M&A Deal Summary

Administer Acquires Silta

On June 6, 2018, Administer acquired business services company Silta from Sentica Partners for 17M EUR

Acquisition Highlights
  • This is Administer’s 1st transaction in the Business Services sector.
  • This is Administer’s largest (disclosed) transaction.
  • This is Administer’s 1st transaction in Finland.

M&A Deal Summary
Date 2018-06-06
Target Silta
Sector Business Services
Buyer(s) Administer
Sellers(s) Sentica Partners
Deal Type Add-on Acquisition
Deal Value 17M EUR

Target

Silta

Helsinki, Finland
Silta is the market leader in the Finnish payroll outsourcing market. The company provides a comprehensive portfolio of payroll services and related consulting services.

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Buyer(S) 1

Buyer

Administer

Helsinki, Finland
Category Company
Sector Business Services
DESCRIPTION

Administer is a Finnish, authorized financial management services provider specialised in digital accounting. Our services include real-time electronic solutions as well as the support of experienced accounting professionals, whose continuous training enables an effective, precise and high-quality service.

DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Finland) 1 of 1
Year (2018) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

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 20 of 25
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 4 of 6
Country (Finland) 20 of 25
Year (2018) 1 of 2
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-01 Purkupiha

Lahti, Finland

Purkupiha is a reliable service provider in all areas of demolition. The group’s business operations consist of heavy demolition, hazardous substance removal and recycling. These three co-operative business areas enable the group to provide comprehensive demolition services for its customers. Purkupiha is based in Lahti, Finland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-09 Tammermatic

Pirkkala, Finland

Tammermatic is a global, high-tech company that manufactures vehicle wash systems for cars, heavy transport vehicles, buses, rail fleets and a variety of special equipment. Tammermatic was founded in 1966 and is based in Pirkkala, Finland.

Sell -
Mergr

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