9Solutions, a provider of healthcare security and communication solutions, has been sold to ASSA ABLOY, highlighting a significant strategic move in the Nordic healthcare technology landscape.

Target Company Information

9Solutions, a portfolio company specializing in intelligent security and communication solutions for the healthcare sector, has been sold to ASSA ABLOY, a publicly listed company on the Stockholm Stock Exchange. The company was managed under Bocap Private Equity Oy’s Bocap PK Arvonkasvattajat II Fund, also referred to as Bocap SME Achievers Fund II. Bocap originally invested in 9Solutions in the fall of 2020 and is now completely divesting from the company through this transaction. While the terms of the deal have not been disclosed, it marks a significant milestone for both companies.

During Bocap's investment period, 9Solutions solidified its position as a leading provider of AI-based real-time location systems (RTLS) tailored to meet critical communication needs in healthcare. With a cloud-based, software-centric platform and a robust real-time positioning infrastructure, 9Solutions' solutions seamlessly integrate into various other critical healthcare systems. The support from Bocap allowed the company to scale significantly, multiplying its profitability and reinforcing its presence in the Nordic market. Currently, 9Solutions employs over 40 industry professionals and serves nearly 2,000 satisfied client organizations.

Industry Overview

In recent years, the Nordic healthcare sector has seen a growing emphasis on integrating advanced technology solutions to enhance operational efficiency and patient care. The demand for innovative technologies, such as real-time location systems, has surged as he