Luxid Group has sold a minority stake to Voland Partners
August 2024 — Finnish marketing technology pioneer Luxid Group has sold its minority stake to the private equity company Voland Partners to boost its international growth.
Luxid Group is an international digital marketing agency that provides services to support B2B and D2C companies’ marketing. Luxid’s data-driven service offering covers analytics, technology, creativity and strategic management. Luxid Group employs 130 digital marketing professionals and has offices in Austin, London, Helsinki and Turku.
Voland Partners is a minority investor specializing in the development of technology companies. Voland helps ambitious entrepreneurs succeed by systematically and strategically developing the company and creating success stories together from which the entire society benefits.
Our role in the transaction
Oaklins’ team in Finland acted as the sell-side financial advisor to the owners of Luxid in this transaction.
Talk to the deal team
Related deals
Cibus has acquired Aweta from Standard Investment
Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.
Learn moreGroGlass has been acquired by Apogee Enterprises
Apogee Enterprises, Inc. (Nasdaq: APOG), a leading US provider of architectural building products, services and high-performance coated materials, has acquired GroGlass, a Latvia-based developer and manufacturer of high-performance anti-reflective and UV-protective glass coatings. The acquisition brings GroGlass’ differentiated coating technologies and materials science expertise into Apogee’s performance surfaces segment, broadening its product offering and market reach while expanding its manufacturing and R&D presence in Europe.
Learn moreNextalia has acquired a majority stake in Witapp
Nextalia SGR S.p.A. has acquired a majority stake in Witapp S.r.l., an Italian company specializing in software development for the digitization of healthcare infrastructure. The acquisition strengthens Nextalia’s track record in technology companies serving the public sector and supports its strategy of investing in businesses operating at the intersection of healthcare digitization and the modernization of public services.
Learn more