ECIT AS hereby announces that TietoAkseli Group has become a part of ECIT. ECIT has acquired 97.76% of the company.
ECIT CEO Peter Lauring:
"This acquisition marks ECIT’s first significant investment in the Finnish market, as we work to further strengthen our offerings within accounting and payroll — both in Finland and across the Nordic region. This step enables ECIT to offer a complete range of accounting and payroll services across Norway, Sweden, Denmark, Iceland, and Finland. Our aim is to leverage our technology and expertise to create secure and quality-based deliveries locally and cross-border. We are pleased to welcome TietoAkseli’s employees and customers to the ECIT family."
TietoAkseli CEO Mika Niiniketo:
“Our ambition is to be the best place for both our clients and our employees. I believe ECIT is the ideal partner for our next phase of growth. We share common values and a vision for the future. With the support of ECIT, TietoAkseli will continue its strong growth and will be well positioned to support its clients with a broad range of services, as well as their international expansion.”
About TietoAkseli:
TietoAkseli is a Finnish professional services firm specialising in accounting, payroll and HR, audit, tax, and corporate law, as well as corporate finance services. TietoAkseli is known for combining modern digital solutions with personal customer service, supporting companies throughout their entire business lifecycle. Founded in 1991, the company has grown into a nationwide group with revenue exceeding 21 million euros and over 260 professionals across 11 locations in Finland.
About the ECIT F&A division:
The Finance & Accounting (F&A) division provides a wide range of services, including finance, accounting, payroll, human resources, financial advice, and debt collection. We support organisations of all sizes through local teams and nearshore or onshore service models. With experts and services across Europe, our Finance & Accounting team provides a comprehensive international approach to help our clients grow.
About ECIT:
Founded in 2013, ECIT supports a large customer base with accounting, payroll, and IT services. ECIT has a proven model for acquisitions, combining proximity to customers, local entrepreneurship and the strength of a larger international group. ECIT has a full-year proforma revenue of 4.7 billion NOK LTM per Q1 2025 and more than 2,800 employees across eleven countries. M&A has been key to drive the Company's growth as ECIT has completed more than 130 acquisitions since 2013. Read more at www.ecit.com
