Sysart Oy’s shareholders: Sysart joins Rakettitiede in software industry acquisition
Oulu-based technology firm Sysart joined the Rakettitiede family – a software industry acquisition brought together two rapidly growing Finnish technology companies.
Eversheds Sutherland acted as advisor to Sysart Oy’s shareholders – including founding shareholders Petri Mäenpää and Ari Pikkarainen, as well as minority shareholders – in the sale of the entire share capital of Sysart Oy to Rakettitiede Oy. Sysart’s founders, Petri Mäenpää and Ari Pikkarainen, will become partners at Rakettitiede, and both will continue in operational roles.
Sysart is a software and technology company whose developers build web, mobile, data, and AI solutions for sectors such as healthcare, finance, manufacturing, and services. Rakettitiede is a Helsinki-based IT company that provides software development services on a consulting basis.
The parties share the common goal of scaling up their business operations; the resulting entity will serve clients ranging from healthcare to the financial sector and from manufacturing to the gaming industry with a team of nearly 90 experts.
Our team was led by Kirsi Karvonen together with Tiina Koivisto and Torsti Lakari.
Key contacts
Kirsi Karvonen
Kirsi Karvonen advises clients primarily on M&A and corporate transactions, including asset transfers, share exchanges, mergers, and demergers. Over the course of her career, she has been involved in hundreds of diverse transactions and corporate arrangements. Kirsi also has extensive experience in private equity investments and has advised numerous private equity funds.
