Melbourne, Australia – 04 June 2024
LiveTiles ( livetilesglobal.com ), a global leader in employee experience software for employee collaboration and communications, announced Swedish-based Omnia, (www.omniaintranet.com) a leading intranet-as-a-service vendor has acquired the LiveTiles global business. Omnia is backed by leading Scandinavian software growth investor Monterro and publicly listed Precio Fishbone. This merger sets the stage for unparalleled leadership in the global digital workplace solutions market.
“This sale is a terrific outcome for LiveTiles,” says LiveTiles’ CEO David Vander. “It enables us to achieve our vision to accelerate, consolidate and expand the growth horizons with tremendous new ownership, capitalization, and as a private company.”
“The merger will create the leading digital workplace solution globally, drive economies of scale, accelerate AI solution development and enable enterprises to help their employees achieve their full potential.”
Founded in 2014, LiveTiles has grown to be one of the leading intranet package solutions globally both organically and inorganically and now enjoys over 500+ enterprise customers globally.
Mr. Vander said: “LiveTiles has undertaken significant work internally to right size and position itself to best serve our customers. I am proud of the work we have done and to attract partners of Monterro’s and Omnia’s calibre is a testament to the dedication of the team and the quality of our offering. We will be well placed in private ownership to realise the potential of the platform and scale globally.”
Monterro is the leading B2B software investor in the Scandinavia, with a mission to turn software companies into market leaders and global players. They have raised over EUR 1.3bn in capital, 25% of which is internal capital, have 20+ investments in the portfolio and a singular focus on the B2B SaaS software market.
Peter Larsson, co-founder of Monterro and Chairman of Omnia, said: “This marks an important milestone for both Omnia and LiveTiles. We see immense potential in their combined efforts to lead the future of digital workplace solutions industry.”
“We have been impressed with LiveTiles’ strong platform, great talent, global reach, and the number of top tier customers.” Mr. Larsson continued. “The opportunity to capitalise on a new wave of enterprise technologies make this merger all the more pertinent and valuable. We think the combination and re-investment will accelerate a long and profitable growth journey ahead.”
LiveTiles confirms that on completion, CEO, David Vander will depart the company and Omnia CEO, Jesper Alfonsson, will become CEO of the newly combined entity.
“We are very much looking forward to serving and supporting all the customers and partners of LiveTiles as we accelerate the business going forward,” Mr Alfonsson said.
“The LiveTiles platform is a market leading platform, and its progress and impact are world class. This recapitalisation, privatisation, and acceleration will only serve to provide more value to our customers and the market and is a tremendous opportunity for all employees.” Mr Alfonsson continued. “I would also like to thank David Vander for his leadership and commitment over the past 18 months and wish him well in his next endeavours.”
LiveTiles and Omnia are committed to a smooth transition with business as usual for our customers and an exciting road map into the future.
Significant expansion capital will fuel the ongoing growth of Omnia and LiveTiles, driving their mission to dominate the market and deliver world leading digital workplace solutions.
For more information, please contact:
Jesper Alfonsson, CEO of Omnia and the new combined entity
jesper.alfonsson@preciofishbone.se
David Vander, CEO of LiveTiles
David.Vander@LiveTilesglobal.com
About LiveTiles
LiveTiles is a global leader in the employee experience software for employee collaboration and communications, creating and delivering solutions that drive digital transformation, productivity, and employee engagement in the modern workplace. LiveTiles have operations spanning North America, Europe, Asia and Australia, and services over 500 customers. LiveTiles is a leading player in the Employee Experience Platform Industry and has been acknowledged as such by Forrester and Gartner.
About Omnia
Omnia is the #1 rated Microsoft 365, Teams and SharePoint integrated intranet. Its user-friendly experience helps companies improve employee engagement, communication, collaboration, and knowledge sharing. Omnia is headquartered in Stockholm with offices in Malmö, Gothenburg, Copenhagen, Düsseldorf, Ottawa, and Ho Chi Minh City. www.omniaintranet.com
