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OPEN

Status
Realised
Country
Sweden
Strategy
Small Cap
Sector
Business Services
Entry
Jun-16
Exit
May-24
Fund
IK SC I
Website
openpos.tech
News
IK Investment Partners to partner with the founder of payment solution provider OpenSolution
OpenSolution acquires Lindberg & Frisk AB
OpenSolution teams up with Finnpos
OpenSolution to join forces with KDR and CashPoint
New brand launches next generation payment solutions

Leading Nordic point of sale and payment solution provider with a full service product offering

OPEN (“the Company”) is a leading Nordic point of sale (“POS”) and payment solutions provider offering a full-service product software portfolio to its client base, within its selected customer verticals: Food & Beverage (including strong positions in arenas, cruise and casinos) and Fuel & Charging.

With its in-house software development capabilities and strong focus on innovation, the Company covers the entire value chain of POS and payment solutions, making it a single point of contact for more than 13,000 customers throughout the Nordics. The Company is headquartered in Gothenburg, Sweden.

IK Partners acquired Open alongside the founder in June 2016, before exit in May 2024.

Our Value Creation Strategy

During our ownership, we worked alongside management to:

  • Further integrate acquired companies to increase operational efficiency and extract synergies; and
  • Focus on product development and innovation to enable growth.