1. Home >
  2. M&A >
  3. Secondary Buyout >
  4. Finland >
  5. Volpi Capital Acquires Evitec Solutions

M&A Deal Summary

Volpi Capital Acquires Evitec Solutions

On November 27, 2020, private equity firm Volpi Capital acquired information technology company Evitec Solutions from VIA equity and Tesi

Acquisition Highlights
  • This is Volpi Capital’s 4th transaction in the Information Technology sector.
  • This is Volpi Capital’s 1st transaction in Finland.

M&A Deal Summary
Date 2020-11-27
Target Evitec Solutions
Sector Information Technology
Buyer(s) Volpi Capital
Sellers(s) VIA equity
Tesi
Deal Type Secondary Buyout

Target

Evitec Solutions

Espoo, Finland
Evitec Solutions is an independent software and consultancy services vendor focusing on banks and insurance companies, also offering a wide range of expertise and services within business analytics and data management across multiple industries. Evitec Solutions was formed in 1992 and is based in Espoo, Finland.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Volpi Capital

Investor Investor

Category Private Equity Firm
Founded 2016
Size Small
Type Sector Focused
DESCRIPTION

Volpi Capital LLP is a private equity firm focused on control investments in tech-enabled B2B service companies that use enabling technologies to address mission critical needs. Volpi seeks opportunities throughout Northwest Europe and will consider opportunities valued from €50 to €200 million. Volpi Capital LLP was formed in 2016 and is headquartered in London.

DEAL STATS #
Overall 9 of 15
Sector: Information Technology M&A 4 of 5
Type: Secondary Buyout M&A Deals 5 of 6
Country: Finland M&A 1 of 1
Year: 2020 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-22 Boyum IT

Brabrand, Denmark

Boyum IT is a provider of manufacturing software for SAP Business One. Boyum IT Solutions is a Software Solutions Provider (SSP) delivering proprietary add-on solutions to SAP Business One applicable across all industries. Boyum IT was founded in 1997 and is based in Brabrand, Denmark.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-31 Adacta

Ljubljana, Slovenia

Adacta is a software provider for the insurance industry. Its insurance platform – AdInsure – provides Life and P&C insurers with a future-proof way to streamline their operations and processes. Adacta was founded in 1989 and is based in Ljubljana, Slovenia.

Buy -

Seller(S) 2

SELLER

VIA equity

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2006
PE ASSETS 500M EUR
Size Middle-Market
Type Sector Focused
DESCRIPTION

VIA equity a/s is a private equity firm focused on buyouts and growth capital investments in Northern European companies. VIA can commit up to €35 million per investment and seeks companies generating revenues of €10 to €100 million. VIA will consider investing across a range of sectors, however, the Firm prefers opportunities in the technology, media, and telecom industries. VIA equity was formed in 2006 and is based in Hellerup, Denmark.

DEAL STATS #
Overall 21 of 30
Sector: Information Technology M&A 4 of 5
Type: Secondary Buyout M&A Deals 6 of 10
Country: Finland M&A 3 of 3
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-23 EnviDan

Silkeborg, Denmark

EnviDan is an environmental engineering company that delivers holistic solutions within water, wastewater, energy, and the environment, as well as financial consultancy combined with a broad palette of software solutions for the Danish, Norwegian, and Swedish utilities sector. EnviDan was founded in 1995 and has offices in Silkeborg, Denmark.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-01 Linka Energy

Lem, Denmark

Linka Energy is a developer of biomass plants for the agricultural, industrial and district heating industries. Linka Energy was formed in 1978 and is based in Lem, Denmark.

Sell -
SELLER

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 26 of 33
Sector: Information Technology M&A 3 of 3
Type: Secondary Buyout M&A Deals 3 of 3
Country: Finland M&A 24 of 30
Year: 2020 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-01 Enevo

Boston, Massachusetts, United States

Enevo is a provider of waste management logistics optimization systems based on wireless sensors and data analytics. Enevo was founded in 2010 and is based in Boston, Massachusetts.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-09 Kotkamills Oy

Kotka, Finland

Kotkamills Oy is a manufacturer of quality specialty papers and wood-based products for the laminate, plywood, construction and magazine industries around the world. Kotkamills Oy was established in 1872 and is based in Kotka, Finland.

Sell €425M
Mergr

Solution for

Product

Company

Legal