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M&A Deal Summary

Frendy Acquires Wisdomic

On September 1, 2021, Frendy acquired information technology company Wisdomic

Acquisition Highlights
  • This is Frendy’s 2nd transaction in the Information Technology sector.
  • This is Frendy’s 3rd transaction in Finland.

M&A Deal Summary
Date 2021-09-01
Target Wisdomic
Sector Information Technology
Buyer(s) Frendy
Deal Type Add-on Acquisition

Target

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.

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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 3 of 3
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Finland M&A 3 of 3
Year: 2021 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-16 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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