Funds of Funds Experts
Lower Mid-Market Experts

We are pleased to announce the exit of PriceRunner a company from Qualitas Funds III. The exit has generated return of c.11,5x invested capital and a gross IRR of 379%.

PriceRunner, based in Stockholm in Sweden with an additional office in Denmark, was founded in 1999. The company is one of the leading Nordic price comparison sites that helps consumers compare prices of products between different merchants. The Company also offers reviews and professional product tests.

PriceRunner was acquired by one of our Swedish managers in July 2020 and sold in November 2021 to a Swedish leading global payments and shopping service company.

The investment rationale was based on building a leading price comparison site through market expansion and continued development of the commercial offering. The company has become the number 1 used price comparison site in the Nordics and has grown significantly in Germany and the UK.

This transaction has generated for Qualitas Funds III investors a return of c.11,5x invested capital or 379% gross IRR.