Deal Announcement

Sale of Ambientia's public sector business to HiQ

Sector: IT Services

Object of sale: PwC Finland's Corporate Finance acted as exclusive financial advisor to Ambientia Group Oy on the sale of Ambientia Oy and its public sector IT service business to HiQ, a digital transformation company backed by Triton.

Ambientia has established its position as a trusted public sector IT service partner for key government and municipality entities in Finland. The public sector business provides software development and IT services focused on service & UX/UI design, solution architecture, cyber security and tailored software development. Ambientia helps its public sector clients to digitally transform their organizations and enhance customer and citizen experience.

The private sector business of Ambientia Oy will remain with Ambientia Group Oy.

Seller: Ambientia Group Oy

Buyer: HiQ International AB

Date: Deal announced on January 3, 2024

PwC’s role: PwC Finland's Corporate Finance acted as the Seller’s exclusive financial advisor in the transaction. PwC assisted the Seller also on matters related to carve-out planning, structuring and valuation.

Press release: Ambientia

Press release: HiQ

Contact us

Hannu Keränen

Hannu Keränen

Partner, Corporate Finance, PwC Finland

Tel: +358 (0)20 787 7951

Johannes Äärilä

Johannes Äärilä

Corporate Finance, PwC Finland

Tel: +358 (0)20 787 7985

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