Add-on Acquisition • Technology Hardware

OPEN Acquires Finnpos Systems Oy

On December 21, 2017, OPEN acquired technology hardware company Finnpos Systems Oy

Acquisition Context

This is OPEN’s 2nd transaction in the Technology Hardware sector.
This is OPEN’s 1st transaction in Finland.

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M&A Deal Summary
Date	December 21, 2017
Target	Finnpos Systems Oy
Sector	Technology Hardware
Buyer(s)	OPEN
Deal Type	Add-on Acquisition

Target Company

Finnpos Systems Oy

Tampere, Finland

Finnpos Systems Oy is an electronic payment solutions company. Finnpos Systems was founded in 2000 and is based in Tampere, Finland.

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Buyer Overview 1

Buyer

OPEN

Gothenburg, Sweden

Category	Company
Founded	2005
Sector	Information Technology
Employees	40

DESCRIPTION

OPEN is a payment solution provider. By controlling the development of unique and innovative payment software OPEN is a preferred full service partner to numerous leading actors within the Nordic markets. OPEN was founded in 2005 and is based in Gothenburg, Sweden.

Deal Context for Buyer	#
Overall	2 of 2
Sector: Technology Hardware	2 of 2
Type: Add-on Acquisition	2 of 2
Country: Finland	1 of 1
Year: 2017	2 of 2

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2017-03-14	Lindberg & Frisk AB Göteborg,, Sweden Lindberg & Fresh supplies consumables, payment terminals and card acquiring mostly to the hospitality industry. The company has a sales force of 15 people and a customer base of over 8,000 customers in Sweden.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2017-03-14

Lindberg & Frisk AB

Göteborg,, Sweden

Lindberg & Fresh supplies consumables, payment terminals and card acquiring mostly to the hospitality industry. The company has a sales force of 15 people and a customer base of over 8,000 customers in Sweden.

Buy

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