Talenom Plc
Press release 4 October 2022 at 9:00 EEST
Talenom acquires the business of Baran RedovisningAB in Sweden
Talenom Plc has agreed on 3 October 2022 to acquire the business operations of Baran Redovisning AB, which operates in Helsingborg and Skåne in Sweden. The business was transferred to Talenom as of 3 October 2022.
Founded in 2008, Baran Redovisning AB provides accounting, payroll and advisory services mainly to SMEs. The company's customer base consists mainly of restaurant and transport sector companies.
The yearly net sales transferred to Talenom from the acquired business is approximately EUR 0.7 million. The acquired business employs eight financial management professionals.
In the short term, the business acquisition will not have any significant impact on Talenom's financial position or future outlook.
Talenom combines software development with expertise in the accounting industry in a unique way. The aim of the company is to grow both organically and through acquisitions in Finland and in Europe.
Further information:
Otto-Pekka Huhtala
CEO, Talenom Plc
+358 40 703 8554
otto-pekka.huhtala@talenom.fi
Talenom is an agile and progressive accounting firm established in 1972. Our business idea is to make daily life easier for entrepreneurs with the easiest-to-use digital tools on the market and highly automated services. In addition to comprehensive accounting services, we support our customers' business with a wide range of expert services, as well as financing, account and payment traffic services. Our vision is to provide superior accounting, account and payment traffic services for SMEs.
Talenom's growth history is strong - average annual net sales growth was approximately 16.2% between 2005 and 2021. At the end of 2021, Talenom had 1,012 employees in Finland, Sweden and Spain at a total of 52 locations. Talenom's share is quoted on the Main Market of Nasdaq Helsinki. Read more: sijoittajat.talenom.fi/en/
