M&A Deal Summary

Vitruvian Partners and Sponsor Capital Acquire Accountor

On October 7, 2015, private equity firms Vitruvian Partners and Sponsor Capital acquired business services company Accountor from Sponsor Capital

Acquisition Highlights
  • This is Vitruvian Partners’ 4th and Sponsor Capital’s 4th transaction in the Business Services sector.
  • This is Vitruvian Partners’ 1st and Sponsor Capital’s 15th transaction in Finland.

M&A Deal Summary
Date 2015-10-07
Target Accountor
Sector Business Services
Buyer(s) Vitruvian Partners
Sponsor Capital
Sellers(s) Sponsor Capital
Deal Type Secondary Buyout

Target

Accountor

Espoo, Finland
Accountor is a provider of financial and human resource management services in the Northern Europe. The company provides services and software solutions that support administration and business operations both in private sector and in public sector organizations. Accountor was established in 1944 and is based in Espoo, Finland.

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Buyer(S) 2

Buyer

Vitruvian Partners

London, United Kingdom
Category Private Equity Firm
Founded 2006
PE ASSETS 8.5B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Vitruvian Partners is an independent private equity firm that specializes in middle-market buyouts, growth buyouts and growth capital investments in the UK and elsewhere in Northern Europe. Vitruvian looks for companies that are 'operating in dynamic situations, where there is an opportunity to build strategic value'. The Group's target investment size is £25 to £150 million in transactions valued up to £500 million. Sectors of interest include business services, consumer services, financial services, life science, healthcare services, media, technology, communications, and internet software. Vitruvian Partners was formed in 2006 and is based in London.

DEAL STATS #
Overall 22 of 67
Sector (Business Services) 4 of 5
Type (Secondary Buyout) 5 of 15
Country (Finland) 1 of 1
Year (2015) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-20 Voxbone SA

Brussels, Belgium

Voxbone SA is an international enterprise cloud communications. Voxbone was founded in 2002 and is based in Brussels, Belgium.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-18 Ebury Partners UK

London, United Kingdom

Ebury Partners UK Ltd. is a global finance specialist operates on a unique worldwide distribution platform underpinned by a data-driven business model and offers best-in-class customer experience and product capabilities. Ebury was formed in 2009 and is based in London.

Buy -
Buyer

Sponsor Capital

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1997
PE ASSETS 428M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Sponsor Capital is a private equity group focused on acquiring and investing in Finnish companies looking to expand abroad. The Firm targets profitable, stable businesses with €15 to €150 million in revenue. Prospective transaction situations include buyouts, growth capital financings, restructurings, family successions, divestitures, and privatizations. Sponsor Capital was established in 1997 and is headquartered in Helsinki.

DEAL STATS #
Overall 17 of 34
Sector (Business Services) 4 of 5
Type (Secondary Buyout) 2 of 5
Country (Finland) 15 of 32
Year (2015) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-01 Haltija Group

Vantaa, Finland

Haltija Group is a provider of solutions related to assistive devices, medical supplies as well as orthoses and supports to professionals in the public and private healthcare sectors as well as consumers interested in health and well-being. Haltija Group was established in 1987 and is based in Vantaa, Finland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-09 Kymsol

Oulu, Finland

Kymsol is a provider of industrial services, from piping and equipment insulation and their maintenance to scaffolding work and building automation. Kymsol was founded in 1973 and is based in Oulu, Finland.

Buy -

Seller(S) 1

SELLER

Sponsor Capital

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1997
PE ASSETS 428M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Sponsor Capital is a private equity group focused on acquiring and investing in Finnish companies looking to expand abroad. The Firm targets profitable, stable businesses with €15 to €150 million in revenue. Prospective transaction situations include buyouts, growth capital financings, restructurings, family successions, divestitures, and privatizations. Sponsor Capital was established in 1997 and is headquartered in Helsinki.

DEAL STATS #
Overall 14 of 24
Sector (Business Services) 3 of 3
Type (Secondary Buyout) 5 of 6
Country (Finland) 12 of 22
Year (2015) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-01 Haltija Group

Vantaa, Finland

Haltija Group is a provider of solutions related to assistive devices, medical supplies as well as orthoses and supports to professionals in the public and private healthcare sectors as well as consumers interested in health and well-being. Haltija Group was established in 1987 and is based in Vantaa, Finland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-09 Kymsol

Oulu, Finland

Kymsol is a provider of industrial services, from piping and equipment insulation and their maintenance to scaffolding work and building automation. Kymsol was founded in 1973 and is based in Oulu, Finland.

Buy -
Mergr

Product

Company

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