Press release

New investment supports SkySparc growth strategy

Stockholm, 29 May 2019 – SkySparc, an independent solutions provider, has entered into an agreement for a strategic investment by Bragnum Invest to support the firm’s growth strategy. Under the terms of the transaction, existing SkySparc owners and staff will remain significant shareholders in the company.

Bragnum Invest founder Lars Österberg said: “SkySparc has impressed us with its blue-chip client base, solid business model and fast, profitable growth. We are thrilled that our investment in SkySparc has closed and we look forward to working together with SkySparc’s management to realize the growth plan.”

“Since its foundation, SkySparc has been 100% committed to providing excellent application services and automation software to users of leading trading and risk management systems and we will continue to be true to this mission. Bragnum Invest’s experience, strength and business network make it the ideal partner for SkySparc. I am excited about the opportunity to work with them to lift SkySparc to the next level,” said Mattias Sandström, SkySparc founder and chairman.

SkySparc CEO Joakim Wiener said: “SkySparc will continue to work closely with our clients to further develop our market-leading consulting services, outsourced support and unique OmniFi software to address the fast-evolving challenges facing our clients. Together with Bragnum Invest, I am eager to execute on SkySparc’s ambitious and comprehensive business strategy.”

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