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Famly

American private equity
fund invests triple-digit
million kroner amount in
Danish tech company

 

Case

American private equity fund invests triple-digit million kroner amount in Danish tech company

The American private equity fund Susquehanna Growth Equity has invested DKK 100m in the Danish tech company Famly in connection with an investment round. The total investment round amounts to DKK 118m.

Famly has developed a platform that makes it possible for parents of children in day care centres to get updates about their child’s day via an app. The platform also provides administration and coordination tools to day care centres.

Famly was formed in 2013 and has approx. 100 employees in offices in Copenhagen and Berlin. The company has 3,500 customers from day care centres in 12 countries, including Scandinavia, Germany, Great Britain and the USA.

Susquehanna Growth Equity is a part of Susquehanna International Group (SIG), one of the world’s largest private suppliers of financial services.

The investment in Family is the largest ever made by Susquehanna Growth Equity in Denmark.

Accura advised Susquehanna Growth Equity in connection with the investment.

Photo: Famly.co