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Company profile: TietoAkseli

1.1 - Company Overview

TietoAkseli Logo

TietoAkseli

Headquarter: Finland
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of payroll, financial management, HR, taxation, and financial administration services.

Products and services

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Key contacts

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Financial details

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1.2 - Competitors and similar companies to TietoAkseli

PromikBook Logo

PromikBook

HQ: Sweden Website
  • Description: Provider of a cloud-based platform for billing, accounting, business analysis, and budgeting that lets companies bill, record, and store documents with automated handling, requiring no downloads or backups. Offerings include Acconomy Bokföring for automated accounting, reporting, and budgeting; Acconomy Faktura for invoicing; supplier invoice scanning; mobile apps (iOS/Android); an API for integrations; and support via FAQs, videos, guides, form, and phone.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full PromikBook company profile →
UKKO Logo

UKKO

HQ: Finland Website
  • Description: Provider of light entrepreneurship and invoicing services enabling freelancers to invoice without a company of their own, allowing individuals to bill without a business ID or business name while the company handles paperwork and bureaucracy.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full UKKO company profile →
Davo Logo

Davo

HQ: United States Website
  • Description: Provider of automated sales tax solutions for SMBs with daily cash management, automating daily set-asides, filing, and payment. Includes Bookkeep Sales Tax with DAVO and DAVO Sales Tax on Bookkeep for sales reconciliation, reporting, on-time filing and payment, and state sales tax discount management.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Davo company profile →
Acubiz Logo

Acubiz

HQ: Denmark Website
  • Description: Provider of cloud-based expense management solutions that automate expense entry, internal reminders and credit card import, integrating with all ERP and payroll systems. Offers a platform for mobile expense registration/approval, compliance and real-time tracking/reporting; a generative AI support chatbot (AcuBot); and partnership programs, including white-label, for accounting firms, auditors and system suppliers.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Acubiz company profile →
Tax Free Easy Logo

Tax Free Easy

HQ: Germany Website
  • Description: Provider of tax refund services for European tourists, offering TAX FREE EASY for streamlined VAT refunds via electronic refund card, customs stamp and prepaid envelope; a WeChat Mini Program for tax-free shopping with automatic form filling, real-time status tracking and secure refunds; Tax Free InStore enabling immediate VAT refunds to Alipay accounts (form sent to a China datacenter within 30 days); and a Tracking Service by form number.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Tax Free Easy company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for TietoAkseli

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Buyer group 1: ████████ ████████

●● companies
Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 2: ████████ ████████

●● companies
Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to TietoAkseli

2.2 - Growth funds investing in similar companies to TietoAkseli

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4 - Top valuation comps for TietoAkseli

4.2 - Public trading comparable groups for TietoAkseli

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4.3 - M&A Transactions similar to TietoAkseli

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About TietoAkseli

What does TietoAkseli do?

TietoAkseli is a provider of payroll, financial management, HR, taxation, and financial administration services.

Who are TietoAkseli's competitors?

TietoAkseli's competitors and similar companies include PromikBook, UKKO, Davo, Acubiz, and Tax Free Easy.

Where is TietoAkseli headquartered?

TietoAkseli is headquartered in Finland.

How many employees does TietoAkseli have?

TietoAkseli has 1,000 employees 🔒.

When was TietoAkseli founded?

TietoAkseli was founded in 2010 🔒.

What sector and industry vertical is TietoAkseli in?

TietoAkseli is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for TietoAkseli

Who are the top strategic acquirers in TietoAkseli's sector and industry

Top strategic M&A buyers and acquirers in TietoAkseli's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for TietoAkseli?

Top strategic M&A buyers groups and sectors for TietoAkseli include █████████████████ , ████████████████, █████████████, ████████████, and ████████████████ 🔒.

Financial Investors investing in TietoAkseli's sector and industry vertical

Which are the top PE firms investing in TietoAkseli's sector and industry vertical?

Top PE firms investing in TietoAkseli's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in TietoAkseli's sector and industry vertical?

Active PE funds and buyout funds acquiring companies in TietoAkseli's sector and industry vertical include █████████, ██████████, ████████████, and ████████████ 🔒.

Who are the top growth equity funds investing in companies in TietoAkseli's sector and industry vertical?

Growth funds and venture capital funds investing in companies similar to TietoAkseli include █████████, ██████████, ████████████, and ████████████ 🔒.

Valuation benchmarks of companies in TietoAkseli's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for TietoAkseli?

The key public trading comparables and valuation benchmarks for TietoAkseli include █████████, ██████████, ████████████, and ████████████ 🔒.

Which are the key trading comparable groups for TietoAkseli for public valuation benchmarks?

Our platform tracks detailed public trading comparable groups and valuation benchmarks for TietoAkseli with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in TietoAkseli's sector and industry vertical?

Our platform tracks relevant M&A transactions comparables and valuation benchmarks for TietoAkseli with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in TietoAkseli's' sector and industry vertical?

Access recent funding rounds and capital raises in TietoAkseli's sector and industry vertical including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors and valuations.

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