1. Home >
  2. M&A >
  3. Divestiture >
  4. Finland >
  5. Alma Media Acquires Netwheels

M&A Deal Summary

Alma Media Acquires Netwheels

On January 18, 2024, Alma Media acquired internet software and services company Netwheels from Sanoma Group

Acquisition Highlights
  • This is Alma Media’s 2nd transaction in the Internet Software and Services sector.
  • This is Alma Media’s 5th transaction in Finland.

M&A Deal Summary
Date 2024-01-18
Target Netwheels
Sector Internet Software and Services
Buyer(s) Alma Media
Sellers(s) Sanoma Group
Deal Type Divestiture

Target

Netwheels

Vantaa, Finland
Netwheels provides software as a service (SaaS) to the automotive industry. The company's services enable car retailers to digitalise their trade-in cars exchange, making distribution to sales channels easier and inventory management more efficient. Netwheels was founded in 2000 and is based in Vantaa, Finland.

Search 214,238 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Alma Media

Helsinki, Finland
Category Company
Founded 2005
Sector Media
Employees1,682
Revenue 313M EUR (2024)
DESCRIPTION

Alma Media is a media and service company focusing on digital services and publishing. Alma Media was founded in 2005 and is based in Helsinki, Finland.

DEAL STATS #
Overall 7 of 7
Sector: Internet Software and Services M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
Country: Finland M&A 5 of 5
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-11 Raksa ja KotiKauppa Oy

Helsinki, Finland

Raksa ja KotiKauppa Oy is a software company for ERP systems in new construction and renovation.

Buy -

Seller(S) 1

SELLER

Sanoma Group

Helsinki, Finland
Category Company
Sector Distribution
DESCRIPTION

Sanoma is a media and learning companies in Europe. We entertain, inform, educate and inspire millions of people every day — across media in multiple channels. We employ some 10,000 professional employees operating in Europe. Our key markets are Finland, The Netherlands, Belgium and Central & Eastern Europe.

DEAL STATS #
Overall 7 of 7
Sector: Internet Software and Services M&A 2 of 2
Type: Divestiture M&A Deals 7 of 7
Country: Finland M&A 4 of 4
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-19 Santillana Educacion S.L.

Tres Cantos, Spain

Santillana Educacion, S.L. is a global education operator present in all Latin American countries having a unique position and value proposition. It is currently exporting the subscription models successfully developed in Brazil to other markets and now reaches a total of 1.7 million students in the region, with a growth of 25% in the last annual period. Santillana Educacion was formed in 1960 and is based in Tres Cantos, Spain.

Buy €465M
Mergr

Solution for

Product

Company

Legal