Setterwalls assists Priveq Investment and the other shareholders with divestment of Omegapoint

Setterwalls assists Priveq Investment and the other shareholders with divestment of the IT consultancy company Omegapoint to FSN Capital. The deal marks an end to a strong collaboration, during which four add-on acquisitions have been made that have added niche competence and geographical spread to the business.

Omeagpoint is a leading expert consulting firm which specializes in secure digitalization and cybersecurity. In recent years, the demand for the services offered by the company has increased and the company’s customers are found in a variety of sectors, e.g. within banking, automotive, media and healthcare. The company has approximately 400 employees and is located in Stockholm, Gothenburg, Malmö, Uppsala and Umeå. Several employees are currently shareholders in Omegapoint and through a reinvestment in connection with completion of the transaction, the company will continue to be employee-owned to 33 percent.

Closing will take place after receipt of customary approvals from the Swedish Competition Authority, which is expected during the second quarter of 2021.