Numera Palvelut Oy has agreed to sell its financial and payroll services division for municipal clients to Administer Oyj, aiming to refocus on core operations amidst anticipated regulatory reforms.
Information on the Target
Numera Palvelut Oy, operating under the Sarastia brand, is a leading financial management service center in Finland, specializing in meeting the distinct needs of public entities. The company has an established reputation for providing comprehensive financial, payroll, and software services tailored specifically for municipal customers. With a workforce of approximately 350 full-time employees and an annual sales figure of around 35 million euros, Numera is a significant player in its sector, serving over 100 cities and municipalities across the country.
The services offered by Numera Palvelut encompass a wide range of financial expertise essential for municipalities, which includes but is not limited to payroll solutions and innovative software applications. This strategic focus has allowed Numera to cultivate strong partnerships with local government entities, positioning itself as a vital resource in Finland's public sector.
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Industry Overview in Finland
Finland's public sector is characterized by a strong emphasis on effective and efficient management of resources, especially in financial services. The country has implemented a range of reforms aimed at modernizi
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Disclosed details
Revenue: $38M