31, August 2023
Abion welcomes Bridgepoint as a new majority owner
Abion welcomes Bridgepoint as a new majority owner and strategic partner, to fuel international expansion and accelerate our vision to become the leading guardian of brands across the globe.
Gothenburg, Aug 2023
Abion, a leading European intellectual property (IP) and domain management firm, is pleased to announce a significant milestone in its journey towards becoming a leading international IP powerhouse by welcoming Bridgepoint Group, a global private equity company, as its new majority owner. As part of the transaction, Priveq, a Swedish private equity firm, will sell its stake in Abion, where management and key employees will reinvest alongside Bridgepoint. Financial terms of the transaction are not disclosed.
Abion operates a ‘one-stop-shop’ tech-enabled brand protection platform, delivering vital IP solutions and services across domain management, trade mark management and web security. The client base spans across SMEs to major enterprises. During recent years, Abion has experienced remarkable growth and transformation, establishing a footprint as a leader in domain management and IP solutions in the Nordic region whilst at the same time expanding across Europe. Abion is now excited to welcome Bridgepoint as a new partner that is fully aligned with the vision for the group and the ambitious expansion plans going forward.
Magdalena Bonde, CEO of Abion, expressed her enthusiasm about this pivotal transition, stating:
"We are excited to have Bridgepoint on board as our new majority shareholder. We are confident that they will be a strong partner for Abion as we embark on our ambitious growth and development plan, further scaling our business across Europe and beyond. Bridgepoint's investment reflects their confidence in our ability to achieve our objectives to build an international and differentiated player in a structurally growing global market. We are aligned in our determination to innovate and lead the development of the intellectual property market, whilst at the same time delivering high quality services and a strong value proposition to our clients."
Johan Dahlfors, Partner and Head of the Nordics at Bridgepoint Development Capital said:
"We are thrilled to be partnering with Abion, a distinguished leader in IP management and brand protection in the Nordic region with a growing footprint across Europe. The broad service offering, tech-driven approach and strong platform addresses an underserved demand in the market. This means Abion is well-positioned for long-term growth. With an ambitious vision for expansion across products and geographies and a strong international team, Abion is poised to reshape the landscape for digital brand protection and further its reputation as a leader.”
This collaboration aligns with Abion's ambitious growth strategy that has seen strong organic growth and the acquisition of five complementary companies over the past four years. With Bridgepoint, Abion will be able to harness the firm's international reach and extensive in-market experience, amplifying its capacity to serve clients across Europe and beyond. As Abion embarks on this exciting journey together with Bridgepoint, the company remains committed to delivering high-quality IP advisory services, fostering innovation, and empowering businesses to thrive in the modern business landscape. This development solidifies Abion's standing as the go-to partner for businesses seeking strategic IP advice and services.
Abion was advised by EY Corporate Finance and Setterwalls Advokatbyrå.
For more information or media inquiries, please contact: Magdalena Bonde, Abion CEO (magdalena.bonde@abion.com)
More about Abion
Abion
Abion is a fast-growing and profitable platform-based IP and domain services provider. Abion has a unique position in the market with 25+ years of experience in digitalization as an ICANN-accredited registrar and a comprehensive Brand Protection package, combining a range of software and services within Domain Management, Trade mark Management, and Web Security.
Proactive protection through Abion's monitoring services secures the customer's intellectual property and exclusive rights. Central to what Abion offer is the software platform, Abion Core, which brings together the portfolio of holdings, provide an optimal overview and automated management. The platform manages domains, brand holdings, and web security products.
Read more about Abion.
More about Bridgepoint
Bridgepoint
Bridgepoint is one of the world’s leading quoted private asset growth investors, specializing in private equity and private debt. With around €40 billion of assets under management and a strong local presence in Europe, the US, and China, Bridgepoint combines global reach with local market insight and sector expertise. Bridgepoint’s lower mid-cap investment strategy is carried out by Bridgepoint Development Capital (BDC), a dedicated team focused on buyouts and growth capital investments in businesses typically valued at up to £200 million.
Read more about Bridgepoint Group.
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