Nordic software and services firm Digia has acquired Accountor Enterprise Solutions Oy, an ERP and CRM specialist, because its CEO Timo Levoranta sees those services as integral to future growth.
Levoranta (pictured) told CPI just hours after the deal closed that conversations with his customers have made it clear there is a demand for more complex projects.
"We see that ERP and CRM are one of the core systems and the engines of digitisation," he said.
"We just closed two hours ago. After this, we clearly are the leading provider for ERP solutions in the Finnish market.
"And across the Nordics, I think our customers will see the strength we have. We can deliver more complex and challenging projects and provide for them what they need in order to reap the benefits of digitisation."
Founded in 1990, Digia is based in Helsinki, Finland, with a headcount of over 1,200 people across the Nordics.
It logged FY2018 revenues of €112.1m, with an operating profit of €6.494m.
Accountor Enterprise Solutions Oy is the ERP and CRM services arm of Nordic outsourcing giant Accountor, the largest financial management and payroll processing services company in the Nordics.
The firm posted net sales of €12.7m in 2018, and has 114 staff.
Digia initiated its purchase in June for €9.4m.
Levoranta added that he sees its addition to Digia as being a key driver of the firm's future growth.
"If you look at our figures, we grew 19 per cent during Q1 , so we are strongly growing…
"And we grew almost 20 per cent last year. Accountor's expertise and staff will join our ERP and CRM arm and really strengthen that to drive further growth."
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