Anecta advises in sale of Nitor Group Oy
Translink has acted as an advisor for Nitor Group Oy, of which Juuri Partners and Ilmarinen have acquired 30% of shares. Nitor Group is a renowned digital engineering company that has been awarded a Red Herring Global Top 100 award, ICT company of the year in Finland and one of the best employers in Europe from Great Place to Work®. Nitor Group, based in Helsinki and Stockholm with 200 employees, creates adaptive business-critical systems and services with a lifetime guarantee. The company has tripled its turnover over a five-year period and simultaneously increased its already market-leading profitability. Co-owner Ville Paasimaa is very pleased with the decision to involve Translink as a financial advisor: “This deal would never have happened without Translink. Processes like this are demanding and complex and need guidance from experienced advisors.”
Nitor Group, which is well-known for its high employee satisfaction will also expand the possibilities for its employees to own shares in the company.
Employee and customer satisfaction are key in our business. This investment makes it possible to continue developing our strengths without changing our company culture. We will continue to ensure that we are the best workplace for our employees.
– Olli Auvinen, CEO of Nitor Group
At Anecta Translink, we are seeing leading players in IT consultancy, as well as many other industries, continuing to perform despite the current pandemic. High-quality companies with good customer relations are seeing interest from both the private and public sectors. Leading players also attract competent staff looking for stability, which allows these companies to continue their organic growth and at the same time create conditions for inorganic growth.