Formation of Quadriga Systems Ltd.
MIMIR INVEST AB, a global investment firm acquiring mature and growing companies, today announces its acquisition of substantially all assets and certain liabilities from Quadriga Holdings Ltd and affiliates, forming the new Quadriga Systems Ltd. headquartered in the United Kingdom.
Quadriga is a leading global hotel entertainment software solutions provider, it serves about 100,000 hotel rooms globally, many of these with the most distinguished international hotel chains.
”We are highly excited about this strategic acquisition in the software as a service space. Combining Mimir’s deep technology and investing expertise with the high quality staff, installed base and technology of Quadriga, means there are very few limits for what we can do with this business. Mimir is the ultimate buyer of the company, bringing experienced hotel entertainment software expertise to Quadriga” said Jeff Bork, Managing Partner, Operations, Mimir.
The acquisition of Quadriga is Mimir’s fourth platform acquisition since the New Year, following a string of carve-out deals from multinational companies such as Saint Gobain plc. and Epiroc plc., further strengthening Mimir’s position as one of the leaders in European special situations investing.
Mimir is a global investment firm acquiring non-core business units of larger corporations and private companies that need operationally oriented ownership. We deliver transaction solutions to demanding Sellers in many industries. Our team has specific expertise in manufacturing, industrials, pharma & chemicals, medical devices, software & hardware, and paper & pulp. In addition Mimir maintains an IoT and Industry 4.0 team of experts. The partners of MIMIR combine senior operating backgrounds with extensive experience from executing complex multijurisdictional M&A transactions. The Mimir Group of companies has combined turnover of more than EUR 300 million.
For any inquiries about the transaction or Mimir, please contact:
Joakim Notö, Managing Partner, M&A, email@example.com, +46 (0) 739 86 36 37