mynth
11/2010100%

Optimizely acquired by IK Partners

UNITED STATES Software / MarTech REV SEK 100–200M

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, which reported an EBITDA margin of [members only] in 2009, 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 in 2026).

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

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

[members only]

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (SEK)

Year
Rev
EBITDA
EBIT
2009
SEK 100–200M
[members only]
[members only]
2008
SEK 100–200M
[members only]
[members only]

Other operations with Optimizely

Other operations with Optimizely
DateAcquirerTargetCountrySector
09/2018INSIGHT VENTURE PARTNERSOPTIMIZELY (EX EPISERVER)UNITED STATESMarTech
12/2014ACCEL-KKROPTIMIZELY (EX EPISERVER)UNITED STATESMarTech

Other operations with IK Partners

Other operations with IK Partners
DateAcquirerTargetCountrySector
04/2026IK PARTNERSSELATEKSWEDENElectrical
03/2026IK PARTNERSDOMEK GROUPNETHERLANDSBrokerage
12/2025IK PARTNERSRHETORESFRANCEWealth & Asset Management
12/2025IK PARTNERSASCORAFRANCEBrokerage
11/2025IK PARTNERSENDRIX (EX SFC)FRANCEAccounting & Audit
08/2025IK PARTNERSFRANCKS KYLINDUSTRISWEDENHVAC (Heating/AC)
05/2025IK PARTNERSDATAPART FACTORINGGERMANYFactoring
05/2025IK PARTNERSBIOBANKFRANCEImplants & Prosthetics
05/2025IK PARTNERSKESTREL CAPITALIRELANDWealth & Asset Management
05/2025IK PARTNERSLOHOFF PENSION SERVICESGERMANYERP, HR & Finance

Similar deals in Software

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12/2011HG CAPITALIRIS SOFTWARE GROUPUNITED KINGDOMERP, HR & Finance
04/2011THE CARLYLE GROUPMETROLOGIC GROUPFRANCESupply Chain & Ops
09/2010KKRVISMA GROUPNORWAYERP, HR & Finance
08/2010HG CAPITALTEAMSYSTEMITALYERP, HR & Finance
03/2010HG CAPITALLUMESSE EX STEPSTONE SOLUTIONSGERMANYERP, HR & Finance
04/2008ARSEUSJULIE OWANDY (JULIE SOFTWARE + OWANDY)FRANCEHealthcare
05/2006HG CAPITALVISMA GROUPNORWAYERP, HR & Finance
12/2004BAIN CAPITALTEAMSYSTEMITALYERP, HR & Finance

REFERENCES

Revenue range: REV SEK 100–200M

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Optimizely by IK Partners 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.

Press release: view release

Target: optimizely

Acquirer: ik partners

FAQ

What transaction does this page cover?

This page covers IK Partners’s acquisition of 100% of Optimizely, an American company specialised in MarTech, in 2010. Ownership has since evolved, leading to a subsequent transaction with Accel-KKR in December 2014 (see the dedicated deal page for details).

What was Optimizely’s revenue at the time of the deal?

At the time of the transaction, Optimizely’s annual revenue was estimated within the SEK 100–200M range (FY 2009). Detailed financial figures are available to members.

How does the valuation of Optimizely compare to benchmarks in the TMT (Tech, Media, Telecom) sector?

Transaction multiples for this specific deal are exclusively reserved for mynth members. By way of comparison, in 2026 companies in the TMT (Tech, Media, Telecom) sector are valued at a multiple of 14.6x EBITDA.

What sources support the information on this transaction?

The details of this transaction are sourced directly from the official corporate announcement published on the parties’ institutional website, ensuring primary-source verification of the closing and perimeter.

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