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.