Announced
Completed
Financials
Tags
business platforms
Finland
Payroll
Majority
Private
Friendly
Private Equity
Single Bidder
Acquisition
Completed
Synopsis
Vaaka Partners, a private equity firm that helps medium-sized Finnish companies, completed the acquisition of a majority stake in Staria, a provider of accounting, HR and payroll services and robotic process automation. Financial terms were not disclosed. "With the support of Vaaka Partners, we gain additional experience and expertise to our Board and financial resources to execute our international growth strategy. It has been inspiring to work together with Vaaka. The development of our growth plan has been supported by Vaaka’s excellent industrial advisors who have a lot of complementary experience of accelerating the growth of international growth companies. We share the same vision and values with Vaaka, which has enabled us to build mutual trust,” Juha Tommila, Staria founder and CEO.
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