M&A Deal Summary

Frendy Acquires InData

On June 16, 2021, Frendy acquired information technology company InData

Acquisition Highlights
  • This is Frendy’s 1st transaction in the Information Technology sector.
  • This is Frendy’s 2nd transaction in Finland.

M&A Deal Summary

Date 2021-06-16
Target InData
Sector Information Technology
Buyer(s) Frendy
Deal Type Add-on Acquisition

Target

InData

Rovaniemi, Finland
InData offers quality ICT solutions to companies and public administration organizations. InData's maintenance and installation services help you with an IT problem. InData is based in Rovaniemi, Finland.

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Buyer(S) 1

Buyer

Frendy

Helsinki, Finland

Category Company
Founded 2021
Sector Information Technology
Employees360
Revenue 49M EUR (2021)
DESCRIPTION

Frendy is an IT service provider for SMEs. Frendy delivers IT support, IT security, equipment, networks, data center, and cloud services as well as document handling solutions via its local offices across the country. Frendy was founded in 2021 and is based in Helsinki, Finland.


DEAL STATS #
Overall 2 of 3
Sector (Information Technology) 1 of 2
Type (Add-on Acquisition) 2 of 3
Country (Finland) 2 of 3
Year (2021) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-16 Tietokonemaailma

Helsinki, Finland

Tietokonemaailma offers a wide range of equipment and services related to computers and camera recorders. Tietokonemaailma delivers servers tailored to the customer's special needs, e.g. access control, measuring equipment, DVR, and NVR solutions. Tietokonemaailma was founded in 1995 and is based in Helsinki, Finland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-01 Wisdomic

Kaarina, Finland

Wisdomic is a Finnish IT services company focused on cyber security services, cloud and data center solutions, equipment and user support services, as well as IT infrastructure maintenance and monitoring. Wisdomic is based in Kaarina, Finland.

Buy -