Inteno Group AB, a fast-growing supplier of products and software solutions for fiber-based infrastructure and data communications, has found renewed ownership in an investment consortium group led by Accent Equity 2017.
Inteno Group is a leading supplier of user-friendly and easy-to-install products for fiber- speed broadband in the home through its subsidiary Genexis, and has created a unique position by developing a world-leading operating system for broadband products in the connected home through its subsidiary IOPSYS. From 2016 to 2022, the company’s revenue increased on average by 19% per year and Inteno Group expects to reach more than 1 billion SEK turnover in 2022. Accent Equity has renewed its commitment, as a consortium led by the investment fund Accent Equity 2017 has acquired Inteno Group from Accent Equity 2012 and a number of minority shareholders. Inteno Group’s management team will co-invest alongside Accent Equity. The consortium also comprises Unigestion S.A. and Simac Techniek NV.
Capitium advised the founder and minority shareholder.
Press release: link.