Oehlandt & Co acted as the financial advisor to software company Variantum in a financing round of EUR 1 million.
Variantum, a company that provides Product Development Management (PDM) and configuration software for industrial mass customisation, raised EUR 1 million from investors, and the company’s ownership base was renewed. In addition to the investors, Oehlandt & Co advised the company in compiling a new board of directors. Juha Putkiranta, who was in charge of operations and mass customization at Nokia, was elected chairman of the board. At the same time, the search for a new CEO was initialised, resulting in Pekka Blomberg starting as the new CEO of Variantum.
In connection with the investment round and the formation of the new board, the ownership strategy of Variantum was aligned and the clear aim of the company is now international growth. Variantum’s release can be found here.
October 2016.
K. Hartwall Invest Oy Ab, a family office focusing on patient and stable growth investments, has through its subsidiary Micro Beverage Holding Oy acquired a stake in Diamond Beverages Oy, an importer and wholeseller of craft beers, ciders and other beverages. Oehlandt & Co supported K. Hartwall Invest with financial advice throughout the whole investment process.
This partnership is a significant milestone in the continuing enrichment of the craft beverages culture in Finland, which Oehlandt & Co is glad to support.
March 2016.
Oehlandt & Co advised Panostaja on the sale of Flexim Security to ASSA ABLOY.
The global leader in locking solutions, ASSA ABLOY, has acquired Flexim Security, a Finnish provider of security technology, software and related services. Oehlandt & Co acted as sole financial advisor to Panostaja and the other Sellers. The debt-free purchase price is EUR 27 million plus an earn-out of EUR 8 million. Revenue of Flexim Security in FY2014 amounted to EUR 34 million and EBITDA to EUR 2.7 million. From the international buyer candidates, ASSA ABLOY with its global network and strong presence in Finland evolved as the best party for Flexim Security. The completion of the transaction is subject to approval by the competition authorities.
June 2015.
Oehlandt & Co acted as the financial adviser to Rollock in a EUR 1.3 million investment round.
Rollock develops smart locks that can be opened with a mobile phone. Rollock needed growth financing, and in the financing round private persons, which contribute not only financing but also their expertise in various sectors together with their contact network, were chosen as investors to support the original entrepreneur to develop and grow Rollock further.
January 2015.
