Twig Com Oy (“TWIG”) and Valedo Partners III AB (”Valedo”) have entered into a partnership to accelerate TWIG’s expansion and growth. TWIG’s personal safety alarms provide wide-area communications with indoor/outdoor location capability and are used globally for lone worker safety and telecare.
In connection with Valedo’s investment, the founders, key employees and board members have co-invested alongside Valedo in TWIG.
Terms and conditions of the transactions are not disclosed.
For further information on TWIG, please contact:
Jukka Nieminen, CEO TWIG
+358 400 512275
jukka.nieminen@twigcom.com
About TWIG:
TWIG is a developer and manufacturer of personal safety alarms and software. The products are designed and manufactured by an experienced team in Salo, Finland. TWIG products are used globally for lone worker safety and telecare, and integrate with TWIG and third party tracking and monitoring software.
About Valedo:
Valedo is an independent Swedish investment company investing in high-quality small/mid cap companies in the Nordic region. Valedo is focusing on companies with clear growth and development potential where Valedo can actively contribute to and accelerate the companies’ development. Being an active owner and contributing with both capital and industrial experience, Valedo ensures that a company can achieve its full potential.