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Translink advises in the merger of Finnish Visy and Swedish Sensebit

Translink Corporate Finance announces the merger of Finnish Visy and Swedish Sensebit. Visy is a leading global supplier of software for image recognition and automation based on AI and deep learning solutions in the transportation infrastructure market. Sensebit, together with its subsidiary Trafikia, is the Nordic market leader in traffic data collection and analysis. Together the companies will, supported by private equity investor Helix Kapital, jointly develop the business across the Nordic region and globally, offering customers integrated solutions for based on proprietary leading-edge technologies.

Translink acted as the exclusive financial adviser to the owners of Visy in the transaction. CEO and shareholder Petri Granroth was very satisfied with finding a partner to further accelerate growth with:

As a technology leader with steady long-term growth but limited resources we wanted to find a partner that could help us make a larger leap. Translink found numerous very attractive options for us and moving forward together with Sensebit and Helix will help us achieve our ambitious growth targets.

At Translink we find that COVID-19 has had limited impact on high-quality SME companies in the IT sector. We therefore expect to see even more deals in this segment as both private equity and industrial M&A activity continues to increase.

About Translink Corporate Finance

Translink Corporate Finance is an independent partnership of firms dedicated to Corporate Finance and M&A advisory services through over 30 offices in the key markets in Europe, North and South America, Asia, Australia, and Africa. Translink has been successful in advising clients on thousands of transactions since its founding in 1972 and Translink offices have acted as advisers in over 100 M&A projects during the last twelve months.

About Translink in Finland

Translink Corporate Finance Finland, based in Helsinki, is one of the leading M&A boutiques in the Finnish market. Since its foundation more than 15 years ago, their partners completed more than 100 M&A transactions in different industries, worked closely together with a number of business partners and industry players, both locally and internationally. In addition, Translink Finland is a Certified Adviser on NASDAQ OMX First North.

About Translink in Sweden

Anecta Translink, our partner in Sweden, is a M&A-advisor working with national and cross-border transactions. The company’s success in this segment is based on a wide industrial network and the fact that many of the team members have backgrounds as executives in Swedish industrials.

Read Sensebit press release.