When was ASSESSIO acquired by POLLEN STREET CAPITAL?

ASSESSIO was acquired by POLLEN STREET CAPITAL in 2023.

What was the revenue of ASSESSIO at the time of the deal?

The revenue of ASSESSIO at the time of the deal is estimated to be in the range of 250M - 500M SEK.

What was the EBITDA of ASSESSIO during the acquisition?

ASSESSIO's EBITDA is estimated to be in the range of 50M - 100M SEK.

How is the data for the ASSESSIO acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the ASSESSIO deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.unquote.com/nordics/official-record/3029899/main-capital-s-assessio-to-be-sold-to-pollen-street

← DATABASE

Home Database TMT (Tech, Media, Telecom)ASSESSIO

08/2023

ASSESSIO acquired by POLLEN STREET CAPITAL

SWEDEN Software / ERP, HR & Finance REV 250M - 500M SEK

Context

Pollen Street Capital has acquired a majority stake in Assessio from Main Capital Partners. This transaction marks the culmination of a successful transformation phase where the company pivoted from a consultancy-driven model to a scalable SaaS business. The deal provides an exit for Main Capital, which tripled the company's revenue during its four-year holding period through aggressive international expansion and bolt-on acquisitions in the Benelux and Nordic regions. Pollen Street Capital intends to continue this "Buy-and-Build" strategy, supporting the management team to further consolidate the fragmented European assessment market and drive product innovation in AI-driven talent analytics.

ASSESSIO, which reported an EBITDA margin of in 2023, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.3x).

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

Target

Headquartered in Stockholm, Assessio is a leading Nordic provider of digital talent assessment solutions. Founded originally in the 1950s as a psychology consultancy, the company has successfully transformed into a pure-play SaaS platform. Its "Ascend" platform helps HR teams automate recruitment decisions and leadership development using scientifically validated psychometric tests. Under Main Capital's ownership, Assessio expanded beyond Sweden, building a strong presence in the Netherlands and Denmark through strategic acquisitions (including HFMTalentindex and People Test Systems).

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (SEK)

Year

Rev

EBITDA

EBIT

2023

2022

Similar deals in Software

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
10/2023	SANDVIK	ESCO	GERMANY	Supply Chain & Ops
09/2023	HG CAPITAL	NOMADIA	FRANCE	Supply Chain & Ops
08/2023	EQT PARTNERS	SUSE	GERMANY	Software
08/2023	IDOX	EMAPSITE	UNITED KINGDOM	Construction / Real Estate
07/2023	SANTIANE	APPLI-KEY	FRANCE	Financial Services / Banking
05/2023	SILVER LAKE	TEAMSYSTEM	ITALY	ERP, HR & Finance
05/2023	TA ASSOCIATES / MONTAGU PRIVATE EQUITY	HARVEST	FRANCE	Financial Services / Banking
05/2023	EDENRED	REWARD GATEWAY	UNITED KINGDOM	ERP, HR & Finance
05/2023	LIGHT & WONDER	SCIPLAY CORPORATION	UNITED STATES	Gaming & Consumer Apps
04/2023	SUMMIT PARTNERS	DOCTRINE	FRANCE	Industry-Specific Software

REFERENCES

Revenue range: 250M - 500M SEK

EBITDA range: 50M - 100M SEK

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ASSESSIO by POLLEN STREET CAPITAL are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: assessio

Acquirer: pollen street capital