Helix Kapital invests in the Sensebit group

Helix Kapital joins the Sensebit Group, the Nordic market leader in data collection and analysis of traffic information, as a new majority shareholder. The co-founders and management will accelerate the company's expansion together with Helix Kapital.

Sensebit has together with its subsidiary Trafikia an excellent track-record in traffic data collection and analysis and has successfully combined system design and implementation with in-house developed hardware and software. The customer base consists of authorities, municipalities and corporates in and outside of the Nordics. The company today has 30 employees across offices in Stockholm (HQ), Gothenburg, Uppsala, Luleå, Härnösand, Jönköping and Germany.

“Sensebit was founded in 2008 as an innovation company with the vision of creating the next generation of intelligent transportation systems, and we have today established ourselves as the largest solutions provider of data collection and analysis of traffic information in the Nordics. With Helix Kapital as strategic partner, we are optimistic about continuing our growth journey through initiatives in existing and new geographical markets, both organically and through M&A” says Fredrik Zettergren, co-founder and CEO of the Sensebit group.

Financial terms of the transaction are not disclosed.

Contact information:

Helix Kapital:
Joakim Karlsson, Partner
mobile: +46 (0)73 390 44 35

Sensebit:
Fredrik Zettergren, CEO
mobile: +46 (0)70 552 96 07

About Helix Kapital:
Helix is a Swedish growth-oriented investment company that invests in unlisted smaller companies with a primary focus on Sweden. Helix Kapital seeks businesses with proven and profitable business models, regardless of industry. See www.helixkapital.se for more information.

About the Sensebit Group:
Sensebit with its subsidiary Trafikia is the market leader in the Nordic region in collection and analysis of traffic information with a focus on customers in the public sector. The company is headquartered in Stockholm. See www.sensebit.se for further information. information.