Syslore Oy has been acquired by private equity-backed Escher Group
The shareholders of Syslore Oy have sold the company to Escher Group Holdings plc, a portfolio company of Hanover Investors Management LLP.
Helsinki-based Syslore develops high-performance address matching and recognition solutions for postal and logistics companies, helping them cut operational costs, maximize mail sorting automation, and deliver physical and digital mail streams more efficiently. Syslore’s products and solutions apply artificial intelligence, fuzzy matching, OCR/ICR, pattern recognition, image analysis and machine learning technologies to match and recognize addresses and other data with unrivaled accuracy and speed.
Escher Group Holdings, together with its subsidiaries, provides distributed messaging and data management solutions and services. The company develops, markets, sells, and supports enterprise-wide software applications for post office counter automation and distributed network communication. It offers postal solutions, including omni-channel strategy, postal counter automation, consumer engagement, e-commerce and logistics, digital mail solutions, and license and permit applications, grant solutions, e-government solutions, as well as professional services.
Oaklins’ team in Finland acted as the exclusive financial advisor to the shareholders of Syslore in this transaction.
Talk to the deal team
Optano, a leading provider of AI-powered operations solutions, acquired by A.T. Kearney
The private shareholders of Optano GmbH have sold the company to A.T. Kearney. Optano will support them on operation engagements, chiefly in AI-powered supply chain projects, and large-scale operation transformations.Learn more
BRM has been acquired by Alta Resources
The shareholders of BRM have sold the company to Alta Resources, a leading customer relations business process outsourcer.Learn more
TonyBet has acquired A Nossa Aposta
TonyBet enters the Portuguese market with the acquisition of A Nossa Aposta from Cofina.Learn more