Syslore Oy has been acquired by private equity-backed Escher Group
September 2021 — The shareholders of Syslore Oy have sold the company to Escher Group Holdings plc, a portfolio company of Hanover Investors Management LLP.
Helsinki-based Syslore develops high-performance address matching and recognition solutions for postal and logistics companies, helping them cut operational costs, maximize mail sorting automation, and deliver physical and digital mail streams more efficiently. Syslore’s products and solutions apply artificial intelligence, fuzzy matching, OCR/ICR, pattern recognition, image analysis and machine learning technologies to match and recognize addresses and other data with unrivaled accuracy and speed.
Escher Group Holdings, together with its subsidiaries, provides distributed messaging and data management solutions and services. The company develops, markets, sells, and supports enterprise-wide software applications for post office counter automation and distributed network communication. It offers postal solutions, including omni-channel strategy, postal counter automation, consumer engagement, e-commerce and logistics, digital mail solutions, and license and permit applications, grant solutions, e-government solutions, as well as professional services.
Our role in the transaction
Oaklins’ team in Finland acted as the exclusive financial advisor to the shareholders of Syslore in this transaction.
Talk to the deal team
Related deals
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 moreEvoke 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 moreTechnolignes builds an Eastern Canada leader with the acquisition of C3F Telecom
C3F Telecom Inc. has been acquired by Technolignes as part of its strategy to build a leading telecommunications infrastructure platform across Eastern Canada. The transaction brings together two highly complementary businesses, combining C3F’s engineering and network design expertise with Technolignes’ established field construction capabilities and regional presence. Together, the companies are well positioned to deliver end-to-end telecommunications infrastructure solutions to telecom operators, municipalities and public sector clients across a broader geographic footprint.
Learn more