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Adelis Equity to acquire majority in Ropo Capital. (FS)

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Acquisition

Majority

Friendly

Payroll

business software

Private Equity

Finland

invoice finance

Private

Pending

FinTech

Single Bidder

Synopsis

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Adelis Equity Partners agreed to acquire a majority ownership in Ropo Capital,Finland’s leading invoicing lifecycle service provider, from funds managed by Sentica, Osuuskunta KPY and other current shareholders. Ropo Capital’s management remain as minority shareholders and continue in their current positions. Financial terms were not disclosed. The investment from Adelis will promote opportunities to further support Ropo Capital’s growth in Finland and its international expansion, both organically and potentially through acquisitions. Rasmus Molander, Adelis Equity Partners, Partner: ”Ropo Capital has transformed the invoicing and receivables market in Finland through its automated and integrated lifecycle concept covering invoice delivery, receivables management, ledger and financing. Today, the company already delivers one of six invoices in Finland. We very much look forward to supporting the company and its management team as it continues its growth in Finland and the Nordics.”

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