Swedish investment firm EQT agrees to invest $930M in Douzone Bizon, a South Korea-based provider of ERP and business software to SMBs, for a 37.6% stake
Atharva Singh / Reuters :
KKR invests in Infobric, a Stirling Square-backed Swedish company that offers software to the construction industry, sources say at a ~€600M valuation
Swetha Gopinath / Bloomberg :
Swedish AI startups Lovable, Legora, and Sana, which is set to be acquired by Workday, highlight a dilemma in European tech: sell out or bet on getting big
Swedish start-ups show dilemma over choosing between selling up or betting on becoming huge — Anton Osika's AI start …
KKR acquires a significant minority in Swedish travel tech firm Etraveli, sources say valuing it at ~€2.7B; Etraveli sells plane tickets to ~50M users per year
Swetha Gopinath / Bloomberg :
EQT agrees to sell Japanese automotive electronics manufacturer Pioneer for $1.1B to CarUX, a unit of Taiwan-listed Innolux specializing in smart cockpit tech
EQT AB agreed to sell Pioneer Corp. for $1.1 billion, marking the biggest exit in Japan for the Swedish buyout firm that sees Japan …
Private equity firm EQT sells a €3B stake in Swedish enterprise software company IFS to investors like the Abu Dhabi Investment Authority, valuing IFS at €15B
Ivan Levingston / Financial Times :
Fortnox CEO Tommy Eklund leaves the Swedish software provider effective immediately; Fortnox stock jumped nearly 5x between 2020 and 2024, drawing short sellers
Financial Times :
Sources: Swedish PE firm EQT acquires a “significant majority” stake in WSO2, valuing the enterprise API and identity management company at “more than” $600M
Paul Sawers / TechCrunch :
Sources: Swedish PE firm EQT acquires a “significant majority” stake in WSO2, valuing the enterprise API and identity management company at “more than” $600M
Paul Sawers / TechCrunch :
Swedish game developer Embracer Group plans to split into three publicly traded companies, focused on tabletop, indie, and AAA games; EMBRAC-B.ST jumps 5%+
- Embracer shareholders to get stock in new firms as dividend — Includes €900 million refinancing and new ownership structure