Strategic Investments A/S is increasing its investment in Digizuite A/S

On Wednesday, December 29, 2021, Strategic Investments A/S informed Digizuite that it had acquired 300.000 shares. Strategic Investments A/S hereafter owns approx. 1.700.000 shares or more than 5% of the votes and capital in the Company.

Kim Mikkelsen, co-founder and CIO of Strategic Investments A/S comments:

”We invested in Digizuite at the IPO and have been following the company closely since. We are very impressed about the many global brands Digizuite are serving and we see a great potential in the company going forward. Following our very successful exit from Fynske Bank, we have wanted to increase our exposure in Digizuite. Today we have taken a step in that direction, by crossing 5% ownership. We believe that Digizuite has the right balance between growth, customer retention and attractive pricing.

Many companies in the SaaS sector are priced at a minimum of 10x ARR – while Digizuite is only traded at app. 6,5x. It is our assessment that this will change throughout 2022 as the company delivers on their 2024 strategy.

We are pleased that the other major shareholders have given us the opportunity to increase our investment – and can see the value of our investment.”

 

Søren Skovbølling, Chairman of the Board of Digizuite comments:

”I am very pleased to have Strategic Investments A/S as a major shareholder in Digizuite. Their commitment and trust in Digizuite, confirms that we have the right strategy, a strong global team and leadership, great customers, and a competitive enterprise Digital Asset Management SaaS solution. We are able to attract significant shareholders, like Strategic Investment A/S, with this combination. We are looking forward to release the full potential for Digizuite together with Strategic Investment A/S and our other valued investors”.