January 1, 2008
Easyresearch sold to Questback
Easyresearch: Creating the European leader for Enterprise Feedback Management
Prominent Enterprise Feedback Management software providers Questback and Easyresearch came together in a deal that would create a c. SEK 150m business in 2008, with 80 employees in the Nordics and a total of 120 across Europe.
Active in the same markets, both companies have been empowering customers with the ability to collect, analyse and follow up on business critical information through online surveys.
They have both won several awards in the last two years for outstanding performance as fast growing businesses, and included in the national press as well as in the Deloitte Technology Fast 500 EMEA.
Taking a position as a major international player
The combined entity now takes a position as a major international player in the industry, with presence in 19 countries.
The new organisation brings great opportunities for multi-country agreements for customers with international presence.
Earlier in 2008, Questback was acquired in a management buy-out transaction backed by Norwegian private equity firm Reiten & Co Capital Partners, for an undisclosed consideration.
GCA Altium acted as sole advisor to the sellers.