Solteq - M&A Summary and Business Overview

SoftwareCompany

Solteq M&A Summary

Solteq has acquired 4 companies. It has also divested 2 assets.

Solteq’s largest acquisition to date was in 2016, when it acquired Aponsa AB for $1M. It’s largest disclosed sale occurred in 2016, when it sold MainIoT Software Oy to Industrial & Financial Systems IFS AB for $8M. Solteq has acquired in 2 countries. The Company’s most targeted sectors include information technology (50%) and internet software and services (25%).

Solteq Business Overview

Where is Solteq headquartered?

Solteq is headquartered in Vantaa, Finland.

What is Solteq’s revenue?

Solteq disclosed revenue of 60M EUR for 2020 and 58M EUR for 2019.

How many employees does Solteq have?

Solteq has 627 employees.

What sector is Solteq in?

Solteq is a software company.

When was Solteq founded?

Solteq was founded in 1982.

M&A Summary

  • M&A Total Activity6
    • M&A Buy Activity4
    • M&A Sell Activity2
  • Total Sectors Invested 3
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 2

Solteq

Solteq Oyj

KarhumAeentie 3 5th Floor,
Vantaa, 01530
Finland,
+358 1032 70011
www.solteq.com

Solteq is a provider of software solutions to logistics industry. Solteq was founded in 1982 and is based in Vantaa, Finland.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 4 - - - - - 4
vol $1M $1M
Sell (0.2/yr) # 1 - - - 1 - 2
vol $8M $8M
  6

Most Recent M&A

Company Date Value Type
Solteq Oyj - ERP Business 2023-04-17 - Divestiture
Vantaa, Finland
Analyteq Oy 2017-04-05 - Add-on Acquisition
Vantaa, Finland
Pardco Group Oy 2016-12-20 - Add-on Acquisition
Jyvaskyla, Finland · www.pard.co
Aponsa AB 2016-10-25 1M EUR Add-on Acquisition
Stockholm, Sweden · www.aponsa.se
MainIoT Software Oy 2016-03-01 8M EUR Divestiture
, Finland · www.mainiot.fi
Descom Group Oy 2015-06-22 - Add-on Acquisition
Jyväskylä, Finland · www.descom.fi
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Information Technology 2 (50%) 1M (100%) - -
Software 1 (25%) - 1 (50%) 8M (100%)
Internet Software and Services 1 (25%) - - -
Business Services - - 1 (50%) -
Total 4 $1M 2 $8M

By Geo

State/Country Buy Value Sell Value
Finland 3 - 2 8M
Sweden 1 1M - -
Domestic 3 (75%) - 2 (100%) 8M (100%)
Cross-border 1 (25%) 1M (100%) - -
Total 4 $1M 2 $8M

Deal Values

buy # Total
< $100M 1 $1M
TOTAL $1M
Largest Aponsa AB
$1M (2016-10-25)
sell # Total
< $100M 1 $8M
TOTAL $8M
Largest MainIoT Software Oy
$8M (2016-03-01)

M&A Connections

Deals
Divested to
Strategic(s)
100%
2 (100%)

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Software Companies , Finland Companies