Avellum, working with Kirkland & Ellis, has advised Aspia on its acquisition of Accountor Outsourcing.
Aspia offers technology-enabled accounting, payroll, tax, and advisory services in Sweden, Norway, Finland, and Denmark.
Accountor Outsourcing is a provider of accounting, payroll, and professional services in the Nordic region.
According to Avellum, “the acquisition aims to expand and strengthen Aspia’s presence in the Nordics and increase its European footprint. With market leadership positions in their respective home markets, Sweden and Finland, as well as combined top five positions in Norway and Denmark, the combination will allow clients of both businesses to be better served across their needs and benefit from a materially larger platform with increased investments in automation and digitalization."
The Avellum team included Managing Partner Mykola Stetsenko, Managing Associate Maryna Buinytska, and Associate Olha Rudevych.
Avellum did not respond to our inquiry on the matter.
