Investment Summary

Sentica Partners Invests In Openbit Oy

On May 1, 2002, private equity firm Sentica Partners invested in information technology company Openbit Oy

Investment Highlights
  • This is Sentica Partners’ 1st transaction in the Information Technology sector.
  • This is Sentica Partners’ 2nd transaction in Finland.
Investment Fate
  • Openbit Oy was sold to a strategic buyer in 2008 for 15M USD.

Investment Summary

Date 2002-05-01
Target Openbit Oy
Sector Information Technology
Investor(s) Sentica Partners
Deal Type Stake Purchase

Target

Openbit Oy

Finland
Openbit is the leading provider of solutions that seamlessly integrate on‐device payment and digital rights management for mobile applications. The customers of the company include leading mobile device manufacturers, operators and application developers. T

Search 214,876 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

Sentica Partners

Helsinki, Finland

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2004
PE ASSETS 500M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Sentica Partners is a private equity group focused on investing in and developing small to mid-sized Finnish companies. Sentica looks for businesses generating sales of €10 to €100 million. The Firm is a generalist investor, but areas of particular interest include IT services, healthcare services and products, business services, consumer goods, manufacturing, and engineering. Sentica Partners in its present form was founded in 2004. The Firm has offices in Helsinki and Kuopio.


DEAL STATS #
Overall 2 of 41
Sector: Information Technology M&A 1 of 4
Type: Stake Purchase M&A Deals 1 of 3
Country: Finland M&A 2 of 40
Year: 2002 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-01-01 Samesor Oy

Kuopio, Finland

Samesor® has been designing and manufacturing innovative production lines for the sheet metal working industry world wide.Today based on our experience of hundreds of production lines delivered, we offer proven know-how in sheet metal technology for the success of our customers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-03-01 Plenware Oy

Tampere, Finland

Plenware Oy, an information technology company, provides software development services and data communication solutions for companies in the industrial, telecommunication, finance, and media sectors.

Buy -