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OPEN

Employees
140+
Customers
8,000
Fund
Status
Current
Country
Sweden
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 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 8,000 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.

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

– Christian Gyllenwaldt, Founder

Investment Team

Kristian Carlsson Kemppinen

Managing Partner, Head of Small Cap Strategy
Stockholm

Erik Ingemarsson

Partner
Stockholm

Henrik Geijer

Director
Stockholm