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18 Feb 2021

MCF supports the owners of CCEA in the sale to Gofore

CCEA Oy (“CCEA”), a leading Finnish change implementation company, has been sold to Gofore Plc (“Gofore”), a Finland-based digitalisation transformation consultancy firm. MCF advised CCEA and its owners in the entire transaction process, continuing its track record of supporting entrepreneurs in successfully transitioning their business to new ownership.

“MCF was more than a great and professional transaction adviser to us; Not only did they lead the process excellently, but also supported us on the more human aspects of this emotional journey. The best partner an entrepreneur can ever wish for.”

Reetta Rajala

founder and CEO of CCEA

The Deal

In this transaction Gofore has acquired 95% of the shares in CCEA with the remainder being held by the company’s management team. Through this acquisition and in line with its strategy, Gofore will strengthen its position as an adviser and main service provider in large digital transformation projects.

The transaction is scheduled to close on 1 March 2021.

The Target

CCEA provides expert services and consulting on executing demanding change processes, managing change portfolios, and developing change capabilities. The company is an industry leader in the Finnish change implementation space and currently employs approx. 50 experts at its offices in Espoo and Singapore. CCEA’s extensive customer base includes many of Finland’s largest internationally operating companies, such as Outokumpu, Neste, and KONE.

Client Statement

Reetta Rajala, founder and CEO of CCEA, said, “MCF was more than a great and professional transaction adviser to us; Not only did they lead the process excellently, but also supported us on the more human aspects of this emotional journey. The best partner an entrepreneur can ever wish for.”

About Gofore Plc

Gofore is a Finland-based digitalisation transformation consultancy with international presence and growth plans. The company has over 700 impact-driven employees across Finland, Germany, Spain and Estonia. Gofore uses consulting, coding and design as tools to incite positive change. Gofore strives to be a great workplace that thrives on customer success. In 2020, Gofore’s sales amounted to EUR 78m. Its shares are quoted in the Nasdaq First North Growth Market Finland.