International law firm Bird & Bird advised FCG Finnish Consulting Group Oy on a strategic transaction in which FCG sold its software business subsidiary FCG Digital Ltd to Grade Holding Ltd. The transaction will make Grade Group the market leader in HR technology for the public sector in the Nordics.
Bird & Bird's expert team in Finland supported FCG on this transaction, which will allow FCG to focus on services, particularly in the education, public sector consulting, built environment design and energy sectors. The team was led by partner Jori Taipale and supported by partners Ville Alahuhta and Sakari Halonen, counsel Alli Seppänen, senior associates Riikka Aarikka, Jussi Herrainsilta, Teemu Lahdelma and Riku Rauhanen, and associates Joel Rautiainen, Niilo-Pekka Salminen and Matias Vikström.
This acquisition continues the successful cooperation between Bird & Bird and FCG Finnish Consulting Group. Bird & Bird was also the legal counsel of FCG Finnish Consulting Group in the deal, where FCG sold its international development consulting business to Cowater. You can read more about the deal here.