Finnish SaaS-companies Heeros and Taimer will join forces in the growing markets of financial management and enterprise resource planning (ERP).Together the companies can offer a fully integrated solution for digitalizing and automating business processes for PSA segment companies.
Heeros Plc and Taimer Ltd have signed a share purchase agreement on 15th of November 2021 for Heeros to acquire 100% of the shares of Taimer, a Finnish SaaS company focusing on PSA (professional services automation) segment ERP solution. The acquisition is conditional on Heeros extraordinary general meeting approval, and it is estimated that Taimer will be consolidated to Heeros from 1.1.2022 onwards.
Joining forces to meet customers’ needs
Taimer with its 40% revenue growth in the last fiscal year is a growth acceleration investment for Heeros. The acquisition supports Heeros’ strategy for 2021-23 and works as a catalyst for strategy execution both in Finland and internationally.
The acquisition strengthens Heeros’ capabilities to meet its customers’ needs for business process automatization. By integrating Heeros and Taimer solutions, Heeros can offer an end to end ERP solution for small and medium sized businesses that fully integrates to financial management solution and invoicing processes, says Heeros CEO Mikko Pilkama.
Heeros’ existing account office customers also have raised to us a need for an integrated system that complements their current financial management solution. For this Taimer brings an excellent solution, Mikko continues.
Full Heeros Plc company release here.
May 29, 2023 Open Banking – A new era of open bank interfaces
May 11, 2023 Practical guide on preparing for e-invoicing regulations
March 31, 2023 Fast value creation with Finance First approach in ERP transformations
January 17, 2023 AI posting proposal complements the Heeros Purchase Invoices solution
January 3, 2023 Heeros at HRExeNordic 2023: HR data is everywhere, just use it
December 20, 2022 It's time to wrap up and thank you for 2022
September 22, 2022 Heeros is bringing to the market a new offering for small businesses
September 22, 2022 Heeros' new offering meets the needs of small businesses
September 9, 2022 Changes in the Heeros organization – a new leader for international sales and partnerships
June 28, 2022 Updated Heeros aims to support customer growth
April 25, 2022 PEPPOL helps your company to e-invoice internationally
April 22, 2022 Heeros Oyj: Stronger revenue growth supported by acquisition of Taimer
April 19, 2022 Heeros participated in the Chief of Finance 2022 event
February 16, 2022 Heeros to accelerate international growth
February 3, 2022 Heeros Oyj’s financial statement release 1 January–31 December 2021
December 21, 2021 When it comes to continuous development, teamwork is key