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2 Nov 2022

MCF advises Gofore on the acquisition of eMundo from their founders

Gofore Plc (“Gofore”), a leading Finnish digital transformation consultancy listed on the Nasdaq Helsinki, has acquired eMundo GmbH (“eMundo”), a German digitalisation and software development specialist. In this transaction, MCF advised Gofore from the identification and approach of eMundo through the entire transaction process to the successful closing of the acquisition.

"eMundo is a big step in our consistent development in the German market, where we want to invest in local expertise and substantial customer relationships. eMundo shares the values we have followed throughout our 20-year journey: to be the best possible workplace and to succeed through the success of our customers. eMundo also stood out for its excellent customer portfolio. They have long-standing customer relationships with large, industry-leading clients such as BMW and Deutsche Bahn. We have clear synergy and growth potential in the areas of business, public and private customer relations and human-centric culture. We see eMundo as a strong growth platform for us in Germany. I warmly welcome eMundo to the Gofore family.”

Mikael Nylund

Gofore’s CEO

The Deal

Gofore was founded in Finland in 2001 and has developed into one of the leading players for digital transformation in Europe. The acquisition of eMundo is Gofore’s first transaction in Germany and strengthens its positioning in the attractive DACH market. Together, eMundo and Gofore Germany will leverage their capabilities and reach to drive growth with existing and new customers based on their shared values.

The Target

Founded in Munich in 2000, eMundo is a digitalisation and custom software development specialist that employs 93 professionals in seven offices in Germany, Austria, and Italy. eMundo designs and implements digitalisation projects and develops customised software for strategic areas such as cyber security, service processes, public transport and the automotive sector.

About Gofore

Gofore is a Finnish digital transformation consultancy and has been listed on Nasdaq Helsinki since 2017. The company is headquartered in Tampere and employs more than 1200 professionals. Gofore offers services in digitalisation, leadership, agile software development, design, testing and maintenance.