Mimir Invest divests all shares in Quadriga Systems Ltd.
MIMIR, a global investment firm acquiring mature and growing companies, announces its divestment of all shares in Quadriga Systems Ltd.
Quadriga is a leading global hotel entertainment software and content solutions provider based in the United Kingdom with operations globally. Mimir acquired Quadriga during spring 2019 through a UK scheme of arrangement.
The acquisition of Quadriga was Mimir’s fourth platform acquisition since the start of 2019, following a string of complex carve-out deals from multinational companies such as Saint Gobain, Epiroc and others, and solidifying Mimir’s position as one of the leaders in European special situations investing.
Since the formation of Quadriga, Mimir has actively worked together with the outstanding staff of Quadriga building the formation of a strong new Quadriga Group. On the Mimir end this work has been carried out by Mimir’s operations and M&A groups focusing on strategic work streams positioning Quadriga for strong growth in key markets and continued technology leadership.
About Mimir:
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. Mimir’s IOT4 Team is the internet of things and Industry 4.0 team bringing added value to Mimir’s portfolio investments. The partners of MIMIR combine senior operating backgrounds from a range of industries, with extensive experience from executing complex multijurisdictional M&A transactions.
For any inquiries about the transaction or Mimir, please contact:
Joakim Notö, Managing Partner, M&A, joakim.noto@mimirinvest.com, +46 (0) 739 86 36 37