QNTM Group, the technology investment fund controlled by private equity firm Altor Equity Partners, has announced the acquisition of a majority stake in the Norwegian software company Ibexa.
Ibexa offers a cloud-based Digital Experience Platform (DXP) that specializes in solutions for digital transformation in the B2B sector. Among Ibexa’s existing clients are the major French bank Crédit Agricole, the Financial Times, Whirlpool, Pierre Fabre, Aschehoug and Groupe Atlantic. This year the company will pass NOK 100 million in subscription revenues and is expected to grow between 10 and 15 percent.
The acquisition of Ibexa is QNTM’s third acquisition of 2021. QNTM’s goal is to build a pan-European offering encompassing a range of digitization-of-sales and marketing functions to service both the consumer and corporate markets.
ABG Sundal Collier acted as financial advisor to Ibexa in the transaction.
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