Anecta advises the Finnish owners of Silverbucket Oy in sale to Danish software company EG A/S

Anecta advises the owners of Finnish SaaS company Silverbucket Oy in the share sale and reinvestment into Francisco Partners-backed Danish software company EG A/S

Silverbucket Oy offers a best-of-breed resource management software embraced by industry leaders, enabling customers to move past the Excel spreadsheet environment into a user-friendly subscription-based desktop solution. Silverbucket has reached undisputed market leadership in the home market and gained strong traction within key segments across the Nordics, especially in Sweden. Today, Silverbucket has 30 000 users in around 10 countries. The company was founded in 2010 in Tampere.

The acquisition enables EG to enter the Finnish construction industry and adds a strong resource management product to the company’s already comprehensive portfolio within this industry segment.

Silverbucket fits perfectly into EG Construction’s product range and complements our other financial and project management tools. We will now also offer the new project software to Norwegian and Danish contractors and architects.

-Aleksander Bjaaland, VP, EG Construction.

The owners of Silverbucket look forward to continuing the company’s robust growth together with EG, with the aim of being the obvious tool-of-choice for project resource management. Janne Kanerva, one of the three co-founders and CEO of Silverbucket comments the cooperation and process with Anecta:

We wanted to find a partner that can support our growth in the core markets. All the three of us founders were amazed of the dedication and hard work Anecta put to the project. They were our rock during the process and introduced us to EG A/S – a perfect partner to grow with.

-Janne Kanerva, co-founders and CEO of Silverbucket.

The transaction team consisted of  Partner Fredrik Ullberg, Partner Ruben Moring, Analyst Tomi Mustonen.

Anecta comments

It’s always exciting working with fast growing companies that have established a strong position on their niche market through a SaaS business model. With EG A/S as new owners, Silverbucket have all the prerequisites for further strong growth. The cross-border transaction is evidence of Anecta’s a vast network and presence throughout the Nordics

- Fredrik Ullberg, Partner Anecta