Multisoft is a provider of business process systems for its clients, leveraging its proprietary low code platform Softadmin®. The company develops bespoke solutions, which can be seamlessly integrated with other systems as needed. Since its inception, Multisoft has delivered more than 400 projects to a broad range of customers, including Volvo, Länsförsäkringar and Vattenfall. The company has grown revenues by 15% CAGR in the last four years on the back of strong demand for its services.
Multisofts was founded by Emil Gyllenring and Ivar Algvere, both still active within the Company. Multisoft is based in Stockholm and has ca. 80 employees.
Segulah Fund V acquired a majority shareholding in Multisoft in January 2021. The ambition with the investment is to support the Company in its next growth phase and strategic development. Segulah will partner with the founders and minority shareholders who have a ca. 40% shareholding in the Company.
Fund:
Segulah V
Sector:
IT/Technology
Acquisition:
2021
Turnover:
SEK 92m
Employees:
76
CEO:
Emil Gyllenring
Chairman:
Anders Skarin
Board members:
Percy Calissendorff
Johan Möllerström
Ivar Algvere
Christer Wallberg
Tomas Mora-Morrison
Ownership:
62% via Segulah V
Website:
https://www.multisoft.se/
| Name | Fund | Sector | Acquisition | Exit |
|---|---|---|---|---|
| Wilkenson Handskmakar´n | AB Segulah | Retail | 1994 | 1997 |
| Byggfakta Scandinavia | AB Segulah | Information services | 1996 | 1998 |
| EKH Ekonomihuset | Segulah I | Pension trusts | 1997 | 1999 |
| Modul-System | Segulah I | Vehicle interior fittings | 1999 | 2002 |
| Teli Service | Segulah I | Repair & logistic services | 1997 | 2002 |
| CCS, Clean Chemical | Segulah II | Skin- and eye care | 2003 | 2004 |
| EEN | Segulah I | Music & entertainment | 1999 | 2004 |
| Norfoods | Segulah II | Food | 2000 | 2004 |
| NVS Installation | Segulah II | HVAC installation | 2002 | 2006 |
| Previa | Segulah II | Occupational health | 2004 | 2007 |
| HMS Industrial Networks | Segulah II | Communication technology | 2004 | 2007 |
| Callenberg Group | Segulah II | Marine electronics | 2001 | 2008 |
| Kosan Crisplant | Segulah II | LPG supplies | 2004 | 2008 |
| Isaberg Rapid | Segulah III | Office supplies | 2007 | 2009 |
| Joy | Segulah III | Retail | 2006 | 2009 |
| NEA-gruppen | Segulah III | Electrical installation | 2006 | 2010 |
| Skandinavisk Kommunalteknik | Segulah III | Sewage systems | 2008 | 2011 |
| Exotic Snacks | Segulah III | Food | 2008 | 2011 |
| InfoCare | Segulah II | Electrical repair | 2004 | 2012 |
| Medstop | Segulah IV | Pharmacies | 2010 | 2013 |
| Scan Coin | Segulah IV | Cash handling | 2010 | 2015 |
| Almondy | Segulah III | Confectionery | 2008 | 2015 |
| S:t Eriks | Segulah III | Building products | 2005 | 2015 |
| PMC Group | Segulah III | Hydraulics | 2005 | 2015 |
| eTRAVELi | Segulah IV | IT/Technology | 2010 | 2015 |
| Kemetyl | Segulah III | Chemicals | 2007 | 2016 |
| Oglaend Industries | Segulah IV | Manufacturing & Industrial Goods | 2014 | 2017 |
| Docu Nordic | Segulah IV | B2B | 2014 | 2017 |
| Teknikmagasinet | Segulah V | Retail | 2015 | 2018 |
| Zengun | Segulah V | Construction | 2016 | 2019 |
| Mitt i | Segulah IV | Media | 2014 | 2019 |
| CCS Healthcare | Segulah IV | Healthcare | 2011 | 2019 |
| Gunnebo Industrier | Segulah III, Segulah IV | Industrial | 2008 | 2019 |
| Sandbäckens | Segulah V | B2B Services | 2016 | 2021 |
| Balco | Segulah IV | Manufacturing & Industrial Goods | 2010 | 2021 |
| Conapto | Segulah V | IT/Technology | 2018 | 2021 |
| Semantix | Segulah V | B2B Services | 2015 | 2021 |
