TechStrat Advises Midaxo in Venture Investment from Finnish Industry Investment Ltd and EOC Capital

    SEATTLE, WA, November 23, 2016 /24-7PressRelease/ -- Finnish Industry Investment Ltd (FII) and EOC Capital led an investment round in Midaxo Oy. Previous investors also participated in the round. TechStrat Ltd. Acted as the exclusive financial advisor to Midaxo.

Midaxo CEO Ari Salonen said "With this significant additional investment, we can continue our rapid growth and strengthen our support for innovative and successful acquirers worldwide. We are excited to have FII and EOC Capital join us on this important journey."

Midaxo was founded in 2011 by Kaija Katariina Erkkila and Kalle Kilpi. The Company's cloud software helps acquirers succeed in mergers and acquisitions by driving an efficient end-to-end process from target identification and due diligence to integration. Customers include ADT, Hewlett Packard Enterprise, Hitachi Rail and many others. With Midaxo's software, acquirers systematize and simplify their M&A activity and minimize risks in deals that are often strategic, complicated, and time-critical. Enabling efficiency, Midaxo's cloud software also helps acquirers reach synergy goals faster and more accurately.

TechStrant Founding Partner Nat Burgess said "Midaxo has reimagined the role of cloud solutions in M&A transactions, creating enduring value for their customers. TechStrat and Midaxo will cohost a webinar on December 7, 2016 to discuss best practices for tech M&A, with a focus on bridging the gap between buyers and sellers. More information is available in the "Events" section of the TechStrat web site.

Finnish Industry Investment Ltd. is an investment company accelerating success stories through funds and direct investments. www.industryinvestment.com and @TesiFII

EOC Capital is a Swedish investment company investing in growing Nordic technology businesses. www.eoccapital.se

TechStrat advises technology companies on funding, growth and exit. TechStrat principals have completed over 100 M&A transactions. www.techstrat.com.

SOURCE: TechStrat Ltd.

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