Cerion Solutions has been acquired by public company Netum Group

Oaklins' team in Finland has advised the shareholders of Cerion Solutions Ltd on the sale of the company to Netum Group Plc, whose shares are listed on Nasdaq First North Growth Market.

Founded in 2004, Cerion Solutions is a knowledge management and digitization services company that provides data warehousing and analytics solutions and builds customer-specific solutions for the digitization of business processes. Cerion enables businesses and public sector organizations to make the best possible use of large amounts of data and information to support and enhance business processes.

Netum Group is a strongly growing IT services company with over 20 years of experience of demanding IT projects. The company serves public administrations and corporate customers with the Legacy to Digi® concept, which combines existing traditional IT solutions with the latest digital applications. Netum’s services include digital service development, continuity services, integration services, cyber security services as well as management consulting services. The company employs over 160 people in Helsinki, Tampere, Turku and Pori, Finland. Netum Group’s shares are listed on Nasdaq First North Growth Market in Helsinki.

Oaklins' team in Finland acted as an exclusive financial advisor to the seller in this transaction. Through this transaction Netum and Cerion Solutions will form an expert organization of 200 professionals that are able to offer the customers more competitive solutions for data and knowledge management, and promote digitalization.

For further information, talk to the deal team

Jyrki laune
Jyrki Laune Helsinki, Finland
Senior Advisor
View profile

NEVER MISS AN UPDATE

Get our M&A news, market insights and updates delivered to your mailbox.

Subscribe

Related TMT articles