Hypergene Acquires Finnish SaaS Company Thinking Portfolio
Now Hypergene can provide customers with state-of-the-art strategic project and portfolio management. Aiming for continued expansion and profitable growth, the Swedish SaaS company Hypergene is establishing itself in the Finnish market. This is achieved through the acquisition of Finnish Thinking Portfolio Oy, which with its product Thinking Portfolio® offers a comprehensive solution for strategic project and portfolio management and is considered a market leader in Finland. The acquisition strengthens Hypergene’s offering in strategic portfolio management — a crucial complement to the solutions already provided for financial and strategic planning, project management, as well as reporting and analysis.
Hypergene, with its cloud-based product for corporate performance management, serves a large number of customers in both the private and public sectors. Until now, the focus has been on the markets in Sweden, the DACH region (Germany, Austria and Switzerland) and Norway, where the majority of customers are located.
By acquiring the Finnish SaaS company Thinking Portfolio Oy, Hypergene’s offering is expanded to include a broad and comprehensive solution for strategic project and portfolio management. Founded in 2001, Thinking Portfolio currently operates an office in Helsinki with just over 30 employees. Their clients are based in Finland and the Netherlands and include companies such as SSAB, Osuuspankki, City of Espoo, HK Foods, Metsä Group, Finnair and Orion, as well as several other businesses, universities, and public sector organisations.
"With Thinking Portfolio’s skilled employees and unique product, we will be able to jointly create a highly attractive customer offering. The company has impressed us throughout the acquisition process, and we are pleased to welcome them to Hypergene. Through Thinking Portfolio, we are taking a significant step in our growth journey. We are entering a completely new market while gaining a product that complements our existing offering very well," says Urban Bucht, CEO of Hypergene.
"We are very excited to become part of Hypergene. The company has shown that they have the capabilities and solutions that create value for their customers. In addition, we appreciate the company culture, the leadership, the international growth journey and the vision of the future that we have met. We have an exciting journey ahead of us, together we will be able to create even more value for our customers", says Esa Toivonen, co-founder of Thinking Portfolio.
Hypergene AB acquires 100% of the shares in Thinking Portfolio OY, and the parties have agreed not to comment on the size of the purchase price.
