Mandatum completed the investment in Integrata.

Mandatum, a financial services provider, completed the investment in Integrata, an HR and payroll administration company. Financial terms were not disclosed. “As a modern technology-driven operator leveraging AI and automation in HR and payroll, Integrata is an ideal addition to our portfolio. The company’s growth journey has been impressive – Integrata has been able to take market share from bigger players and achieve strong growth in a market that is only growing slightly. Integrata also boasts excellent customer and personnel satisfaction and has strong Finnish customer references. The challenges in which the company supports its Finnish customers are similar in the other Nordic countries as well. That is why Integrata is now in an ideal place for its next growth leap and expansion into the Nordic and European markets,” Rami Salonen, Mandatum Investment Manager.