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OPTIMIZELY (EX EPISERVER)

Acquired by

IK PARTNERS

UNITED STATES Software / MarTech REV 100m SEK - 500m SEK 11/2010

Target

OPTIMIZELY (EX EPISERVER)

Acquirer

IK PARTNERS

Context

IK Investment Partners has acquired 100% of EPiServer Group AB from a consortium of sellers, including Amadeus Capital, Northzone Ventures, and other investors. The acquisition is driven by EPiServer’s track record in a fast-growing digital engagement market. IK aims to leverage its investment experience to accelerate EPiServer’s organic growth, both within the Swedish market and internationally. The investment thesis relies on EPiServer’s product suite (which bridges content, commerce, and communication) being well-positioned to capitalize on strong structural market drivers.

OPTIMIZELY (EX EPISERVER), which reported an EBITDA margin of LOGIN in 2009, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (12.8x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Optimizely is a global provider of digital experience solutions, offering a comprehensive platform that integrates intelligent content management, digital commerce, and omnichannel marketing automation. Headquartered in the United States, the company serves a diverse portfolio of mid-to-large scale enterprises, enabling them to streamline the end-to-end customer journey through its flagship "Digital Experience Cloud." By leveraging artificial intelligence and machine learning, Optimizely provides organizations with the tools necessary to deliver highly personalized and data-driven interactions across multiple digital touchpoints. From a market positioning perspective, Optimizely is widely recognized by industry analysts as a Leader in the Digital Experience Platform (DXP) and Web Content Management (WCM) segments. It competes effectively against legacy enterprise suites by offering a more agile, cloud-native architecture that facilitates faster time-to-market. The company's business model is primarily driven by a high-margin Software-as-a-Service (SaaS) revenue stream, supplemented by a robust global partner ecosystem that handles large-scale implementations.

Ent. Value

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Equity Value

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Multiples Analysis

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (SEK)

Year
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EBITDA
EBIT
2009
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2008
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Other operations with OPTIMIZELY (EX EPISERVER)

DateAcquirerTargetCountrySectorDeal Context
12/2014ACCEL-KKROPTIMIZELY (EX EPISERVER)UNITED STATESSoftware

The IK Partners has reached an agreement to sell EPiServer to Accel-KKR (AKKR). This transaction represents an exit for the private equity sponsor following a multi-year investment period characterized by significant internationalization and product portfolio expansion. Under the stewardship of the previous owner, the company broadened its service offerings and strengthened its global footprint through both organic development and the acquisition of e-commerce and search capabilities. The transition to AKKR is intended to support the company’s next phase of growth, with a specific focus on leveraging AKKR’s resources to better serve customers, particularly within the North American region. This change in ownership allows the management team to continue its strategy of market leadership while maintaining business continuity and pursuing new commercial opportunities in the digital marketing and e-commerce sectors.

REFERENCES

Authors: mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: optimizely (ex episerver)

Acquirer: ik partners