Grade has acquired FCG Digital Oy, strengthening its position in the Nordic HR-tech market for the public sector.
Target Information
Grade, a portfolio company of Viking Venture, has recently acquired FCG Digital Oy, a leading digital solutions provider for job advertising and recruitment within the Finnish public sector. FCG Digital Oy operates the Kuntarekry platform, which attracts over 4 million unique visitors annually, facilitating more than 55,000 job advertisements and 500,000 job applications each year. This acquisition is a strategic move for Grade, solidifying its position as a formidable player in the Nordic HR-tech industry.
The acquisition agreement between FCG and Grade was signed on January 25, 2024, with completion anticipated in the first quarter of 2024, once all conditions are satisfied. This transition promises to enhance service offerings for FCG’s existing client base in the public sector.
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Industry Overview in Finland
The public sector in Finland has been experiencing a significant digital transformation, particularly in recruitment and personnel management. The increasing reliance on technology for job advertising and recruitment p
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