Norvestor to acquire a majority stake in Rantalainen.

Norvestor, a private equity firm, agreed to acquire a majority stake in Rantalainen, an accounting and payroll services provider. Financial terms were not disclosed. “We are thrilled to partner up with Rantalainen. We hold in high regard the long history and highly competent organization of the Company. A great base has been built over the past years, lastly by Jukka and his team, strengthening both the platform and the market position of the Company. Rantalainen is now ready for its next phase, and we believe this is a good match with Norvestor’s experience in supporting business services companies with a strong drive and ambitious Nordic growth plans. We look forward to establishing a Nordic leader within financial administration services,” Marika af Enehjelm, Norvestor Advisory Partner.