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New Deal


Announced

Staria-backed Vaaka Partners to acquire Suitespot.

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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Friendly

Pending

Acquisition

Majority

digital services

Sweden

Cross Border

Single Bidder

Digital Services

it services

Private

Private Equity

Synopsis

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Staria-backed Vaaka Partners, a private equity firm, agreed to acquire Suitespot, a digital services provider. Financial terms were not disclosed. "We are happy to start our shared growth journey with Suitespot to increase our ability to provide high-quality and comprehensive NetSuite services in Europe. Both companies share the same growth-mindset, and by offering the future-proof platform we enable growth without borders. Some of the well-known unicorns such as Wolt and RELEX Solutions have chosen us to navigate them through the messy middle of growth," Artti Aurasmaa, Staria CEO.

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