Alantra advises Matrix42 on the acquisition of Efecte Plc, a Nordic leader in cloud-based service management software

Alantra has advised Matrix42, a portfolio company of Corten Capital, in connection with the acquisition of Efecte Plc (“Efecte”), based in Finland, a Nordic leader in cloud-based service management software.

The Matrix42 Group, based in Frankfurt, provides innovative software solutions for digital workspace experience management, unified endpoint management, and enterprise service management. The company’s products and services empower organizations to improve IT efficiency, enhance end-user productivity, and enable digital transformation.

Efecte, based in Finland, helps people digitalize and automate their work. Customers across Europe leverage Efecte’s cloud service to operate with greater agility, to improve the experience of end-users, and to save costs. The use cases for Efecte’s solutions range from IT service management and ticketing to improving employee experiences, business workflows, and customer service.

Corten Capital, the owner of Matrix42, is a specialist investment firm that partners with entrepreneurial management teams to build market leading, B2B software, services and information companies across Europe and North America.

Al Monserrat, Chair of the Matrix42 Board, said: “By joining these two companies, we are creating a larger, stronger European IT leader. With our tremendous breadth of customers, geographic footprint, enlarged product line, and deep expertise in AI-powered service automation, the new Matrix42 has reinforced its leadership in European IT and Enterprise Service Management.”

Daniel Lilliehöök, Partner at Alantra, added: “We are very pleased to support Matrix42 and Corten Capital in the acquisition of Efecte and are convinced that the combination will greatly benefit all stakeholders, including customers and shareholders.”