Discendum has merged with Likeit Nepton Group to strengthen their SaaS offerings in human resources and learning management, creating a formidable player in the Finnish software industry.
Target Information
Discendum has joined forces with Likeit Nepton Group, creating a robust software consortium specializing in SaaS services for human resources, learning management, time tracking, financial management, and analytics. Discendum is a leading provider of digital learning platforms in Finland, while Likeit Nepton Group is a notable player in the SaaS market. Together, they aim to become the most desired SaaS community in Finland, attracting both top providers and customers seeking successful solutions.
The newly formed Likeit Nepton Group now serves over 290,000 users in Finland and Northern Europe, catering to a diverse clientele of over 950 businesses across various sectors. The group has established a strong market position within financial and HR services, as well as in the public sector. In 2021, the group's revenue exceeded €10 million, predominantly from ongoing SaaS services, backed by a team of 80 experienced professionals based in Espoo, Tampere, and Oulu.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview
The SaaS industry in Finland is rapidly evolving, driven by increasing demand for digital solutions in business operations, particularly in HR and learning management sectors. As organizations adapt to the changing landscape of work
Similar Deals
Epassi Payments Oy → Sodexo Benefits & Rewards Services
Likeit Nepton Group
invested in
Discendum
in 2022
in a Other deal
Disclosed details
Revenue: $12M