SOLTEQ

E-commerce changes and disrupts traditional ways of trading by enabling new distribution channels and business models.

The leading Finnish e-commerce solution provider, our portfolio company Descom, merged with Solteq in July 2015. The new entity is a fast growing visionary specialist and service partner in omnichannel and digital commerce.

During the period when Sentica was the majority owner of Descom, organic development and growth was supported by three acquisitions. Solteq continues its strong growth by creating new business to its clients and new ways to serve clients in the areas of purchasing, point of sales and e-commerce. Sentica exited its Solteq investment in May 2021 by selling shares to institutional investors.

Sector: IT services
Sales: (2019): 58 MEUR
CEO: Olli Väätäinen
Web: www.solteq.com
Entry: 7/2009
Exit: 5/2021
Fund: Sentica Buyout III
Ownership at exit: 24.8%
Deal team: Mika Uotila