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
Managing PartnerStockholm, Sweden
Westiform, ID Néon and Nicklex merge to form WIN Group
The shareholders of Westiform Group have sold their shares to WIN Group, a newly created entity owned by the Hofmann family and consisting of ID Néon and Nicklex, two major players in the visual communication market in Switzerland.Learn more
BaltCap has sold Labochema to French laboratory supply distributor Dominique Dutscher
BaltCap Lithuania SME Fund has sold its 46% shareholding in Labochema UAB, a Lithuanian laboratory supplies trading company, to Dominique Dutscher. Labochema’s CEO and the chairman also sold their shareholdings. As a result of the transaction, Dominique Dutscher now controls 100% of Labochema.Learn more
Nothelle Group has been acquired by Perpetua
The private shareholder of Nothelle Group, a German provider of innovative customer contact services, has sold a majority stake to the Berlin-based financial investor Perpetua Holding GmbH.Learn more