Deal Details

Qmatic Is Acquired by Valsoft

Technology & Services

Qmatic, a portfolio company of Altor, sale to Valsoft

Summary

Qmatic Group AB (“Qmatic” or the “Company”), a portfolio company of Altor Equity Partners (“Altor”), announced that it has been acquired by Valsoft Corporation Ireland (“Valsoft”). Terms of the transaction were not disclosed.

Baird served as exclusive financial advisor to Qmatic and Altor on this transaction.

About

Qmatic is a global leader in reshaping connections between people and services for truly excellent customer experiences. Working seamlessly with partners all over the world, the Company provides over 2 billion customer journeys every year, on more than 65,000 systems, in over 120 countries and across several sectors such as finance, healthcare, retail and public services. Creating a world where everyone can access the services they need. Qmatic is headquartered in Mölndal, Sweden.

Since inception, the family of Altor funds has raised more than EUR 12 billion in total commitments. The funds have invested in just south of 100 companies. The investments have been made in medium-sized predominantly Nordic and DACH companies with the aim to create value through growth initiatives and operational improvements. Altor is headquartered in Stockholm, Sweden.

Valsoft acquires and develops vertical market software companies that deliver mission-critical solutions. A key tenet of Valsoft’s philosophy is to invest in established businesses and foster an entrepreneurial environment that shapes a company into a leader in its respective industry. Valsoft looks to buy, hold and create value through long-term partnerships with existing management. Valsoft is headquartered in Montreal, Canada.

Technology & Services

Qmatic, a portfolio company of Altor, sale to Valsoft