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PE-backed Technicis acquires Finland’s AAC Global, pushes into lucrative Nordic market. Deal marks fourth acquisition in 2018, putting Technicis on track for nearly USD 140 million in 2018 pro-forma revenues.
AAC Global’s revenues grew by nearly EUR 2m (+14%) to 15.9m for 2017. The pre-tax profit margin came in at 6.9%, meaning the Finnish LSP generated EUR 1.1m in EBITDA in 2017.
Finnish language service provider AAC Global gets a new owner as former parent company Sanoma sells the firm to private equity company Korona Invest and a group from AAC management.
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