PRESS RELEASE
Göteborg December 16, 2015
House of Ports, a company offering services within trademarks and domains, brings Priveq Investment fund IV (“Priveq”) in as growth partner. The current owners, who are also the founders, will be a part of the owner group together with management and the board of directors. During the last 20 years, House of Ports has built a stable platform with recurring revenues and good profitability and has in connection with Priveq’s principle ownership created conditions for growth on current and new markets.
House of Ports is offering complete solutions for internet strategies and trademark rights, as well as sophisticated IT solutions and web development. The company has created a unique position in an environment characterized by globalization, increased focus on protection of trademarks as well as rapidly increasing e-presence. In connection with increased infringements on trademark rights as well as domain rights and in combination with increased e-presence, customers have seen an increased need to be able to take a holistic approach over trademarks and domains forming two sides of the same coin.
The company was founded in 1994 and has today a turnover of SEK 100m with good profitability. House of Ports has 56 employees with headquarters in Mölnlycke, Göteborg. The company has a broad international customer base characterized by companies with strong trademarks seeing their presence on the internet as strategically important, such as Apoteket, Betsson, Gunnebo, Spotify and VolvoFinans.
”We are very pleased to have Priveq Investment as growth partner in House of Ports. It will be exciting to work with Priveq in our continued growth”, says Annelie Liljeqvist, CEO of House of Ports.
“House of Ports’ uniqueness in offering complete solutions in the borderland between law and technique for trademarks and domains is a very exciting growth area. The company has a strong platform with a strong customer base and recurring revenues. For a long time, the company’s staff and management have created value for their customers and we look forward to work together and develop the company further.” says Louise Nilsson, Partner and Investment Manager at Priveq Advisory, advisor to the Priveq funds.
Nordic Investment Solutions acted as advisor to House of Ports and its owners in connection to the transaction.
For more information, please contact:
Louise Nilsson, Partner and Investment Manager, Priveq Advisory AB
Mob: +46 709 50 95 50
louise.nilsson@priveq.se
Annelie Liljeqvist, CEO House of Ports
Mob. +46 31 720 20 00
annelie.liljeqvist@ports.se
