Announced
Completed
Financials
Tags
Majority
IT Services: Other
Finland
Private Equity
Single Bidder
it consulting
Completed
Acquisition
Cross Border
Friendly
Private
Synopsis
Procuritas Capital Investors, a Nordic private equity house specialized in initiating, structuring and financing buy-outs, completed the acquisition of Frendy, a new IT services platform based in Finland. Financial terms were not disclosed. “We are delighted to have completed the formation of Frendy. It is a really exciting opportunity for Procuritas to create a new company in this sizeable fragmented market currently serving SME customers in Finland,” Jussi Holopainen, Procuritas Investment Manager.
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