▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | Italian Channel Awards | Italian Project Awards | Italian Security Awards | ...
InnovationOpenLab

Queue-it Announces Majority Investment from THL Partners

Queue-it, a global provider of online traffic orchestration solutions, today announced that it has entered a definitive agreement for a majority investment from THL Partners (“THL”), a premier inv...

Immagine

Partnership will support continued product innovation and global expansion for the online traffic orchestration platform

COPENHAGEN, Denmark & BOSTON: Queue-it, a global provider of online traffic orchestration solutions, today announced that it has entered a definitive agreement for a majority investment from THL Partners (“THL”), a premier investment firm investing in middle-market growth companies. Together, THL and Queue-it will focus on accelerating product innovation and expanding the company’s global reach.

Founded and headquartered in Denmark, Queue-it helps enterprises and public organizations manage online traffic surges, protect digital infrastructure, mitigate bots and abuse, and deliver fair, reliable access to critical online services. Its platform is trusted by organizations around the world and operates across ticketing, retail, government, financial services, and other mission-critical industries.

THL’s partnership with Queue-it builds on the firm’s longstanding investment focus on IT Operations & Data, which includes software companies that help organizations operate, secure, and optimize increasingly complex digital infrastructure. As internet traffic continues to grow and AI-driven activity reshapes how organizations manage digital demand, THL believes Queue-it is well positioned to help customers deliver resilient online experiences.

“We are excited to partner with THL as we enter a new chapter in Queue-it’s journey,” said Jesper Essendrop, CEO of Queue-it. “THL brings deep experience scaling global software businesses and shares our conviction in the opportunity ahead. Together, we will continue investing in innovation, supporting customers around the world, and strengthening our platform as organizations increasingly look to manage complex digital traffic.”

“Queue-it has built an impressive platform that helps organizations deliver reliable digital experiences during their most critical moments,” said Jordan Welu, Managing Director at THL. “We believe the company is well positioned to benefit from the growing need for intelligent traffic orchestration, particularly as AI changes the nature and volume of online traffic. Just as importantly, we have deep respect for the culture Jesper and the team have built in Copenhagen, and we are committed to preserving the values and identity that have made Queue-it successful. We look forward to partnering with the entire Queue-it team to support the company’s next phase of growth.”

“Queue-it exemplifies the type of software business we seek to partner with through our IT Operations & Data investment focus,” said Lauren Wedell, Principal at THL. “The company has built mission-critical technology for managing digital demand, and we're excited to support the team as they continue to innovate, expand internationally, and scale their impact for customers around the world.”

“Queue-it has been an outstanding journey," said Lars Dybkjær, Managing Partner at GRO, the selling shareholder in the transaction. “From its Nordic roots, the company has grown into a true global category leader, with a remarkable track record of growth, improving profitability, and a team that has executed exceptionally at every stage. It has been a privilege to partner with the founders and with Jesper and his management team through this chapter, and we have no doubt that the best is yet to come.”

THL will invest in Queue-it through its Automation Fund II.

Financial terms of the transaction were not disclosed. Closing of the transaction is subject to customary conditions, including receipt of required regulatory approvals.

Houlihan Lokey was financial advisor and Bech-Bruun acted as legal counsel to Queue-it. Freshfields US LLP and Plesner Advokatpartnerselskab acted as legal counsel to THL.

About THL

THL Partners is a premier private equity firm investing in middle-market growth companies exclusively within Healthcare, Financial Technology & Services, and Technology & Business Solutions. THL couples deep sector expertise with dedicated operating resources to build great companies of lasting value in partnership with management teams. For more information, visit www.thl.com.

About Queue-it

Queue-it is a global provider of online traffic orchestration solutions. Its technology platform enables enterprises and public organizations to manage online traffic surges, protect digital infrastructure, prevent abuse from bots and malicious actors, and deliver fair, transparent and reliable online experiences. Trusted by organizations worldwide, Queue-it helps customers maximize performance and trust during their most business-critical digital moments.

Fonte: Business Wire

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

RSA at Cybertech Europe 2024

Alaa Abdul Nabi, Vice President, Sales International at RSA presents the innovations the vendor brings to Cybertech as part of a passwordless vision for…

Italian Security Awards 2024: G11 Media honours the best of Italian cybersecurity

G11 Media's SecurityOpenLab magazine rewards excellence in cybersecurity: the best vendors based on user votes

How Austria is making its AI ecosystem grow

Always keeping an European perspective, Austria has developed a thriving AI ecosystem that now can attract talents and companies from other countries

Sparkle and Telsy test Quantum Key Distribution in practice

Successfully completing a Proof of Concept implementation in Athens, the two Italian companies prove that QKD can be easily implemented also in pre-existing…

Most read

Lumentum Announces Upcoming Investor Events

Lumentum Holdings Inc. ("Lumentum") today announced that company management is currently scheduled participate in the following investor events: Event:…

Rehlko Expands Power Plus™ Connected-Services Capabilities, Enhancing…

Rehlko, a global industrial energy resilience platform providing custom-engineered, integrated power solutions for mission-critical infrastructure worldwide,…

Nu Holdings Ltd. Reports Second Quarter 2026 Financial Results

Nu Holdings Ltd. (NYSE: NU) (“Nu” or the “Company”), the largest digital bank in Latin America, today released its financial results for the second quarter…

Penguin Solutions to Participate in Rosenblatt's 6th Annual Technology…

$PENG #AI--Penguin Solutions, Inc. (Nasdaq: PENG), the AI Factory Platform Company, today announced that the company will participate in the following…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!