Announced
Financials
Sources
Tags
Finland
Software
Cross Border
software
Acquisition
Private
Single Bidder
Pending
Majority
Friendly
Synopsis
Goldman Sachs Asset Management-backed Advania, an IT-services company, agreed to acquire front end services from 3StepIT, a Technology Lifecycle Management provider. Financial terms were not disclosed. "The key reason for pursuing this transaction is to increase the quality to our existing customers. Based on the large volume of devices we provide to our customers, we can now further strengthen our offering with cost efficient and seamless solutions to the market," Tomas Wanselius, Advania CEO.
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