Banyan Software Expands in the Nordic Region with the Acquisition of Softera Oy

Banyan Software, Inc., a leading acquirer and permanent home for great enterprise software businesses, is excited to announce its acquisition of Softera Oy, marking its first entry into the Nordic region.

Founded in 2007, Softera, a provider of Business Support Systems (BSS) and Contact Center as a Service (CCaaS), has established itself as a crucial player particularly in the Finnish telecommunications sector, maintaining long-term relationships with some of Finland’s largest telecom companies. Softera’s solutions are deeply integrated into its customers’ daily operations, playing a critical role in their success and customer satisfaction.

We are thrilled to welcome Softera to the Banyan family. This acquisition represents an exciting milestone as we plan to partner with more outstanding businesses in the Nordic market. Softera has a long history of delivering mission critical solutions to leading telecom companies, and we look forward to working with them in this next chapter of growth.

Erik Dahl • Investment Director, Head of Nordics at Banyan Software

The addition of Softera to Banyan underscores our commitment to continuous growth within the telecommunications sector. We are eager to provide Softera with operational support to further enhance its offerings and customer relationships.

Keith Bird • Operating Partner at Banyan Software

Partnering with Banyan Software is a significant opportunity for Softera. Banyan’s approach to investing in and nurturing software businesses aligns with our values and long-term goals. We look forward to leveraging Banyan’s resources and expertise to drive further innovation and growth. The change in ownership will not only preserve but enhance our commitment to serving our customers, ensuring continued and improved service into the future.

Teemu Nyberg • CEO of Softera

This acquisition is a testament to Banyan’s commitment to expanding its presence and fostering strong partnerships with the talented individuals and innovative software companies in the region.

About Softera Oy. Founded in 2007, Softera Oy is a leading provider of Business Support Systems (BSS) tailored for the broadband market in Finland. With a reputation for excellence, Softera’s team of skilled professionals is dedicated to delivering innovative and reliable software solutions that meet the unique needs of the Finnish telecommunications sector. Softera also offers tools designed to manage and enhance the customer experience, with Softera’s CCaaS platform tailored for various industries. For more information, please visit softera.fi

About Banyan Software, Inc. Banyan Software provides the best permanent home for successful enterprise software companies, their employees, and customers. With a permanent capital base set up to preserve the legacy of founders, Banyan focuses on a buy and hold for life strategy for growing software companies. Founded in 2016, Banyan is backed by a world-class group of CEOs and investors with deep technology experience and currently operates across a growing number of verticals.

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