Open Systems joins forces with EQT

Zurich, 9 June 2017 – Open Systems, one of the leading Security as a Service providers in Europe, joins forces with EQT, a global alternative investment firm. EQT acquires a majority stake in Open Systems through its EQT Mid Market Europe Fund. EQT will support Open Systems with continued global growth through the development of new technical capabilities and services, an enhanced go-to-market approach and with pushing expansion in the European and US markets.

The EQT Mid Market Europe Fund acquires a majority stake in Open Systems AG from its current private owners. They will remain shareholders and continue to contribute to the continuity and future success of Open Systems in different roles within the company. Open Systems’ current executive team, with Martin Bosshardt as CEO, will continue to lead the company.

gallery_booklet_02.jpgOpen Systems was founded in 1990 by Florian Gutzwiller, who achieved consistent sustainable growth with Open Systems and transitioned the company from a security integrator into one of the largest Security as a Service providers in Europe. After more than 25 years of success based on a strong team, operational excellence and state-of-the-art technology, the shareholders are convinced that now is the right time to join forces with a strong, solid and well-established financial partner in order to further develop the business, without compromising corporate culture or quality of service.
Florian Gutzwiller, the founder of Open Systems and member of the Board of Directors, says: “We are very excited to join forces with EQT, which is one of the leading alternative investment firms in Europe. EQT brings the experience and network of its Industrial Advisors, as well as the necessary financial resources to the table to grow our company’s capabilities and global market reach.»
«The partnership with EQT», says Martin Bosshardt, CEO of Open Systems, «will strongly support us in strengthening our position as the leading provider of Security as a Service and staying in front in terms of technology, automation and processes to the benefit of our employees in Switzerland as well as our clients all over the world.»

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This post was written by Maggie Kornell, Maggie is a technical writer at Open Systems.