Cerion Solutions has been acquired by Netum Group
September 2021 — Cerion Oy has sold Cerion Solutions Oy to the publicly listed company Netum Group Oyj.
Founded in 2004, Cerion Solutions is a knowledge management and digitization company that provides data warehousing and analytics solutions and builds customer-specific solutions for the digitization of business processes. Cerion enables businesses and public sector organizations to make the best possible use of digital solutions.
Netum Group is a fast-growing IT services company with over 20 years of experience of demanding IT projects. The company serves public administrations and corporate customers with the Legacy to Digi® concept, which combines existing traditional IT solutions with the latest digital applications. Netum’s services include digital service development, continuity services, integration services and cyber security, as well as management consulting services. The company employs over 160 people in Helsinki, Tampere, Turku and Pori, Finland. Netum Group’s shares are listed on Nasdaq First North Growth Market in Helsinki.
Together, Netum and Cerion Solutions will form an expert organization of 200 professionals that is able to offer its customers more competitive solutions for utilizing data and knowledge management, as well as promoting digitalization.
Our role in the transaction
Oaklins’ team in Finland acted as the exclusive advisor to the seller in this transaction.
Talk to the deal team
Related deals
Moneybox’s employee share sale has set another milestone for London’s Private Securities Market
The London Stock Exchange’s Private Securities Market (PSM) continues to demonstrate its potential as a venue for providing shareholder liquidity in high-growth private companies. Following the successful employee share sale for autonomous driving pioneer Wayve earlier this month, fintech leader Moneybox has completed a US$61 million (£45 million) employee liquidity event through the PSM. By structuring the transaction as an employee liquidity event, long-serving employees with vested equity have been able to realize some of the value they helped create while enabling Moneybox to remain private and continue its growth journey. Crowdcube managed the employee seller and investor participation process.
Learn moreTA Associates has completed a sell-down of its stake in Eurowag
TA Associates has completed a US$40 million accelerated bookbuild (ABB), selling approximately 4.3% of its shareholding in W.A.G. payment solutions AS (Eurowag) through a secondary offering on the London Stock Exchange. The transaction formed part of the private equity sponsor’s continued partial exit following its investment in Eurowag in 2015. The offering attracted strong demand from international institutional and Czech investors, resulting in a successful placement at US$1.33 per share, a 7.4% discount to the previous close and a 2.2% discount to the one-month volume-weighted average price (VWAP).
Learn moreDIGMATIX has entered the Czech market through the acquisition of LLP CRM
DIGMATIX has acquired LLP CRM, a Czech Microsoft Dynamics 365 Customer Engagement specialist. The acquisition marks DIGMATIX’s entry into the Czech market and strengthens the group’s capabilities in customer relationship management (CRM), sales automation, customer service and AI-powered business solutions.
Learn more