Nethit Systems Ltd Oy
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Nethit Systems Ltd Oy - overview
Location
-, -, Finland
Primary Industry
Internet
About
Based in Forsa, Finland, Nethit Systems Ltd Oy operates as a software and service company that specializes in providing comprehensive solutions for multi-channel commerce. In March 2023, Confirma Software, a portfolio company of ABRY Partners, acquired Nethit Systems. As of January 2024, the company has a presence in Forssa, Helsinki, Kuopio, Tampere, and Seinäjoki. Nethit Systems Ltd Oy's flagship product is the Flowvy cash flow solution.
Its integrated solution includes a cash system, an enterprise resource planning (ERP) system, and an online store system, all managed as a single entity. The company also offers leasing financing options for project deliveries, covering machines, software, and services to eliminate the need for upfront fees, allowing clients to pay monthly fees with the option to redeem the system for ownership after 24 to 60 months.
Current Investors
Confirma Software
Primary Industry
Internet
Sub Industries
Search Engines
Website
www.nethit.fi
Verticals
E-commerce, IoT (Internet of Things)
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Nethit Systems Ltd Oy - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Nethit Systems Ltd Oy | - |
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