Exsitec

August 2017

BUYER

Standout Capital is a Stockholm-based private equity firm investing in growing Nordic tech companies. Standout Capital’s investment strategy is to support the digital transformation in business and society. The founders and investment team build on experience in entrepreneurship, investments and finance. The Standout Capital I fund is SEK 1 billion.

TARGET

Exsitec is a fast-growing IT consulting company providing business system software, including ERP, business intelligence and mobile solutions to medium-sized companies in Sweden. The Company works with leading systems like Visma Business, Visma.net, QlikView / Sense, Effect Plan, Mobigo and MediusFlow. Exsitec’s customer base consists of over 500 companies across several industries including many renowned enterprises e.g. Fonus, Linas Matkasse and Tele2. The Company is headquartered in Linköping, has regional offices in Stockholm, Gothenburg, Malmö, Örebro, Sundsvall and Söderhamn, and employs 120 people. Exsitec has grown from SEK 30 million to nearly SEK 130 million in revenues over the past five years.

SELLER

Founder Jesper Linde, CEO Johan Kallblad and investor Syntrans AB

TRANSACTION

Structured auction process with industrial and financial buyers.