Industrifonden exits Accedo with 7x return on investment
The Sweden-based venture capital investor Industrifonden sells its entire holding in Accedo, the global leader in television and video experience services, to SEB Private Equity. In recent years, Accedo has been named one of Sweden's fastest growing companies. The company has SEK 320 million ($40 million) in revenue, more than 100 million users and 400 employees globally. The transaction generates a return of seven times the investment for Industrifonden.Accedo’s TV and video solutions are used by hundreds of millions of people globally. The company has close partnerships with some of the