Categories: News

New Investment Supports SkySparc Growth Strategy

SkySparc, an independent solutions provider, has entered into an agreement for a strategic investment by Bragnum Invest to support the firm’s growth strategy. Under the terms of the transaction, existing SkySparc owners and staff will remain significant shareholders in the company.

Stockholm, Sweden, May 29, 2019 –(PR.com)– Bragnum Invest founder Lars Österberg said: “SkySparc has impressed us with its blue-chip client base, solid business model and fast, profitable growth. We are thrilled that our investment in SkySparc has closed and we look forward to working together with SkySparc’s management to realize the growth plan.”

“Since its foundation, SkySparc has been 100% committed to providing excellent application services and automation software to users of leading trading and risk management systems and we will continue to be true to this mission. Bragnum Invest’s experience, strength and business network make it the ideal partner for SkySparc. I am excited about the opportunity to work with them to lift SkySparc to the next level,” said Mattias Sandström, SkySparc founder and chairman.

SkySparc CEO Joakim Wiener said: “SkySparc will continue to work closely with our clients to further develop our market-leading consulting services, outsourced support and unique OmniFi software to address the fast-evolving challenges facing our clients. Together with Bragnum Invest, I am eager to execute on SkySparc’s ambitious and comprehensive business strategy.”

About Bragnum Invest
Bragnum Invest is a Sweden-based growth investor, focused on investing in Nordic small and medium-sized companies with a proven business model and attractive growth and development potential. Bragnum actively works with its companies to speed up growth and change processes. Bragnum’s team have an extensive business network and vast experience to draw from. They have a strong past track record of quickly growing successful businesses.

About SkySparc
SkySparc, an independent solutions provider trusted by banks, central banks, Fortune 100 corporate treasuries and asset managers, offers complementary software, outsourced support and a wide range of financial and technical consulting services.

Outsourced support enables our customers to focus on their core business and benefit from attentive service from our financial and technical experts.

SkySparc OmniFi delivers sustainable business value to customer through advanced management reporting, process automation, system integration and fully automated testing.

SkySparc is a four-time winner of Dagens Industri’s Gazelle award for fast-growing companies, and has also won both Central Banking’s Consultancy and Advisory Award and Treasury Today’s Adam Smith Award for Best Risk Management Solution.

For more information please visit www.skysparc.com.

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