Priveq Invest - Omegapoint Group AB accelerates growth - Priveq Investment becomes new shareholder

Omegapoint Group AB accelerates growth - Priveq Investment becomes new shareholder

Newsdesk 30/6 13:33

Omegapoint Group, market leading experts within the area of IT security and the development of secure IT systems, announces that the company has partnered with Priveq Investment (?Priveq?). Priveq invests for a share of 40 percent of the company while the remaining shares are owned by management and employees.

Companies in all industries plan on how their business models should be designed in order to benefit from, and fit into, an increasingly digitalized environment. In addition to the requirements for functionality and ease of use, the historical shift from traditional channels and models to digital consumption and production places great demands on the security of digital applications and that all of these requirements work together in one way or another.

"The market development provides great growth opportunities for Omegapoint. With Priveq as a partner we strengthen the prerequisites for our continued growth, based on our market-leading skills in IT security and the development of secure IT systems " says Johan Malmliden, President and CEO of Omegapoint Group. "I look forward to gaining access to the skills and experience that Priveq possesses after building numerous successful companies in fast-growing markets for many years."

Omegapoint has grown to become Sweden's leading experts in secure digitalization by combining high quality system development with deep security skills in IT. The combination enables the company to offer its customers the resources, tools and the skills required to lead the development in their respective industries. Omegapoint is Sweden's leading partner in secure system development to companies within sectors such as banking and finance, automotive, media, as well as companies within the healthcare sector.

"With Priveq, a good foundation is set for reaching SEK 1 billion in sales over a few years, through organic growth complemented by selected acquisitions." Johan Malmliden concludes.

"We have followed Omegapoint's development for many years, and we are very pleased to get the opportunity to enter into a long-term partnership with Omegapoint and to develop the company along with their competent employees and to create opportunities for further profitable growth." says Henrik Jatko, Investment Manager at Priveq. ?Based on the strong platform of competence that Omegapoint has built up as well as their impressive customer list, we are convinced that Omegapoint has very good prerequisites to continue to strengthen their leading position within IT security and the development of secure IT systems.?

Keystone MCF and Nova Law Firm have been legal advisor to the sellers in the transaction.

For further information, please contact

Odd Bolin, Chairman of the Board in Omegapoint Group AB
E-mail:

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