Talenom pays SEK 15.1M for the Swedish accounting company Frivision

Talenom, a Helsinki, Finalnd-based accounting company, announced that it acquire the Sweden-based Frivision AB, a company focusing on small customer segment.

The deal was made for the entire share capital of the company for SEK 15.1 million ($1.7M), of which SEK 7.55 million will be paid in the form of new shares in Talenom Plc, subscribed under a directed share issue for the owners of Frivision.

Frivision AB, with offices in Gothenburg and Malmö, is a provider of accounting services focusing on small customer segment, is an authorised accounting firm with 20 employees based in Stockholm, Gothenburg and Malmö.

Frivision Group consists of the parent company, Frivision AB, and seven wholly-owned subsidiaries. The Group’s net sales in the accounting period that ended on 30 April 2020 amounted to SEK 15.1 million.