Priveq Investment IV has successfully divested 21grams to Belgian fintech company Unifiedpost Group, after a period of significant growth through acquisitions and market expansion.

Target Company Overview

21grams is a leading company based in Stockholm that specializes in optimizing and digitizing large volumes of communication for businesses. With a workforce of approximately 70 employees, the company has achieved an impressive revenue generation of around 770 MSEK. Its clientele includes notable organizations such as AGA, Länsförsäkringar, Rädda Barnen, ST1, Tele2, Unicef, and Vasakronan.

During its ownership period under Priveq Investment IV, 21grams has expanded notably, achieving organic growth and making several acquisitions that have enabled the company to enter new markets and broaden its service offerings. Since Priveq's initial investment, 21grams has seen its revenue increase from roughly 500 MSEK to 770 MSEK, alongside enhanced profitability.

Industry Overview in Sweden

The digital services industry in Sweden is characterized by rapid growth, driven by increasing demand for digital transformation across various sectors. Companies are continuously seeking inno