Go to deals
Business Support Services | TMT

Syncore Technologies AB has been acquired by Etteplan Oyj

February 2022 — The private shareholders of Syncore Technologies AB have sold the company to Etteplan Oyj.

Syncore is a technology services company focusing on advanced embedded systems. With roots dating back to 2000, Syncore is specialized in advanced embedded systems projects such as design, hardware and software development, and product lifecycle services, particularly for customers in the industrial systems, aerospace and defense industries.

Etteplan provides software and embedded solutions for industrial equipment, plant engineering and technical documentation to the world’s leading companies in the manufacturing industry. The firm employs over 3,800 professionals in Finland, Sweden, the Netherlands, Germany, Poland, Denmark and China. It is listed on Nasdaq Helsinki.

Our role in the transaction

Oaklins’ team in Sweden acted as financial advisor to the owners and management of Syncore Technologies AB in connection with the sale to the engineering services company Etteplan Oyj. The team in Finland supported the transaction.

Parties
“We see a lot of opportunities for collaboration – as a part of Etteplan, we can reach more customers and execute more complex projects. This also gives our business and colleagues diverse opportunities for development and growth. The Oaklins team has provided excellent support throughout the whole transaction, and I am impressed by Oaklins’ dedication, professionalism and pragmatic approach every step of the way.”

Mattias From

Founder and CEO, Syncore Technologies AB

Talk to the deal team

Adel Koubaa

Managing Partner
Stockholm, Sweden
Oaklins Sweden

Pekka Suhonen

Managing Partner
Helsinki, Finland
Oaklins Finland

Lars Gustafsson

Partner
Stockholm, Sweden
Oaklins Sweden

Jakob Mårtensson

Partner
Stockholm, Sweden
Oaklins Sweden

Related deals

GP-Connect has joined forces with Transformation Capital to accelerate growth
Private Equity | Business Support Services

GP-Connect has joined forces with Transformation Capital to accelerate growth

Transformation Capital, a Netherlands-based investment firm, has joined forces with GP-Connect, a leading international secondment platform with specialized brands serving the hospitality, IT, skilled labor, technical services and dental sectors. As part of the transaction, GP-Connect welcomes Transformation Capital as its new shareholder to support the company’s next phase of growth, while the founders and existing shareholders will remain actively involved. The partnership will focus on executing a targeted buy-and-build strategy, expanding the business internationally and further strengthening GP-Connect’s portfolio.

Learn more
itemedical has been acquired by Halma
Healthcare | TMT

itemedical has been acquired by Halma

itemedical, a Netherlands-based provider of digital platforms that integrate real-time patient data and alarms from a wide range of medical devices to support clinical decision-making and workflow efficiency in hospitals, has been acquired by Halma plc, a global group of life-saving technology companies. The acquisition represents a milestone in itemedical’s development and provides a platform for its next phase of growth. By joining Halma’s healthcare sector as a business unit of Halma subsidiary Static Systems Group (SSG), itemedical will strengthen its position as a provider of digital hospital workflow solutions, benefiting from access to a global network of technology businesses, resources to accelerate innovation and opportunities to expand its international footprint.

Learn more
Evoke Creative has been acquired by Steliau Technology
TMT

Evoke Creative has been acquired by Steliau Technology

Private equity firm BGF has sold Evoke Creative Ltd., an international provider of interactive digital solutions, to Steliau Technology, a company backed by Astorg Partners. Evoke will continue to operate as an independent brand while benefiting from the wider group’s support to accelerate international expansion, increase product innovation and strengthen its position in key vertical markets.

Learn more