Providence Equity Acquires OpusCapita Solutions from Posti Group

August 3, 2019

Posti Group agreed to sell its subsidiary OpusCapita Solutions Oy to a fund managed by Providence Equity Partners, with the agreement signed on March 8, 2019 and the price undisclosed. OpusCapita, a Finland-headquartered provider of source-to-pay, cash management and product information management software with ~350 employees and ~3,000 customers, will be positioned for increased product investment and global growth under Providence; closing was subject to approval by Germany’s Federal Cartel Office.

Buyers
Providence Equity Partners (fund managed by Providence)
Targets
OpusCapita Solutions Oy
Sellers
Posti Group Corporation
Industry
Software
Location
Finland
Transaction Type
Divestiture

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