Strata acted as exclusive corporate finance adviser to Holvi

Exclusive Corporate Finance adviser to Holvi Services Oy on its sale to BBVA


Transaction Summary

Strata Partners is pleased to announce that it has acted as exclusive corporate financial adviser to the shareholders of Holvi Payment Services Oy (“Holvi”), the Helsinki-based online business banking provider, on the sale of the company to Banco Bilbao Vizcaya Argentaria, S.A. (“BBVA”, BME:BBVA), the global banking group.

Holvi is the FinTech innovator bringing disruption to the small business banking sector, and as such attracted the interest of BBVA as it expands its portfolio of digital businesses. Holvi, which will continue to be run as a stand-alone business, offers value-added online banking for European small and micro businesses by giving them a complete platform to manage all aspects of their finances.

"“Strata assisted us with a complex dual track process that resulted in a successful sale of Holvi to one of the global leaders in digital banking, BBVA. Through a dedicated and insightful process they helped keep up competitive tension, with two attractive yet very different options until the transaction closed. We achieved a great result working with Strata and can offer only the highest recommendation.""

Johan Lorenzen | CEO | Holvi