Investment Summary

Tesi Invests In Rightware Oy

On May 14, 2013, sovereign wealth fund Tesi invested in software company Rightware Oy

Investment Highlights
  • This is Tesi’s 5th transaction in the Software sector.
  • This is Tesi’s 41st transaction in Finland.
Investment Fate
  • Rightware Oy was sold to a publicly-traded strategic buyer in 2016 for 68M USD.

Investment Summary

Date 2013-05-14
Target Rightware Oy
Sector Software
Investor(s) Tesi
Deal Type Venture

Target

Rightware Oy

Espoo, Finland
Rightware Oy is a provider of User Interface technology, serving mobile, automotive and other embedded industries with its patent pending Kanzi solution for rapid 3D and 2D user interface design and deployment.

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Investor(S) 1

Investor

Tesi

Investor Investor Investor Investor Investor


Category Sovereign Wealth Fund
Founded 1995
PE ASSETS 2.4B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Tesi is a Finnish venture capital and private equity firm specializing in fund and direct investments. Tesi specifically targets minority investments in early, growth stage, and established businesses. Areas of interest include industrial, mining, software, business and consumer services, healthcare, life science, cleantech, and marine. Tesi was established in 1995 and it is based in Helsinki.


DEAL STATS #
Overall 47 of 75
Sector: Software M&A 5 of 5
Type: Venture M&A Deals 19 of 22
Country: Finland M&A 41 of 67
Year: 2013 M&A 4 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-30 M-Files

Tampere, Finland

M-Files develops document management software and provides cloud-based document management services. M-Files was founded in 1987 and is based in Tampere, Finland.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-04 Talenom

Oulu, Finland

Talenom is an authorized accounting firm. The company offers services covering scheduled and efficient financial administration routines, informative results monitoring, a centralised unit specialising in the taxation and finances of SMEs, and an electronic financial administration service, Talenom Online, that is extremely easy to use. Talenom was founded in 1972 and is based in Oulu, Finland.

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