Aveso Oy becomes part of the Flexicode Group, establishing a European IFS specialist with Nordic and DACH reach

Two leading IFS partners are joining forces: Flexicode Group GmbH has acquired 100% of the shares of company Aveso Oy – the leading Finnish IFS Partner. The combination establishes one of the largest pure-play IFS Cloud system providers in Europe, with more than EUR 25 million in revenues and around 150 specialists across the Nordics and DACH.

Founded in 2014, Aveso serves more than 40 Finnish IFS customers in its three locations in Turku, Tampere and Espoo.

Together, the two companies will offer a broader, more comprehensive service portfolio, enabling them to deliver even stronger value to customers across Europe.

“Our ambition is to become the leading IFS service provider in Europe. Becoming part of Flexicode gives Aveso a stronger foundation to continue its strong growth in Finnish market, and to also explore opportunities in other Nordic countries. Our companies complement each other exceptionally well in terms of employee expertise, customer base, and service offerings, enabling us to serve our existing customers even better in future”, says Sami Heino, founder and CEO of Aveso Oy.

For Flexicode Group, the transaction represents not only a geographical expansion but also a strengthening of its expertise in IFS EAM (Enterprise Asset Management) and IFS FSM (Field Service Management), as well as an extension of its service offering in the field of data management, including master data management, data quality, and data warehousing. For Aveso, the deal opens the door to accelerated growth in Finland and a clear pathway into the wider Nordic market.

“We are bringing together two of the leading IFS Partners in Europe: Flexicode in the DACH region and Aveso in Finland. That is an outstanding opportunity for our customers, our teams, and the wider IFS ecosystem. What makes this combination particularly strong is not only the excellent cultural fit between our companies, but also the deep IFS expertise and complementary capabilities that Aveso brings to the Group. We share an entrepreneurial mindset, a strong customer focus, and the ambition to create long-term value. Together, we are creating a stronger European platform and taking an important step toward becoming Europe’s leading IFS Partner”, says Lorenz Wiederer, CEO of Flexicode Group.

All current shareholders will significantly re-invest in Flexicode Group and Sami Heino will continue as CEO of Aveso. Aveso’s management and all 48 employees across the company’s three locations in Finland will continue in their roles.

Both parties have agreed not to disclose further details about the transaction.

About Aveso

Aveso is the leading Finnish IFS partner and official IFS reseller with three locations across Finland, delivering end-to-end services for IFS Cloud, including implementation, development, support, and maintenance. The company has strong experience in ERP projects in the energy sector and manufacturing industry. Aveso’s services also include system integrations and comprehensive data management services (data warehouse, business intelligence, master data management, data quality and data migrations).

www.aveso.fi

About Flexicode

Flexicode is a Germany- and Switzerland-based IT services provider focused on the IFS ecosystem. The company supports its clients with ERP and FSM implementation, cloud migration, managed services, and complementary proprietary software solutions. With a strong reputation and a loyal customer base, Flexicode is positioned as a trusted partner for digital transformation in the DACH region and beyond.

www.flexicode.net