Pivot completed the acquisition of a 90% stake in ImseVimse.

Pivot, a Swedish private equity fund, completed the acquisition of a 90% stake in ImseVimse, a provider of functional, reusable and high qualitative textile products. Financial terms were not disclosed. ”Finding solutions to how we can create better and healthier products, as a solution to our everyday needs, with an improved environmental footprint is a must. We are deeply impressed by what Marie and all the employees at ImseVimse have accomplished. They are spear-heading the development of reusable and environmentally friendly textile products – with a circular approach, which we find is just right timing-wise and something that is dear to our hearts. We are looking forward to contributing to ImseVimse’s continued journey and to take the company to new heights," Niklas Hofverberg, Pivot Partner.