Digia Oyj (HLSE:DIGIA) signed an agreement to acquire Top Of Minds Ab on September 20, 2023. The total purchase price includes an additional conditional purchase price tied to future operating profit targets. Top of Minds had net sales of around SEK 114.1 million, operating profit SEK 16.3 million and net assets of SEK 39.8 million for the year end August 2023.

Post this acquisition, Digia will have nearly 300 data and analytics professionals as part of their organization. Top of Minds will continue to operate as its own company and is one of Digia Plc?s subsidiaries. Patrik Ekström will continue to lead the company.

Top of Minds? figures will be consolidated with the Digia Group from the beginning of October 2023. The transaction expected to close on October 2, 2023.