Verdane acquires Basware’s FPS and Banking businesses
Private equity company Verdane Capital has agreed the acquisition of two business units from Basware Corporation: Financial Performance Services and Banking for a total of around EUR 35 million.Verdane Capital is to acquire Basware Corporation’s Financial Performance Services (FPS) and Banking businesses. The two businesses had net sales of around EUR 15 million in 2017. “Investing in Nordic software businesses is a key part of