Our story
From bootstrap
to three exits.
F24 Founded
Chris and Ralph bootstrap F24 from the ground up.
F24 Goes Public
IPO — F24 AG listed on the stock exchange.
European Expansion
Foundation of four sales subsidiaries across Europe — building the pan-European footprint.
First Mover: Emergency → Crisis Management
Pioneering the shift from emergency notification to full crisis management — redefining the category.
Sold to Armira
Ralph retires. Joerg joins as new CEO. F24 AG taken private.
Market Consolidation
Acquisition of 3 assets in Europe to build the European market leader in ENS.
Sold to HG Capital
F24 acquired by leading technology-focused PE firm HG Capital.
Operational Excellence
Cost restructuring with a renowned management consultancy.
Continued Acquisitions
4 additional acquisitions spanning value chain expansion, functional expansions and AddOns.
Launch: Business Service Notification
New business launched as market leader in Scandinavia — built on merging two acquisitions.
Sold to Altor
F24 acquired by Altor. HG Capital remains as minority partner.
Continued Growth
2 more acquisitions. Sales acceleration in Service Notification. Major price increases in DK (+10%) and CH.