Norrin Expands into the Nordics through Acquisition of Bizone
🚀 The Success story continues: Norrin Expands into the Nordics through Acquisition of Bizone
🚀 The Success story continues: Norrin Expands into the Nordics through Acquisition of Bizone
IQI, a consulting firm specializing in transformation projects and IT system reforms, acquires Kumura, an expert company specializing in artificial intelligence-assisted project management and project development. After the acquisition, IQI will employ over 200 people, including subcontractors, and the company's turnover will increase to almost 30 million euros. The acquisition supports IQI's goal of achieving a turnover of 50 million euros in the coming years. The company's growth is supported by the Finnish private equity firm Voland Partners, which joined the company's growth story in 2024.
One of Finland's most successful data development expert teams is coming back together as the founders and entire core team of Talent Base establish a new company as part of the Norrin Group.
Flovi, Finland's largest technology company specializing in car transfers, is expanding its operations to Poland. With Flovi, car dealerships, rental and leasing companies, and car sharing services can move cars quickly, effortlessly, and cost-effectively, enabling broader coverage and business growth.
Balanco Group continues its rapid Nordic expansion and acquires Stockholm-based restaurant financial management specialist Tillbringaren AB. The acquisition strengthens Balanco's position in Sweden, brings four experienced experts to the team and increases turnover by approximately EUR 600,000.
IQI, a transformation consulting and IT system innovation company, is acquiring First Goal, a company focused on developing digital customer service. The acquisition brings IQI unique expertise in utilizing artificial intelligence and digitalization in customer service in an area that is currently facing a major transformation.
Norrin is one of the finalists in the 2025 Building Growth competition. The competition highlights the most inspiring growth stories from companies backed by Finnish venture capitalists.
Balanco has strengthened its position in Northern Finland by acquiring Rovaniemi-based Nettokate Oy. The acquisition brings Balanco in-depth local knowledge of Lapland's growing tourism and service market.
Luxid Group's Board of Directors and CEO Pasi Voho had a choice after about six months of negotiations with growth equity investors. In the end, attitude is what counts.
From a merger to a new beginning – As the decision to cooperate with Voland approached, IQI’s Hannu Vähäsaari relied on the life advice he shared with his children. IQI was born from a merger that brought together two industry veterans. The private equity investment became a solution for corporate restructuring that took into account the different needs of the owners.