Solita was acquired by Apax Partners

Solita, a Helsinki, Finland-based digital transformation company, announced that the Apax Digital Fund, a growth equity fund advised by global private equity advisory firm Apax Partners, acquired a majority stake from Vaaka Partners.

Financial details of the deal were not disclosed. Solita management will acquire a minority stake in the business, alongside the Apax Digital Fund.

Solita, led by Jari Niska, President and CEO, is a digital transformation company driven by data and human insight. The company provides a range of services, including strategic consulting, service design, artificial intelligence, analytics, and managed cloud services, to its fast-growing international client roster. The company was founded in 1996 and employs more than 650 digital specialists across Finland, Sweden, Singapore, and Estonia.