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Talenom Plc, Press release October 21, 2022 at 12:00 p.m. EEST

Talenom expands through acquisition in Sweden

Talenom Plc agreed on October 21, 2022 to acquire the entire share capital of Alcea Redovisning AB, which operates in Norrtälje and Åkersberga in Sweden. The activity will be transferred to Talenom as of November 1, 2022.

Founded in 2006, Alcea Redovisning AB provides accounting, payroll and consulting services primarily to SMEs. The company’s clientele consists of local SMEs.

The annual net revenue transferred to Talenom from the acquired business is approximately €1.0 million. The acquired business employs 13 financial management professionals.

In the short term, the share transaction will not have a material impact on Talenom’s financial condition or future prospects.

Talenom combines software development with expertise in the accounting industry in a unique way. The company’s goal is to grow both organically and through acquisitions in Finland and Europe.

Further information :

Otto-Pekka Huhtala
CEO, Talenom Plc
+358 40 703 8554
[email protected]

Talenom is an agile and progressive accounting firm established in 1972. Our business idea is to make everyday life easier for entrepreneurs with the most user-friendly digital tools on the market and highly automated services. In addition to comprehensive accounting services, we support our clients’ businesses with a wide range of expert services, as well as financing, account and payment transaction services. Our vision is to provide superior accounting, account and payment transaction services for SMEs.

Talenom’s growth track record is solid – average annual net sales growth was around 16.2% between 2005 and 2021. At the end of 2021, Talenom had 1,012 employees in Finland, Sweden and Spain out of a total of 52 locations. Talenom’s stock is listed on the Nasdaq Helsinki Main Market. Read more: sijoittajat.talenom.fi/en/