Announced

Korona Invest to acquire a majority stake in SC Software.

Synopsis

Korona Invest, a Finnish private equity firm specialising in buyout and growth investments, agreed to acquire a majority stake in SC Software, a provider of industry-specific solutions and software development. Financial terms were not disclosed. “Our company operates from a very competitive position that is based on customer-oriented methodology, highly skilled experts, own technology enabling high quality, and a wealth of industry experience. The support from Korona Invest complements our capabilities, and we next aim to grow and strengthen our position in the market even faster. We also aim to expand our business to international markets," Olli Väätäinen, SC Software CEO.

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