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New Deal


Announced

Completed

Procuritas Capital Investors completed the acquisition of Frendy.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

IT Services: Other

Finland

Private Equity

Single Bidder

it consulting

Completed

Acquisition

Cross Border

Friendly

Private

Synopsis

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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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