Tietokauha Oy
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Tietokauha Oy - overview
Location
Kauhajoki, -, Finland
Primary Industry
Financial Services
About
Tietokauha Oy is a Finnish company based in Kauhajoki that specializes in providing tailored financial, payroll, and HR services for businesses in the region. Founded in Kauhajoki, Finland, Tietokauha Oy offers specialized financial solutions. In 2015, the company was acquired by Wedeco Group, marking a strategic shift in its operations. The firm is not known to have subsidiaries or a parent company.
The founder's history is not available, and there are no publicly disclosed details about previous companies they may have founded. Tietokauha Oy has successfully completed 1 deal, with the most recent transaction occurring on June 1, 2015. Tietokauha Oy, a subsidiary of Accountor, focuses on providing comprehensive financial, payroll, and HR services primarily to small and medium-sized enterprises (SMEs) in the South Ostrobothnia region. Their core services include bookkeeping, payroll processing, financial reporting, recruitment assistance, and tax advisory services, aimed at addressing compliance challenges and optimizing business operations.
The firm's client base relies on its expertise for personalized financial management and operational support. In the most recent financial year, 2022, Tietokauha Oy recorded a revenue of USD 1. 06 mn and an EBITDA of USD 329,385. The revenue is generated through a structured transaction model based on service fees, with clients typically engaging under service agreements for ongoing support like bookkeeping and payroll management.
Tietokauha Oy's future growth strategy includes plans for new product offerings and potential market expansion. While specific new products have not been detailed, the company aims to broaden its reach within the South Ostrobothnia region and potentially into neighboring regions by 2025. The funding from their acquisition by Wedeco Group in 2015 is expected to support these initiatives, although specific allocations have not been disclosed.
Current Investors
Wedeco
Primary Industry
Financial Services
Sub Industries
Accounting Services
Website
www.tietokauha.fi
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Tietokauha 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Tietokauha Oy | - |
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