Bizzkit’s e-commerce platform is one of the most widely used e-commerce platforms in Denmark and is also the foundation behind the Danish beauty giant Matas's webshop which won the main award in the competition for the E-Commerce Prize 2020 which the Danish Chamber of Commerce Digital Trade is responsible for. With eight Bizzkit Solution Partners and solutions for customers such as Fristads Kansas Group, Fazer and Stoff & Stil, Bizzkit is already strongly represented in Sweden. Throughout the years, Bizzkit has been able to celebrate several international successes and with the new ownership, Bizzkit will continue the ambitious growth journey in the growing, international market of e-commerce platforms for ambitious e-commerce solutions.
The organisation and management in Bizzkit as well as the cooperation with Bizzkit's Solution Partners remain unchanged with the new ownership and Lars Hedal, CEO at Bizzkit and Hesehus since the beginning in 2002, will continue as joint owner and CEO.
New joint owner is also COO at Bizzkit and Hesehus, Mette Reinholt Mortensen.
CEO at Bizzkit, Lars Hedal
“We are very excited to have QNTM Group as a new strategic owner of Bizzkit. We have been looking for a partner for the further journey that understands our industry and shares our ambitious growth ambitions. QNTM is the perfect match and at the same time we will be part of an international group of digital companies which will create many new opportunities”
Ownership with large growth ambitions
The ambitions for Bizzkit's continued international growth journey are apparent in QNTM Group. Eivind Roald, CEO at QNTM Group, elaborates:
“During the first 12-18 months, Bizzkit will be present in all of the Nordic countries. Afterwards, we will start with the rest of Europe and the ambition is to make it a global company. We are able to deliver the necessary capital and knowledge to penetrate new markets, and it is also possible for us to acquire other companies and have Bizzkit grow in this way"
Altor was founded in 2003 and is one of the leading private equity firms in the Nordic countries. Altor’s headquarters are in Stockholm and the private equity firm has invested more than 8.3 billion euro in more than 60 companies.
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