IMAP Finland (Carner CF) advises Softera, a provider of Business Support Systems (BSS), on sale to US based Banyan Software

Banyan is a leading acquirer and permanent home for successful enterprise SaaS businesses.

Founded in 2007, Softera is a provider of Business Support Systems (BSS) and Contact Center as a Service (CCaaS). Softera’s solutions for electronic transactions, product and contract management and invoicing are deeply integrated into its customers’ daily operations, playing a critical role in their success and customer satisfaction. These solutions include ERP system Softera 360°, and Softera Horizon, a system for managing customer service and encounter processes.

Banyan is a leading acquirer and permanent home for successful enterprise SaaS businesses. Established in 2016, Banyan is backed by a group of CEOs and investors with deep technology experience and currently operates across a growing number of verticals. Following the acquisition of Softera, Banyan plans to partner with more businesses in the Nordic region.

Erik Dahl, Investment Director, Head of Nordics at Banyan Software, comments:

“We are thrilled to welcome Softera to the Banyan family. This acquisition represents an exciting milestone as we plan to partner with more outstanding businesses in the Nordic market. Softera has a long history of delivering mission critical solutions to leading telecom companies, and we look forward to working with them in this next chapter of growth.”

After the transaction, Softera remains an independent supplier and continues to further develop and improve its service offering as part of and supported by globally operating, rapidly growing Banyan.

Teemu Nyberg, CEO of Softera, comments:

“Partnering with Banyan Software is a significant opportunity for Softera. Banyan’s approach to investing in and nurturing software businesses aligns with our values and long-term goals. We look forward to leveraging Banyan’s resources and expertise to drive further innovation and growth. The change in ownership will not only preserve but enhance our commitment to serving our customers, ensuring continued and improved service into the future.”

IMAP Finland (Carner CF) advised the owners of Softera Oy throughout the sale process.