Tietokeskus was founded in 1989. The company provides ICT-infrastructure solutions and services, serving both mid-sized Finnish corporations and public sector clients. Tietokeskus provides efficiency and lower costs for its customers, and solves the problem of constant evolution in IT-infrastructure environments with its modular solution offering. The formerly family-owned company prides itself for being close to the customer and being responsive to customers’ needs.

 

At the time of investment, the company’s turnover was 37 million euros (2016) and it employed 100 professionals.

 

Vaaka Partners invested in the company to support company’s growth as the market structure is changing favorably for the company. Services are taking a bigger share of the spending, and agile but credible mid-sized providers are winning customers both from smaller and larger providers. The jointly set goal for Vaaka and the former entrepreneur was to reach 100 MEUR of net sales with organic growth and acquisitions. Reaching this target requires also significant development of operations and the organization. Today we are already much closer to the goal and the Tietokeskus group employs already almost 300 professionals serving the needs of our customers.

 

 

Company

Tietokeskus

Investment

10/2016

Net sales

76 MEUR (2017)

Deal team

Panu Vuorela, Reijo Grönholm, Tuomas Siponen