iLOQ | Investments | Nordic Capital
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iLOQ

Self-Powered Digital and Mobile Access Management Systems

iLOQ is a leading provider of self-powered digital and mobile access management systems which transform the way access to buildings is handled into a highly secure, functional and sustainable system.

Company Background

  • The company disrupts the locking industry by offering digital access controls.
  • Offering is based on proprietary patented technology, developed by iLOQ.
  • With environmentally friendly, self-powered solutions, the company has succeeded in making its technology innovative and sustainable.

Vision & Outlook

  • Support iLOQ’s further growth journey and continued international expansion.
  • Invest in the development of new sustainable technologies, features and solutions to best serve iLOQ's customers.

Highlights & Updates

  • In 2022, iLOQ announced that it will continue to fulfil its growth strategy by expanding to the US.
  • Launched cutting edge real-time 360 degrees climate assessment to reduce emissions.
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SECTOR

Industrial & Business Services

REVENUES 2022

EUR 130 million

EMPLOYEES

285

OWNERSHIP

Fund IX

INVESTMENT DATE

2019

HEAD OFFICE

Oulu, Finland

MANAGEMENT

Heikki Hiltunen

CEO

Timo Pirskanen

CFO

CHAIRPERSON

Tzachi Wiesenfeld

Chair

RESPONSIBLE ADVISOR

Robert Furuhjelm

Partner, Head of Exit Office | Head of Finland

Nordic Capital's Industrial & Business Services focus

Nordic Capital is a leading Industrial & Business Services investor in the Nordics, with particular experience in Business Services and Manufacturing. We invest selectively in companies that benefit from robust underlying growth trends and an expanding market position.

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