Rantalainen has acquired BDO's Business Services in Norway, strengthening its position and capabilities in the Nordic financial administration and payroll services market.

Target Information

RAN Group Oy, also known as Rantalainen, is making a significant move in its strategy to establish a prominent pan-Nordic platform for financial administration and payroll services. The company has recently agreed to acquire the Business Services division of BDO in Norway, which is being carved out into a newly formed entity. This acquisition is a pivotal step following Rantalainen’s entry into the Norwegian market in 2024 through the purchase of Value Group.

With the inclusion of Business Services, one of Norway's foremost providers of accounting, payroll, and related technological services, Rantalainen bolsters its market presence. Business Services will function as an independent platform within Rantalainen, ensuring that existing clients and employees experience continuity. Led by Karl-Ludvig Mauland, the management team will maintain their focus on digitalization, automation, and advisory services, enhancing operations for approximately 600 employees and generating annual revenues that exceed NOK 1 billion.

Industry Overview in Norway

The accounting and payroll services industry in Norway is characterized by a strong presence of both local and international firms, with a growing emphasis on technology and digital solutions. As companies increasingly seek efficiency and cost reduction, firms in the