Svea Ekonomi AB, one of the leading groups in credit management and financial services in Sweden, has acquired Maksuturva Group Oy and Maksuturva ICT Services Oy (together Maksuturva), with headquarters in Espoo, Finland. Financial details have not been disclosed.
Svea Ekonomi, a privately owned business founded in 1981, is one of the leading groups in credit management and financial services in Northern Europe. The company's service portfolio includes invoice services, factoring, invoice purchasing and debt collection.
Founded in 2007, Maksuturva, is a payment institution specializing in intelligent payments, operating at an international level. The company’s clients include the Finnish Olympic Committee, Zalando, Neste, Holiday Club, Reima and Kotipizza. Maksuturva ICT Services Oy, is responsible for the technical implementation of payment services in partnership with certified service providers.
Oaklins' team in Sweden advised the buyer in this transaction. The team in Finland supported the transaction.
Lennart Ågren, CEO and owner of Svea Ekonomi AB, said: " Through their experience of transactions in the financial services sector, as well as strategic and financial competence, Oaklins' Swedish team had a vital role throughout the acquisition process. We are very pleased with their efforts and the value we have been able to create for Svea Ekonomi."
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