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We advised Netello Systems Oyin a transaction where the company’s shareholders sold 60% of the company's shares to Alma Media Corporation

  • Finland

    16-04-2021

    We advised Netello Systems Oyin a transaction where the company’s shareholders sold 60% of the company's shares to Alma Media Corporation. Our assignment covered the overall corporate transaction, including both legal and commercial consultancy services to our client. The price of the transaction is not disclosed.

    Netello Systems Oy offers SMEs digital marketing solutions and related services, including sales process enhancing conversion rate optimisation, search engine marketing (SEM) as well as website redesign and development.

    Alma Media Corporation is a multichannel media company which offers leading media and service brand products. The company's best-known brands include Kauppalehti, Talouselämä, Iltalehti, Etuovi.com and Monster. The company’s business operations include financial and professional media, national consumer media, digital consumer and business services, training and publication of professional literature.

    Following the transaction, Netello Systems Oy and Alma Media’s centralised media sales organisation Alma Media Solutions will engage in closer cooperation, particularly in the SME market. Read more in Alma Media Corporations’ release and Netello Systems Oy's release.

    Partner Antti Husa led the legal team in the transaction. Senior Advisor Antti Liimatainen was responsible for commercial consultation. The team also included Specialist Counsel Tiina Koivisto and Analyst Max Tarkkala.

    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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