EPTI has signed an agreement to acquire 34.73 percent of the shares in Moblrn, which is a SaaS platform for e-learning and reaches majority ownership.
EPTI (“EPTI” or “the Company”) has today signed an agreement regarding the acquisition of shareholdings of 34.73 percent in MOBLRN – Mobilized Learning AB (“Moblrn”). The EPTI Group already owns 15.30 percent in Moblrn and thus achieves an ownership of 50.03 percent after the transaction. The purchase price amounts to approximately SEK 2.6 million with an additional purchase price of SEK 0.8 million where EPTI finances the acquisition with cash.
Moblrn is a digital SaaS platform that offers a complete solution in e-learning & communication within a mobile application. On the platform, you can create and publish digital training for both employees and customers, without the need for previous technical knowledge. Moblrn currently has four employees. The largest customer is Saint-Gobain with brands such as Weber, Gyproc, Isover & Norton and has previously launched Moblrn’s platform in more than 30 countries. Other customers include, for example, Orkla Health and OKQ8 / Q8 Oils. Moblrn’s ARR for the year 2021 amounts to SEK 3.7 million, which corresponds to an ARR growth of 85% from the previous year.
“Moblrn has a very exciting scalable product and has a niche that is exactly right in time. With EPTI’s purchase of the shares, Moblrn will have a solid owner who will contribute with deep operational support to scale and achieve maximum potential as well as financing for continued growth with a focus on ARR. EPTI will also help ensure the quality of Moblrn’s platform by continuing to provide EPTI resources as their main technology supplier. The company should thus be well equipped for a further interesting year.” Says Arli Mujkic, CEO of EPTI.
Information about Moblrn
MOBLRN – Mobilized Learning AB is a digital SaaS platform that offers a complete solution in e-learning & communication for mobile that was founded in 2013. On the platform you can create and publish digital training for both employees and customers, without requirements for previous technical knowledge. The company currently has four employees and is active in over 30 countries.
For more information, see Moblrn’s website www.moblrn.com
For further information, please contact:
Arli Mujkic, CEO, EPTI AB
Phone: +49 176 626 999 64
Adam Bäckström, CFO, EPTI AB
Phone: +46 73 026 68 26
For international media enquiries, please contact:
Benjamin Webb, Deliberate PR
Phone: +44 7930 408224
Information about EPTI
EPTI invests capital and operational support for companies, entrepreneurs and founders to build market-leading innovative companies under the motto “We Empower Innovation”. As a venture builder, this is done by adding experience from other founders, capital, resources, processes, state-of-the-art technology as well as commercial execution and marketing. EPTI also starts companies and joint ventures with driven co-founders and companies. The companies in EPTI’s portfolio are in the segments Gaming, Fintech, Marketplace, SaaS and Services. Since the start in 2017, a portfolio of more than 25 companies has been built up, of which the majority-owned companies comprise a total of approximately 200 coworkers in seven countries around Europe. EPTI is more than an investment company, it is partly an investment company and partly a service company. A venture builder for founders, by founders.