+49 40 39803 0


+358 9 6227 1890


+44 20 7968 2760


+46 8 545 680 80


Areas of Expertise

Our dedicated professionals and industry network offer unparalleled industry access within our five core verticals: Business Services, Industrials, Consumer, Materials and Technology. Across all these areas, we have long standing relationships with highly relevant buyers and sellers. Our experience means that our advice and analysis is always rooted in deep industry knowledge. Our clients range from corporations, private equity firms, family offices, and entrepreneurs.

Part of the journey, from start to finish

We support our clients' visions and find solutions that exceed their expectations. We challenge traditional ways and processes to find the best path forward.


Technological disruption and digital innovation are completely changing the traditional rules of production, distribution and service industries. Together with our strategic partner D.A. Davidson & Co., we support growth companies, corporates, entrepreneurs and financial investors on M&A and capital raisings in the Software, Financial Technology and Telecom sectors across Europe and the US. We are focused on long-term relationships and delivering lasting value to our clients in a rapidly evolving landscape.

Our areas of expertise include:
  • Software and digital products
  • FinTech
  • Telecom
  • Industry 4.0 and IoT


Pulsen Production / Shibuya Crossing

MCF advised Pulsen Production in the acquisition of Shibuya Crossing, a Swedish company delivering services in data centre infrastructure and IT operations.


Nets / Poplapay & Poplatek

Nets, a leading provider of digital payment services and related technology solutions across Europe, has fully acquired Poplapay, a Finnish provider of payment software for POS terminals and Poplatek, a Finnish provider of software development, cloud services, and payment solutions. MCF acted as financial adviser to Nets in this transaction.


ApoSync / ARZ Haan

MCF advised ApoSync Digitale Dienstleistungen GmbH in the sale of its eponymous app ApoSync, the leading iOS and Android app for pharmacies to ARZ Haan AG.


Pulsen Group / Pulsen Retail

MCF advised Pulsen Group in the sale of Pulsen Retail, a Swedish retail ERP software specialist, to Total Specific Solutions.


Assessio / Main Capital Partners

MCF advised Assessio, a leading provider of HR talent assessment technology and services in the Nordics, on the sale of a majority stake to Main Capital Partners, a Private Equity investor specialising in enterprise software.


Videodata / Teltec

MCF advised the sole shareholder of Videodata, a leading rental and retail company for professional video and audio equipment in Northern Germany, in the sale of its majority stake to Teltec, Germany’s largest distributor of media and AV solutions.


Nets / OP Merchant Acquiring Business

MCF advised Nets in the acquisition of the merchant acquiring business from OP Financial Group. Nets and OP are also entering into a 10-year strategic partnership agreement in connection with the transaction.


Hanseaticsoft / Lloyd’s Register

MCF advised Hanseaticsoft GmbH on the sale of a minority share to Lloyd’s Register.

Read more:
Press announcement


TDF / IP-Only

MCF advised TDF Group (French Terrestrial Network Operator) on the divestment of the Nordic operations of Arkena (Arkena Nordics, previously Qbrick), a media streaming solutions company.


Gamersgate / Simeos Mediacom

Keystone MCF advised the owners of Gamersgate, one of the leading digital distribution platforms for PC and MAC games globally, on the sale to Simeos Mediacom.


Ottoboni / Nordic Morning

MCF has advised Nordkom AB, the listed Sweden based company engaged in the provision of digital and traditional communication solutions, in their divestiture of Ottoboni AB. Ottoboni AB is a Swedish digital communication agency.


Nets prepaid business / Edenred

MCF advised Nets Oy in the divestment of the prepaid “Lounas” and “Virike” vouchers and cards business to Edenred SA, the France based global leader in prepaid corporate services.


Satel / Alder

MCF advised the owners of Satel Oy, a leading supplier of narrow band radio frequency data communication technology, on its sale to Alder, a Swedish investor focused on investments in sustainable industries.


SSC Airborne Systems / Sjöland & Thyselius

MCF advised SSC on the sale of SSC Airborne Systems, a provider of airborne maritime surveillance systems aimed for sea surveillance, to Sjöland & Thyselius.



MCF advised Spotify, an online music streaming application, in VC financing round with NZ Northzone Ventures and Creandum.


The search works / The technology works

MCF advised TradeDoubler on the buy of The search works/The technology works, UK’s leading search-marketing agency, from IMW Group.


TradeDoubler / The technology works

MCF advised TradeDoubler on the buy of The search works/The technology works, UK’s leading search-marketing agency, from IMW Group.


Episerver / Amadeus Capital Partners / NZ Northzone Ventures

Keystone MCF advised the owners in the sale of Episerver, a CMS platform provider, to Amadeus Capital Partners and NZ Northzone Ventures.


Avitec / Eci

Keystone MCF advised CapMan and 3i in the sale of Avitec, a supplier of repeaters for coverage solutions in telecom networks, to Eci.