Magnusson advised leading Google Cloud consulting company, Codento Oy on the sale of its shares to Saari Partners, making Saari Partners the majority owner while majority of the current owners remain shareholders

Magnusson advised Codento Oy, a prominent Google Cloud consulting company in Finland, in a comprehensive transaction in which the Finnish private equity firm Saari Partners became the majority shareholder. During the transaction, Codento’s leadership team enhanced their ownership in the company, with most of the current employee shareholders remaining as individual shareholders.

The transaction establishes Codento Oy’s prominent partnership with Google Cloud and Codento Oy’s interest in strengthening its growth in the Finnish and Swedish markets as well as in the other Nordic markets. 

“The Magnusson team came highly recommended by many other CEOs of peer companies, so it was an easy decision to move forward together. The team has showcased comprehensive experience, spot-on advisory, systematic and timely execution. Our entire team is extremely satisfied with the process and the outcome, and we can warmly recommend Magnusson as a partner for similar assignments”, says Anthony Gyursanszky, CEO of Codento.

Magnusson’s team comprised of Managing Partner Tomi Merenheimo, Partner Lilli Parbo, Specialist Counsel Maher Khadour and Associates Sara Mäkinen and Iida Vuori. 

Read more about the transaction in Codento’s press release. 

Picture: Codento Oy