Finnish circular economy company Taitonetti is acquired by the private equity firm Saari Partners

Nordic Option and the private shareholders of Taitonetti Ltd have sold the company to Saari Partners.

Taitonetti is the leading vendor of second hand and refurbished computers in Finland. The company focuses on refurbishing and sale of corporate laptops and gaming desktops mainly via an online webstore. Taitonetti’s customers include consumers, corporations and educational institutions. In addition, the company has two separate brands for retailers. Taitonetti has one brick-and-mortar store as well as production facilities in Oulu, Finland. Taitonetti has a market share of approximately 40%. The company has expanded its operations abroad by opening online webstores in Sweden and Germany. Additionally, Taitonetti has a sales distribution channel in the Baltics. In 2022, the company sold approximately 30,000 computers and has 30 employees.

Saari Partners, established in 2018, is a Finnish fund manager for the Saari I & Saari II private equity funds. The funds invest in Finnish small and mid-sized service companies with entrepreneurial drive and the potential to achieve a competitive advantage.

Oaklins’ team in Finland acted as the exclusive sell-side advisor to Taitonetti’s shareholders.

Dienst

Fusies & overnames (sell-side)

Partijen

“Through its collaborative effort and dedicated approach, the Oaklins team conveyed the strategic strengths and potential of our business to the pool of interested potential acquirors, anticipated and handled the challenges throughout the process and negotiated rewarding terms on our behalf. While the sale process presented unexpected complexities, Oaklins’ support ensured it remained organized and on schedule, ultimately exceeding our initial expectations.”

Mikko Veijola

CEO and Chairman of the Board, Taitonetti Ltd

Neem contact op met het dealteam

Joni Pitkäranta

Partner

Helsinki, Finland
Oaklins Finland

Bekijk profiel Contact

Samuli Karjalainen

Senior Analyst

Helsinki, Finland
Oaklins Finland

Bekijk profiel Contact

Gerelateerde deals

Royal Reesink has sold Motrac Industries to Anders Invest

Private Equity | Industriële Machines & Componenten

Royal Reesink has sold Motrac Industries to Anders Invest

Royal Reesink and Anders Invest have completed the sale of Motrac Industries, a specialist in hydraulic and electrical engineering.

Lees verder

STAC has been acquired by n2 Group

Zakelijke Dienstverlening | TMT

STAC has been acquired by n2 Group

Strategic Technology Analysis Center (STAC), a world leader in financial-technology benchmarking and events, has been acquired by n2 Group, the UK specialists in advanced computation and IT infrastructure.

STAC joins NAG and VSNi in the growing community of n2 Group companies dedicated to advancing computation through collective innovation, technical excellence and long-term strategic growth. STAC will operate as an independent business within n2, maintaining its brand, identity and ethos.

Lees verder

Winking Studios Limited completes a secondary fundraising of US$20 million

Andere Sectoren | TMT

Winking Studios Limited completes a secondary fundraising of US$20 million

Winking Studios has successfully raised US$20 million to fund its business strategy and future plans, such as strategic acquisitions, alliances and joint ventures as well as secondary or dual listings, to grow the group’s market share and broaden its customer base globally.

Lees verder