M&V Software Oy acquired by Vitec Software Group AB
For the second time in 2019, IMAP Finland advised Vitec Software Group AB in its transaction in Finland when Vitec acquired M&V Software Oy, a vertical software developer for parishes known for its Katrina software product. Earlier in 2019, Vitec acquired Avoine Oy, a vertical software developer for smaller unions and local associations known for its Sence and Yhdistysavain software products. Both acquisitions well support Vitec’s growth plan, creating together close to 5 M€ revenue increase for Vitec’s year-on-year level with the majority being SaaS revenue.
We love to hear from you. Our team is always here to chat.
Contact form
Thank you for your interest in IMAP. Please use the form below to tell us more about your current situation and we’ll be sure to have the right professional get back to you as soon as possible.
