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M&A Deal Summary

itelligence-group Acquires Pasafin

On November 30, 2020, itelligence-group acquired information technology company Pasafin

Acquisition Highlights
  • This is itelligence-group’s 1st transaction in the Information Technology sector.
  • This is itelligence-group’s 1st transaction in Finland.

M&A Deal Summary
Date 2020-11-30
Target Pasafin
Sector Information Technology
Buyer(s) itelligence-group
Deal Type Add-on Acquisition

Target

Pasafin

Espoo, Finland
Pasafin is a well-known Finnish consultancy business that decided early on to specialize in consulting services for cloud-based SAP solutions, such as SAP SuccessFactors for the field of human capital management. Pasafin has a network of many well-known Finnish clients and is also a sought-after consultancy for companies operating internationally. Pasafin was founded in 2005 and is based in Espoo, Finland.

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Buyer(S) 1

Buyer

itelligence-group

Cincinnati, Ohio, United States
Category Company
Sector Information Technology
DESCRIPTION

itelligence, Inc. is a provider of IT strategy and transformation consulting, software deployment and implementation, as well as application management and managed cloud services. itelligence is based in Cincinnati, Ohio.

DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Finland M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-03 FH S.A.

Curtibia, Brazil

FH S.A. offers SAP services and software development. It provides end-to-end services for SAP S/4HANA, SAP C/4HANA, as well as its own tax software (GUEPARDO and ECG). FH S.A. was founded in 1999 and is based in Curitiba, Brazil.

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