mynth
08/2023

ASSESSIO acquired by POLLEN STREET CAPITAL

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

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 [members only] in 2023, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.6x).

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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

SEK 250–500M

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (SEK)

Year
Rev
EBITDA
EBIT
2023
SEK 250–500M
SEK 50–100M
[members only]
2022
SEK 250–500M
SEK 50–100M
[members only]

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REFERENCES

Revenue range: SEK 250–500M

EBITDA range: SEK 50–100M

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