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Neqst joins KSMG as a new major shareholder

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The Swedish company KSMG, whose digital recruitment services are used by customers such as Siemens, Atlas Copco and AstraZeneca, will have a new ownership structure when Neqst becomes the majority owner.

Neqst invests in technology-related companies and is an active and long-term owner. With Neqst's many years of experience in both operational management and investments, they are uniquely positioned to add value to growth companies like KSMG.

Since the start in 2010, KSMG has built up a position as the leading Swedish player when it comes to recruitment and employer branding on social media. With both services and digital solutions, KSMG helps companies to find the right talent in a hot labor market in a cost-effective way. Amar Singh, CEO and founder of KSMG, sees great opportunities for expansion in both existing and new markets.

– Our position on the market is very strong. With the help of Neqst, we will be able to take the next step and get new opportunities for growth. We will invest heavily in our sales, marketing and our development team, all to reach new customers and continue to offer the highest customer value possible. We see Neqst as an active and long-term owner who contributes with their knowledge on how to handle strong growth and enter new markets.

Over the past ten years, Neqst has invested in eleven companies, as well as seventeen additional acquisitions, where all companies are carefully selected with a special focus on finding the right team of entrepreneurs. The portfolio includes, for example, the now listed company CLX Communications and unlisted companies such as XLENT, HDR, Digital Route and CatalystOne.

– KSMG is a fine and fast-growing company in an expansive market. We have all the prerequisites to be able to create stable and profitable growth. We see great opportunities for expansion and also to create synergies with our existing portfolio companies ", says Tobias Edvardsson, partner at Neqst and new Chairman of the Board of KSMG.

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