A management buyout between Identoi Oy and Applirent Oy October 31st 2017

Identoi Oy and Applirent Oy have agreed on a management buyout (MBO), where Applirent Oy buys the TK-Vuokrat software business of Identoi Oy.

The owners of Applirent Oy are Tuomas Niemi, Antti Lehikoinen and Vesa Harjunen, who were responsible for the TK-vuokrat software business and related software development and customer service in Identoi Oy.

TK-Vuokrat’s software business has moved over to Applirent Oy on 31st October 2017 at 23:59. All services will continue without any breaks in service.

In this deal Tuomas Niemi, Antti Lehikoinen, Vesa Harjunen and Joonas Mononen moved over to work for Applirent Oy as old employees. Tuomas Niemi has been nominated as the CEO of Applirent Oy.

”We are very happy that our long term employees had the courage to entrepreneurship and take over our TK Vuokrat software business. Along this arrangement, Identoi Oy is growing and expanding our activities as a leading mobile solution provider in Finland for logistics, retail industry, services and building industries. Our specialties are web, mobile, data acquisition, RFID and IoT technologies”, says Sakari Vaara, CEO of Identoi Oy.

”This deal makes Applirent Oy the leading software provider of rental and equipment management solutions in Finland. We continue to provide our software business for rental companies with a very professional and experienced team”, says Tuomas Niemi, CEO of Applirent Oy.

Niemi continues: ”At first we will make sure that all of our operations will continue through the transition period. The clients don’t have to change anything in their IT-environments. We are going to develop our mobile and cloud solutions forward for the needs of rental and equipment management in the future”.

More information about the business deal from:

Applirent Oy, CEO:

Tuomas Niemi

+358 500 892 868


Identoi Oy, CEO:

Sakari Vaara

+358 40 553 9347


© 2017-2018 Applirent Oy