Talenom acquires Spanish accounting firms Sant Cugat Consulting and Gesgal Asesores
September 29 2023 - 4:00AM
Talenom acquires Spanish accounting firms Sant Cugat Consulting and
Gesgal Asesores
Talenom Plc, Press release 29 September 2023 at 11:00 EEST
Talenom acquires Spanish accounting
firms Sant Cugat Consulting and Gesgal
AsesoresTalenom Plc has agreed to acquire the
entire share capital of two Spanish accounting firms Sant Cugat
Consulting S.l. and Gesgal Asesores S.l. The companies will be
transferred to Talenom on 1 October 2023. Sant Cugat Consulting
operates north of Barcelona in the Sabadell area and in the town of
Sant Cugat del Vallès. Gesgal Asesores operates in the Galicia area
in A Coruña. Both companies provide accounting, payroll and
advisory services mainly to SMEs.
The annual net sales transferred to Talenom from Sant Cugat
Consulting is around EUR 1.3 million and from Gesgal Asesores EUR
0.5 million. Sant Cugat Consulting employs a total of 17 people and
Gesgal Asesores five. The personnel will continue to work for
Talenom. In the short term, the acquisitions will not have a
significant impact on Talenom’s financial position or future
outlook.
Talenom combines software development with expertise in the
accounting industry in a unique way. The aim of the company is to
grow both organically and through acquisitions in Finland and in
Europe.
Further information:Otto-Pekka
HuhtalaCEO, Talenom Plc+358 40 703
8554otto-pekka.huhtala@talenom.fi
Talenom in briefTalenom is an
agile and progressive accounting firm established in 1972. Our
business idea is to make daily life easier for entrepreneurs with
the easiest-to-use digital tools on the market and highly automated
services. In addition to comprehensive accounting services, we
support our customers’ business with a wide range of expert
services, as well as financing and banking services. Our vision is
to provide superior accounting and banking services for SMEs.
Talenom's growth history has been strong – average annual net
sales growth was around 17% in 2005-2022. Talenom’s net sales were
approximately EUR 102 million in 2022, and at the end of the year
the company employed over 1,300 people in Finland, Sweden, Spain
and Italy. Talenom's share is quoted on the Main Market of Nasdaq
Helsinki. Read more: investors.talenom.com/fi
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