Miton increased its stake in Septim
We would like to inform all our partners about the changes in the ownership structure of the company. After two years of cooperation, the Miton investment group has increased its original minority stake in Septim to a majority one.
Miton are Czech investors, they have been on the market for over 20 years. They invest their own money, which they earned by building successful Internet companies. The most famous of these are Heureka, which was directly created by Miton, or services such as DámeJídlo or Rohlík, in which Miton was an investor from the beginning alongside founder Tomáš Čupr. Miton also has a long history in gastronomy. Its long-standing vision is to digitise the catering industry so that businesses can operate efficiently and customers have a better experience at the same time. Within this area, Miton has previously invested in Resto, and current projects include Qerko and Pecosta. And because the POS system is at the heart of any business, Septim was also one of the strategic investments. Miton liked it so much that, in line with the original agreement, it decided to increase its stake to 80%. Septim continues to be trusted by CEO Lukáš Urban and founder Zbyněk Švec, who have each retained a 10% stake in the company. Lukáš Urban remains at the helm of the company and Zbyněk Švec will act as an external advisor to the company.