9solutions
9Solutions, a provider of intelligent care solutions and safety systems, was sold at the end of 2024 to ASSA ABLOY, the world-leading supplier of access-management solutions. In the acquisition bulletin, CEO Jukka Kettunen highlighted that by joining ASSA ABLOY, the company would be able to grow and develop more quickly than it could on its own.
Exit type
Acquisition, 11/2024
Purchase price
Not made public
Investment multiple at exit
0.9x
Investment’s IRR
-4.9%
Valuation after second round
Approx. €22 million
Returns for Springvest
€0.45 million (before taxes)
Springvest’s funding rounds
5-6/2022
Total funding arranged by Springvest
€4 million
