21 grams gets Priveq as a shareholder.

Sweden 06 October 2015
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21 Grams, a Stockholm, Sweden-based outsourcing partner in physical and digital communication, announced getting Priveq on the list of its investors, as a result of an investment round aimed at further expansion and growth.

The current owners, the founders and other management will remain major owners of the company.

Priveq’s entry provides additional resources and expertise to 21 Grams’ continued growth. 21 Grams offers postal management to corporate customers in the Nordics by leveraging its technology leadership in postage optimization, in combination with its unique set of knowledge and experience of post, print and document management software.

The company’s offering allows customers to outsource their non-core production of bulk mailings, simplify their communication processes and to significantly reduce postage expenses by exploiting savings opportunities on deregulated postage markets.

21 Grams is a well-managed and profitable company showing strong growth. The company was founded in 2004 by Stefan Blomqvist, Jonus Bartholdson, Kaj Peterson and Jöns Bartholdson.

Over the last five years, 21 Grams has shown profitable growth, organic as well as by acquisitions. The turnover in 2014 was SEK 545m. The company’s headquarters is located in Stockholm and has 1,000 customers and 35 employees in Sweden.

Total investments received (USD): N/A

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