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.
Tommy Nordahl
Founder, Riada AB
Talk to the deal team
Related deals
Top Systems teams up with Holland Capital to create the premier Dutch battery-based solutions provider
Holland Capital, a Netherlands-based private equity firm, has acquired a stake in Top Systems, a leading provider of complete battery-based power solutions, with a unique value-added services proposition.
Learn moreSoler & Palau Ventilation has acquired subsidiaries of United Enertech Holdings
Soler & Palau Ventilation, Inc. (S&P) has acquired subsidiaries of United Enertech Holdings, LLC. (UEH). The subsidiaries included Air Conditioning Products, LLC; Air Performance, LLC; Metal Form Manufacturing, LLC; and United Enertech Corp.
Learn moreInfotreasury has been sold to Matera
Matera, a leading banking software company with world-class instant payments and core banking solutions, has acquired Infotreasury.
Learn more