M&A Deal Summary

ECIT Acquires TietoAkseli

On August 5, 2025, ECIT acquired business services company TietoAkseli from MB Funds

Acquisition Highlights
  • This is ECIT’s 1st transaction in the Business Services sector.
  • This is ECIT’s 1st transaction in Finland.

M&A Deal Summary

Date 2025-08-05
Target TietoAkseli
Sector Business Services
Buyer(s) ECIT
Sellers(s) MB Funds
Deal Type Add-on Acquisition

Target

TietoAkseli

Jyvaskyla, Finland
TietoAkseli is a Finnish specialist providing financial administration and accounting, HR and payroll, auditing as well as transaction advisory services for small and medium sized companies and organizations. TietoAkseli was founded in 1991 and is based in Jyvaskyla, Finland.

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Buyer(S) 1

Buyer

ECIT

Fornebu, Norway

Category Company
Founded 2013
Sector Business Services
DESCRIPTION

ECIT offer high competence and products within accounting, payroll, IT and business solutions. ECIT was founded in 2013 and is based in Fornebu, Norway.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Finland M&A 1 of 1
Year: 2025 M&A 1 of 1

Seller(S) 1

SELLER

MB Funds

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1988
PE ASSETS 500M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

MB Funds is a Finnish private equity firm focused on buy-outs, privatizations, buy and builds, and expansion capital transactions. The Firm targets mid-market companies throughout Scandinavia with €20 to €200 million in revenue. MB Funds was established in 1988 and is headquartered in Helsinki.


DEAL STATS #
Overall 21 of 21
Sector: Business Services M&A 4 of 4
Type: Add-on Acquisition M&A Deals 14 of 14
Country: Finland M&A 19 of 19
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-11 StaffPoint

Helsinki, Finland

StaffPoint is a provider of human resources management services. StaffPoint group comprises two business areas: staffing and recruitment services and coaching services. StaffPoint was founded in 1971 and is based in Helsinki, Finland.

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