News June 25, 2024: Medpeople, Mavenoid, Essentiq, Skyresponse, xtal.works, VISS.AI, Grönska, Bower, Inex One, Done, Sigmastocks, and more
Here are today's news from Sweden's startup and tech sector, exclusively for you as subscriber of Swedish Tech News PRO.
Mergers & acquisitions
- Medpeople, the Stockholm-based digital service for healthcare staffing which was declared bankrupt in March, has been acquired by the Swedish healthcare staffing company Big Care, for an undisclosed amount (Swedish, machine translation).
- Some more details on Klarna's divestment of the Checkout business (KCO) announced yesterday, from this Di Digital article (paywalled):
- KCO will be renamed once the deal goes into effect in October.
- KCO is profitable and won't need additional financing.
- While the acquiring consortium is led by BLQ Invest founder and CEO Kamjar Hajabdolahi, BLQ Invest itself also participates in the deal.
- Kamjar Hajabdolahi will become CEO of KCO and step back from other operational roles.
- BLQ will look into synergies between KCO and its portfolio company Ingrid.
- KCO is market leader in the Nordics at the moment, and aims to become market leader in Europe.
- Breakit got hold of and read through an internal 84-page long document about the KCO deal, and summarizes details about financing, deal terms, additional participants in the consortium, and more (Swedish / Breakit paywall).
Funding news
