MB Funds to support the growth of Neomore

MB Funds invests in a Finnish SAP ERP system specialist Neomore to support the growth story of the company. Company’s CEO Kristian Rantakoski will continue as a significant owner in his current role.

Neomore, founded in 2006, is a Finnish SAP ERP system specialist with customer specific industry expertise. Company can support its customers in utilizing SAP technology and in developing digital solutions that complement the core ERP system. Neomore employs 70 experts in Espoo and Tampere offices.

“We want to be an important partner to our customers and an attractive employer to our professionals also in the future. Partnering with MB Funds provides us with even greater capabilities to execute our growth strategy. As an active and established Finnish private equity investor, MB Funds brings along their considerable contribution and knowledge to develop our business”, states Kristian Rantakoski, CEO of Neomore.

”Neomore is an excellent company with highly skillful and experienced personnel. SAP has a strong position as the business-critical core IT-system of large companies in Finland. Neomore is a leading local specialist who has significant expertise in utilizing SAP technology and developing customer specific digital solutions. Company’s long-term customer relationships, highly competent employees and ongoing technological development of the SAP ecosystem provide an excellent foundation for our journey together”, comments Aapo Eskelinen, partner of MB Funds

Further information:
Aapo Eskelinen
Partner, MB Funds
+358 50 314 3793 or aapo.eskelinen@mb.fi

Kristian Rantakoski
CEO, Neomore Consulting
+358 50 537 0673 tai kristian.rantakoski@neomore.fi

Neomore briefly
Neomore, established in 2006, is a Finnish SAP ERP system specialist that employs 70 professionals in Espoo and Tampere offices. www.neomore.fi

MB Funds briefly
MB Funds is the leading Finnish private equity investor founded in 1988. Total assets under MB Funds management stand at 0.5 billion euro with prime Finnish institutions as its main fund investors. MB Funds has successfully invested in approx. 50 mid-sized companies in the Nordics. www.mb.fi