Riada has been acquired by Eficode
Riada AB has been acquired by Eficode Oy. Through the acquisition of Riada, Eficode strengthens its growth within the Atlassian software ecosystem and in the adoption of agile and DevOps practices and tools. Combined, Eficode and Riada become the undisputed leader in the Atlassian market in Northern Europe.
Riada, founded in 2005, is a market leader in Atlassian consulting and the provider of managed services for Atlassian software in Sweden. The company provides all Atlassian applications and agile services tailored to the customer’s needs. The offering ranges from expert consulting and hosted solutions to training and license sales. Headquartered in Stockholm, Sweden, Riada serves customers in the Nordics within a broad number of industries such as banking, public sector, IT and technology, automotive and security. Riada’s revenues amount to approximately US$17 million.
Eficode is a company offering products and services within DevOps, software design and development and application management. It is headquartered in Helsinki, Finland, and operates in seven different European markets. Eficode employs approximately 400 professionals.
Oaklins’ Swedish team was engaged to run a structured sale process and advised the seller throughout the transaction.
Founder, Riada AB
Talk to the deal team
Confirma Software has acquired Quick Systems
Quick Systems AS has become part of Confirma Software, backed by Abry Partners.Learn more
PSG Equity has made a strategic growth investment in Rodeo Software
PSG Equity has made a strategic growth investment in Rodeo Software B.V., the leading project management SaaS platform, to accelerate its growth through increased GTM investment and geographical expansion.Learn more
Agar Scientific has been acquired by Calibre Scientific
Agar Scientific Ltd. (Agar) has been sold to Molecular Dimensions Limited, a subsidiary of Calibre Scientific, Inc., a US-based life sciences company, owned by international private investment firm StoneCalibre.Learn more