments, financial supply chain, credit management, and secure e-identity solutions. Unifiedpost Group was formed in 2001 and is based in La Hulpe, Belgium.


DEAL STATS #
Overall 5 of 5
Sector (Information Technology) 4 of 4
Type (Add-on Acquisition) 5 of 5
Country (Sweden) 1 of 1
Year (2020) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-23 BanqUP BVBA

Berchem, Belgium

BanqUP is an API-driven platform for open banking solutions, allowing banks and fintech companies to access a number of European banking APIs. It helps TPPs and banks quickly access the open banking ecosystem and analyze banking data, allowing them to create bold and innovative solutions, as well as cross-sell and up-sell their existing product. BanqUP was formed in 2016 and is based in Berchem, Belgium.

Buy -

Seller(S) 1

SELLER

Priveq

Stockholm, Sweden

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1983
PE ASSETS 6.3B SEK
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Priveq is a private equity firm that invests in privately owned, small and medium-sized Scandinavian companies. Priveq targets profitable businesses with strong market positions and growth potential. The Firm looks to invest SEK 5 – 200 million in companies with sales typically greater than SEK 100 million. Priveq generally seeks equity between 30 and 70 percent in portfolio companies. The Firm will invest in a wide range of industries, but avoids real estate. Prospective transaction types include MBOs and growth capital financings. Priveq Investment was formerly known as Skandia Investment AB. The Firm was formed in 1983 and is based in Stockholm.


DEAL STATS #
Overall 24 of 34
Sector (Information Technology) 1 of 2
Type (Add-on Acquisition) 10 of 12
Country (Sweden) 23 of 31
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-20 Mentice

Gothenburg, Sweden

Mentice is a developer, marketer and sells turnkey medical simulators. The simulators are used to educate and train surgeons for various types of surgery and instruments. Very high growth is forecast for the medical simulation products market, because simulator-based training significantly enhances patient safety and is substantially more cost-efficient than traditional training methods. Mentice was established in 1998 and is based in Gothenburg, Sweden.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-14 Industri-Matematik

Linkoping, Sweden

Industri-Matematik is a provider of supply chain software solutions for the retail value chain. IMI focuses on performance-driven customer fulfillment using sophisticated analytic applications that provide a granular view of critical data for real-time, complex decision-making. Industri-Matematik was founded in 1967 and is based in Linkoping, Sweden.

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