M&A Deal Summary

AinaCom Oy Acquires BookIT Finland Oy

On October 22, 2008, AinaCom Oy acquired communications company BookIT Finland Oy from Tesi

Acquisition Highlights
  • This is AinaCom Oy’s 1st transaction in the Communications sector.
  • This is AinaCom Oy’s 1st transaction in Finland.

M&A Deal Summary

Date 2008-10-22
Target BookIT Finland Oy
Sector Communications
Buyer(s) AinaCom Oy
Sellers(s) Tesi
Deal Type Add-on Acquisition

Target

BookIT Finland Oy

Helsinki, Finland
BookIT Finland Oy is a provider of Communication services.

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Buyer(S) 1

Buyer

AinaCom Oy

Espoo, Finland

Category Company
Founded 1994
Sector Information Technology
DESCRIPTION

AinaCom Oy is a provider of telecommunication and IT services for consumers and companies. On rapidly changing ICT-markets our strengths are traditional customer service and over 125-years strong experience on telecommunications field.


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Finland M&A 1 of 1
Year: 2008 M&A 1 of 1

Seller(S) 1

SELLER

Tesi

Investor Investor Investor Investor Investor


Category Sovereign Wealth Fund
Founded 1995
PE ASSETS 2.4B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Tesi is a Finnish venture capital and private equity firm specializing in fund and direct investments. Tesi specifically targets minority investments in early, growth stage, and established businesses. Areas of interest include industrial, mining, software, business and consumer services, healthcare, life science, cleantech, and marine. Tesi was established in 1995 and it is based in Helsinki.


DEAL STATS #
Overall 4 of 33
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 19
Country: Finland M&A 3 of 30
Year: 2008 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-10-10 Holiday Club Resorts

Helsinki, Finland

Holiday Club Resorts is a provider of leisure travel services and a significant operator in the tourism business, Holiday Club Resorts is based in Helsinki, Finland.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-29 Eniram Oy

Helsinki, Finland

Eniram Oy is a Finland-based technology company providing the marine industry with energy management and analytics solutions. Eniram provides the maritime industry with energy management technology to reduce fuel consumption and emissions. Eniram’s solutions range from single onboard applications for trim, speed and engine optimisation to comprehensive fleet analysis.

Buy -