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OPEN

Employees
c. 138
Customers
c. 13,000
Status
Current
Country
Sweden
Strategy
Small Cap
Sector
Business Services
Entry
Jun-16
Fund
IK SC I

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

OPEN (“the Company”) is a leading Nordic payment solution provider. Headquartered in Gothenburg, the Company offers a full-service product and software portfolio to its client base, including restaurants, casinos, arenas and other customer verticals.

With its in-house development capabilities and strong focus on innovation, OPEN can offer the entire value chain of payment solutions, making it a single point of contact for over 13,000 customers throughout the Nordics.

IK Partners acquired Open alongside the Chief Executive Officer / Founder in June 2016.

What Attracted us to the Business

  • Leading market position
  • Strong offering
  • Focus on innovation and high customer satisfaction

Our Value Creation Strategy

We are working alongside management to:

  • Continue to penetrate current customer verticals, locally as well as in the Nordic market;
  • Continue focusing on product development and innovation;
  • Strengthen organisation to support growth and potential expansion into other European markets; and
  • Selectively evaluate and pursue add-ons.

Quote from the Client

“IK shares our vision, and together we can achieve significant growth for the business.”

Christian Gyllenwaldt, Founder, OPEN

Investment Team

Kristian Carlsson Kemppinen

Managing Partner, Head of Small Cap Strategy
Stockholm

Erik Ingemarsson

Partner
Stockholm

Henrik Geijer

Director
Stockholm