Advised on Sale of CompanyTechnology
Acquired 100% of Business Operations
Admicom Oyj acquires majority of the shares in Aitio Finland Oy as well as all the shares in Hillava Oy. Through the acquisition of the two companies, Admicom’s personnel grows by 20 software developers and experts. The acquisition is part of Admicom’s goal to increase its product development resources and technological expertise.
Founded in 2007 and based in Jyväskylä, Aitio Finland provides its customers with development services of tailored software solutions as well as related integration and maintenance services, mobile applications and cloud service solutios. Included in the same group, Hillava offers and develops a cloud-based enterprise resource planning system, especially designed for planning and maintenance of field work. The development of Hillava’s product was commenced in 2014 as part of Aitio Finland’s business.
Founded in 2004, Admicom is a pioneer in construction, building technology and industry related software development and a comprehensive software and accounting company partner. The company’s cloud-based, SaaS enterprise resource planning system, Adminet, helps small and medium-sized companies increase their competitiveness by automatizing both construction site and office routines seamlessly all the way to accounting processes.
IMAP Finland advised the owners of Aitio Finland and Hillava throughout the transaction process.