Talenom expands its operations in Spain by acquiring an accounting firm

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Talenom Oyj

Talenom Plc, press release dated July 7, 2022 at 1:00 p.m. EEST

Talenom expands its activities in Spain by acquiring a accounting firm

Talenom Plc agreed on July 7, 2022 to acquire the accounting business of ACompany Asesoraria Y Gestion de Empresas SL. The acquired business will be transferred to Talenom on August 1, 2022.

The net revenue transferred to Talenom from the acquired business is approximately €0.7 million per year. In the short term, the acquisition will not have a significant impact on Talenom’s financial situation or future prospects.

The acquisition strengthens Talenom’s position among SMEs in the Barcelona region. The company employs a total of 12 people who will continue to work for Talenom.

“The target of the acquisition is a high-quality accounting firm with qualified and development-oriented staff. The acquisition complements our service offering well and increases our volumes in the Spanish accounting market, where we have developed a year ago and where we acquired significant local technology know-how at the end of June 2022 by purchasing a financial management platform called Nomo. We warmly welcome our new collaborators and customers to Talenom,” says Otto-Pekka HuhtalaCEO of Talenom.

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 7038 554
otto-pekka.huhtala@talenom.fi

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 has been solid – average annual net sales growth was 16.2% in 2005-2021. In 2021, Talenom had an average of 1,012 employees in Finland, Sweden and Spain across a total of 52 locations. Talenom’s stock is listed on the Nasdaq Helsinki Main Market. Read more: sijoittajat.talenom.fi/en/

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