Finnish IT consultancy Rakettitiede buys Sysart in its first-ever acquisition

What's the deal? Finnish IT consultancy RakettitiedeDealroom has a profile for this one. Try Dealroom → is acquiring consulting firm SysartDealroom has a profile for this one. Try Dealroom → for an undisclosed sum. The combined company will generate more than €11 million in annual revenue and employ nearly 90 specialists.

Why now? The deal marks the first acquisition in Rakettitiede's history since the company was founded in 2011.

What's the endgame? Rakettitiede's chief executive officer said more acquisitions are possible in the future, signalling growth ambitions beyond this deal.

The signal: The tie-up reflects continued consolidation among Finnish IT consultancies, as firms combine scale and specialist talent to compete for larger contracts.

Read more: tivi.fi

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