News. 01/12/21

Procuritas sells Ouriginal following rapid growth

Procuritas Capital Investors VI (“Procuritas”), the private equity investor focused on investing in and growing Nordic mid-market companies, today announced that it has sold Ouriginal Group AB (“Ouriginal”) to Turnitin, LLC (“Turnitin”), a global leader in academic integrity and education software. 

Ouriginal, previously named Urkund, is a market leader in the Nordics and the DACH region for plagiarism prevention and detection software, mainly used by educational institutions. Since Procuritas first invested in 2018, Ouriginal has nearly tripled in size, driven by strong organic growth, a successful acquisition of PlagScan, and the internal expansion of the sales and marketing capabilities. 

Ouriginal management worked closely with Procuritas to develop a strong platform for growth by implementing institutional-grade management structures, processes, and support systems.

Johan Conradsson, Partner at Procuritas, commented, “Ouriginal has done a fantastic job building a talented team to support this period of rapid growth, while also maintaining its focus on quality and user-friendliness. Ouriginal has built a first-class platform that greatly benefits educational institutions in their digital transformation.”

Daniel Schuss, Partner at Procuritas, added, “Turnitin, with their extensive experience and demonstrated commitment to academic integrity and digital learning tools, will be a great new partner for Ouriginal. We are incredibly proud of the Ouriginal team and to have been part of their success story. We are convinced that, together with Turnitin, they will create the next generation of authenticity services and wish them the best of luck.” 

Andreas Ohlson, CEO of Ouriginal, commented, “Procuritas has been an amazing partner to work with during our accelerated growth journey. With their support and systematic approach to business opportunities, we have been able to substantially grow the business and create a strong platform for the future. We are incredibly grateful to Procuritas for their time, investment, and efforts, and we look forward to starting a new chapter of growth, serving even more educators and students, with Turnitin.”

For further information, please contact:

Johan Conradsson
Co-Managing Partner, Procuritas
+46 76 109 99 44
johan.conradsson@procuritas.com

Daniel Schuss
Partner, Procuritas
+46 70 666 08 09
daniel.schuss@procuritas.com

Media – Kepler Communications

Charlotte Balbirnie
+44 7989 528421
CBalbirnie@keplercomms.com

More news.

04/02/25

Strandberg Guitars appoints Markus Engelbrekts as new CEO

Strandberg Guitars is pleased to announce the appointment of Markus Engelbrekts as the new CEO, succeeding Mikaela Jansson. Markus Engelbrekts will officially join the company on February 1st, 2025. Strandberg Guitars, known for its innovative designs and high-quality instruments, is the worldwide market leader in headless guitars, under the .strandberg* brand. The company’s commitment to...

31/01/25

Procuritas announces promotions

Procuritas, the mid-market Nordic private equity investor, is pleased to announce two promotions within the team. Kenneth Christensen, Head of Financing, has been promoted to Partner at the firm. Since joining Procuritas in 2018, Kenneth has led and supported debt financing activities in both new and existing investments. With over 17 years of experience within...

30/01/25

We Select appoints Alexandra Vult von Steyern as CEO and Eric Matsgård as Chairperson

Procuritas is pleased to announce the appointment of Alexandra Vult von Steyern as CEO and Eric Matsgård as Chairperson of the Board to the We Select group. Both bring a wealth of experience in digital business and leadership, positioning the company for continued innovation and growth in the digital talent acquisition space. Alexandra Vult von...