Avoset has acquired Polar Shift to enhance its Atlassian consultancy offerings and capture a larger market share in Finland, with a focus on cloud migration.
Target Information
Avoset Oy, a leading Atlassian consultancy in Finland, is on a remarkable growth trajectory. Recently, the company has successfully acquired another Atlassian consultancy, Polar Shift Oy, to enhance its service offerings, particularly in cloud migration. This strategic move is aimed at capitalizing on the vast potential customer base in Finland, estimated to comprise around 1,000 clients, before extending its efforts internationally.
The merger will solidify Avoset's position as a premier provider of Atlassian solutions, with Tuomas Saranen, CEO of Avoset, emphasizing that the combined entities will create a center of excellence with extensive expertise in the application of Atlassian tools.
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Industry Overview in Finland
The consulting landscape for software solutions in Finland is burgeoning, with an increasing demand for tools that streamline organizational workflows. Atlassian has established a strong presence in the Finnish market,
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Avoset Oy
invested in
Polar Shift Oy
in 2022
in a Corporate VC deal
Disclosed details
Revenue: $10M