Procuritas purchases a significant equity package in in PressData Stockholm Intressenter AB (PDI Scandinavia).

PDI Group, a Stockholm, Sweden-based group of companies with operations in media and member subscription services, text similarity detection and content digitization, announced entering into a investment agreement for selling a part of its shares to the private equity firm Procuritas.

The financial details of the deal remain undisclosed.

PDI Group, led by CEO Andreas Ohlson, employs about 30 people and operates primarily through Urkund, Pressdata and Paperton.

Urkund is the Nordic market leader in text similarity detection with a global customer base and strong growth trajectory. The company offers its products to e.g. corporates, authorities, academic institutions and publishers.

Pressdata is the leading provider of media and member subscription services in Sweden for magazines, newspapers and membership organizations.

Paperton enables digitization of media content to fit every reader platform.