Administer Oyj

Administer to acquire Laine Consulting Company Oy

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Administer Oyj Press Release 17 August 2022 8.30 Finnish time

Administer Oyj and Laine Consulting Company Oy in Raisio have agreed on a business transaction whereby the accounting business and personnel of Laine Consulting Company will be transferred to Administer. The business acquisition strengthens Administer's operations in the Turku region, where there is already an office of the Administer Group.

“We are continuing to implement our growth strategy with the fifth acquisition this year. Laine Consulting Company has a well-established customer base that fits Administer’s profile, and the company has a good reputation. The acquisition will further strengthen our operations in the Turku region,” says Peter Aho, CEO of Administer Group.

“It is great to merge our business operations with a large, nationally operating group. This way, we can offer our employees better benefits in terms of training opportunities, for example, and provide even more comprehensive services for our customers,” says Laura Laine, CEO of Laine Consulting Company.

Further information:

Peter Aho
CEO
Administer Group
Tel. +358 (0)40 501 3661
peter.aho@administer.fi

Laura Laine
CEO
Laine Consulting Company Oy
tel. +358 50 4939350
laura.laine@konsulttiliikelaine.fi

Laine Consulting Company Oy

Laine Consulting Company Oy, founded in 2013 and located in Raisio, is a company inspired by its customers, combining an understanding of the real challenges of business with the desire to provide the best possible service to customers.

About Administer Oyj

Administer Oyj
Administer Oyj
Itämerenkatu 5
00180 Helsinki

Administer Group, founded in 1985, is a Finnish company that offers financial and payroll management services as well as consulting and software services. Our customers include organisations of all sizes, from small and mid-sized companies to large enterprises and municipalities. Our goal is to reform the financial management service market by developing new technologies and solutions. Measured in revenue, we are one of the largest providers of financial management services and HR and payroll services in Finland. In 2021, our revenue was EUR 42 million and we employed approximately 600 financial management professionals.

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