Announced

Completed

BLQ Invest and Systematic Growth completed the acquisition of Klarna Checkout from Klarna.

Synopsis

BLQ Invest, a private equity firm, and Systematic Growth, a financial company that provides investment, acquisition, marketing, and consulting services, completed the acquisition of Klarna Checkout, an online shopping service provider, from Klarna, an AI powered global payments network and shopping assistant. Financial terms were not disclosed. "Klarna Checkout is very dear to me, and the impact it’s had on Klarna's journey is immense. I'm so pleased it's finding a new home, with owners who are carefully handpicked to continue to create outstanding value for our merchant partners. I look forward to working closely with them as they establish the next phase for KCO", Sebastian Siemiatkowski, Klarna CEO and Co-Founder.

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