{"id":12710,"date":"2025-08-05T12:09:22","date_gmt":"2025-08-05T10:09:22","guid":{"rendered":"https:\/\/www.mcfcorpfin.com\/?p=12710"},"modified":"2026-02-05T15:55:22","modified_gmt":"2026-02-05T14:55:22","slug":"mcf-advised-mb-funds-on-the-sale-of-tietoakseli-to-ecit-a-portfolio-company-of-towerbrook-capital-partners","status":"publish","type":"post","link":"https:\/\/www.mcfcorpfin.com\/news\/mcf-advised-mb-funds-on-the-sale-of-tietoakseli-to-ecit-a-portfolio-company-of-towerbrook-capital-partners\/","title":{"rendered":"MCF advised MB Funds on the sale of TietoAkseli to ECIT, a portfolio company of TowerBrook Capital Partners"},"content":{"rendered":"<h2>The Deal<\/h2>\n<p>Founded in 2013, ECIT supports a large customer base with accounting, payroll, and IT services through 110 offices across 11 countries. ECIT was taken private by TowerBrook in 2024.<\/p>\n<p>The acquisition of TietoAkseli marks ECIT\u2019s first significant investment in the Finnish market and enables a complete range of finance services across the entire Nordics. For TietoAkseli, integration into ECIT offers the opportunity for continued growth within a larger, international framework.<\/p>\n<h2>The Target<\/h2>\n<p>TietoAkseli is a Finnish specialist providing financial administration and accounting, HR and payroll, auditing, as well as transaction advisory services for SMEs. TietoAkseli employs approximately 230 FTEs, has headquarters in Jyv\u00e4skyl\u00e4 and nationwide coverage through 10 additional offices across Finland.<\/p>\n<h2>About MB Funds<\/h2>\n<p>MB Funds is a Finnish private equity firm with a long history and an impressive track record\u00a0of successfully investing in over 50 mid-sized Nordic companies.<\/p>\n<p>MB Funds focuses on mid-sized enterprises in Finland, with ambitions to grow and capabilities to enhance their position in an evolving business environment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Deal Founded in 2013, ECIT supports a large customer base with accounting, payroll, and IT services through 110 offices across 11 countries. ECIT was taken private by TowerBrook in 2024. The acquisition of TietoAkseli marks ECIT\u2019s first significant investment in the Finnish market and enables a complete range of finance services across the entire [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":12712,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-12710","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-transactions"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>MCF Advised MB Funds on the Sale of TietoAkseli | MCF Corporate Finance<\/title>\n<meta name=\"description\" content=\"Discover how MCF advised MB Funds on the sale of TietoAkseli to ECIT, strengthening finance services across the Nordics.\" \/>\n<meta name=\"robots\" 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