VIA Equity invests in GleSYS

Via Equity, a Copenhagen, Denmark-based private equity company announced that its fund, VIA equity Fond III K/S will invest together with the current owner, founder and CEO Glenn Johansson in GleSYS AB and Portlane AB through a new jointly owned holding company.

Glenn Johansson will continue developing the company as CEO and major shareholder. The purpose of the investment is to enable continued expansion of the companies’ successful business model in the Nordics as well as internationally.

GleSYS and Portlane offer IT infrastructure as a service (IaaS) to customers within e-commerce, cyber security and more industries with high requirements on availability of services and uptime.

The companies operate two own data centers in Falkenberg and Stockholm and acts as an internet service provider through an own European network of fiber capacity. The services offered are colocation, dedicated servers, network & connection, system management and virtual private servers. The head office is located in Falkenberg, with additional offices in Stockholm and Malmö and the group employs 33 FTEs.

The revenue of the group is c. SEK100 million with good growth.