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IK Partners completed the acquisition of a minority stake in Sitevision.

Synopsis

IK Partners, a private equity firm, completed the acquisition of a minority stake in Sitevision, a software company. Financial terms were not disclosed. “Sitevision is a highly impressive outfit operating in an exciting and growing market space that has been subject to rapidly changing dynamics over the past few years. As organisations consciously adapt to new ways of working, the ability to interact with customers and employees efficiently has never been more critical. Anders and his team have built an outstanding reputation in Sweden as a provider of a secure, user-friendly, yet highly capable product offering. We look forward to working with them to further grow their offering and expand into neighbouring markets," Carl Jakobsson, IK Director at IK.

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