Hoist Group adds investment from AP6.

Hoist Group, a Stockholm, Sweden-based company providing software solutions for the hospitality industry, announced securing SEK 100M ($10.8M) capital investment round.

The money was provided by AP6 - the Sixth Swedish National Pension Fund, which becomes a new equity investor in the company, alongside the main owner, the investment fund Accent Equity 2008, and the Company’s founder Malcolm Lindblom.

The funding will be used for fueling the M&A activity and organic growth of the company.

Hoist Group, led by CEO Alfonso Tasso, develops and supplies systems, products and services to independent hotels, hotel chains and public venues