IMAP Finland Advised Sale of Solidabis Solutions to Visma Consulting

Visma Consulting Oy acquired one of Finland’s fastest-growing software development companies, Solidabis Solutions Oy. With the transaction, Visma strengthened its position in the Finnish software development market.

Solidabis Solutions provides software development, user experience design and process development services to large corporations and public sector organizations in Finland. The company had revenues of over 7 million euros in 2021. In the same year, Solidabis ranked 26th in a survey on fastest-growing IT-companies in Finland, conducted by Tivi. The company employs about 80 persons and has offices in Helsinki, Kaarina and Oulu.

After the transaction, Solidabis continues as an independent part of a new company that was formed as Visma sold its IT consulting business to private equity investor CVC in June 2022. The transaction will have no effect on Solidabis Solutions’ customers or personnel.

The companies already have a strong position in the software development market, and together they will be able to offer services even more extensively than before. Solidabis provides Visma with top expertise in Finland especially in the fields of user experience design, process development and automation. Meanwhile, for Solidabis, the transaction ensures the conditions for strong growth in the future.

Carner Corporate Finance (IMAP Finland) advised Solidabis Solutions throughout the entire sale process.