twoday strengthens its market position with the acquisition of Bear IT's software business
twoday has acquired BearIT's software services business in Finland. The company's 15 employees and software business accounts will be transferred to twoday Group.
BearIT was founded in 2013 and has had two distinct business segments: software services and digital employment services. Going forward, BearIT will focus on developing its digital employment services and coaching business. The software business will be transferred to twoday group. The acquisition is part of twoday's growth journey to be the leading solutions partner for digital transformation in Europe.
"We are very excited to have the BearIT team join our twoday family. We have been working with them for years and know the team that is joining us very well. I value their expertise and ability to serve customers and know they will be a great fit for our company. We are committed to continuing to serve the BearIT customers who will be transferred to us. At the same time, we will be able to offer them services with a much broader skill base and the support of a larger organisation," says Petri Lillberg, CEO of twoday Finland.
"BearIT has been actively developing digital employment services for years and we have established ourselves as one of the key players in this field in Finland. I am confident that twoday is the right partner to further develop our software business. I also believe that twoday offers our staff a good opportunity for career development and to strengthen their skills", says Teemu Karhu, CEO of BearIT.
Petri Lillberg, CEO, twoday Oy, +358 40 577 7014
Teemu Karhu, CEO, BearIT Oy, +358 44 337 5775
twoday is a full-service technology company, focusing on digital transformation, tailored software development, data driven decision making, AI & automation, CRM solutions and business applications to both the private and public sector. With 2 500 experts across the Nordics and Lithuania, and a revenue of 326 mill Euro in 2022, twoday is a leading partner in helping its 8 000 customers succeed in their digital transformation. In Finland twoday has over 600 top professionals in total in Helsinki, Tampere, Lappeenranta, Jyväskylä, Turku, Espoo, Oulu and Hyvinkää.
About BearIT Oy
The individual employment services offered by BearIT are currently used by more than 2,000 TE Services customers in almost all of Finland. The services consist of various regional, individual and comprehensive career coaching, longer-term IT training and various industry-related introductory training. Matching and training services aimed especially at highly educated immigrants are on the rise, preparing the workforce for the current shortage of experts and facilitating integration into society. BearIT will also continue to develop the OSKAR competence mapping SAAS service. OSKAR offers a professional competence survey for more than 3,000 professions in 27 languages. OSKAR's services can be utilised in employment, education, integration and teaching projects to support the employment and competence mapping of educational institutions, unions and joint municipal authorities. BearIT operates in Tampere, Helsinki, Turku, Kotka and Kuopio.