Siili acquires software development business from Talentree Ltd and expands to Kuopio

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With this acquisition, Siili continues to implement its growth strategy and gains yet further software development expertise.

Siili Solutions Plc has entered into an agreement under which it has agreed to acquire Talentree’s software development focused business unit. The goal is to complete the business purchase by the beginning of May 2023. This new acquisition means Siili both covers new territory for business in Kuopio, Finland, and bolsters its software development expertise by gaining 11 new talented professionals. The parties have agreed that the purchase price will not be published.

Headquarter in Kuopio, Finland, Talentree is a specialist company of around 50 employees focusing on strategy-oriented business development. They have also enjoyed significant recognition as an excellent place to work: the company received Great Place to Work certification in 2021. After the transaction has been completed, Talentree will continue its operations with business management consulting and accounting outsourcing services.

With Talentree’s software development expertise, Siili aims to make the Kuopio office one of the city's most attractive workplaces in the IT field. Siili offers its employees exciting customer projects and development opportunities together with a people-oriented culture. Siili plans to increase the headcount of the Kuopio office significantly over the forthcoming years.

"In accordance with our strategy, we seek profitable growth both organically and through acquisitions, and therefore this transaction was a natural step in accelerating our growth. Talentree's software development expertise and culture blend perfectly with Siili’s, so the pieces formed a natural fit. I would like to warmly welcome the Talentree team to Siili," enthused Siili CEO, Tomi Pienimäki.

"We are focusing our strategy on our core competence areas, business management consulting and financial management outsourcing services. Siili offers our software team the best opportunity to develop professionally, and in line with their own passions. Ultimately, things moved forward rapidly as Siili and Talentree share the same values and human-focused company culture," says Talentree CEO Antti Haapakorva.

For more information:
CEO Tomi Pienimäki
+358 (0)40 834 1399


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