Accountor Holding Oy, majority owned by funds managed by Vitruvian Partners, has announced the divestment of Accountor ICT Oy (“Accountor ICT” or the “Company”) to Advania, a Nordic-wide IT services company.
Accountor ICT is an entity within Accountor Group, headquartered in Espoo, Finland. The Company is a leading Finnish IT environment and infrastructure provider. Core services include cloud and datacenter, digital lifecycle and service desk services. The Company employs c. 50 employees and generated sales of EUR 21.6 million in 2018.
The transaction was announced and closed on January 8, 2020.
The transaction value was not disclosed.
Carnegie acted as sole financial adviser to Accountor Holding Oy in connection with the transaction.