May 2026
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Largest IT Consulting Public Companies in Finland
Benchmark revenue and EBITDA valuation multiples for public comps like
Tieto, Gofore, Digia, Loihde and Digital Workforce Services.
 | Tieto Oyj is a software and technology consulting company. The company provides software and digital engineering services to customers across multiple industries. Its operations include specialized software businesses such as Tieto Caretech, Tieto Banktech, and Tieto Indtech, as well as a technology consulting business. The company offers services in areas including software development, design, cloud, and artificial intelligence. | $23 | +23% | $3B | $3B | 1.4x | 7.0x | ||
| Gofore PLC is a digital services company. The company offers services that help operators in the private and public sectors face digital change. The company offers services such as Digital transformation advisory, agile software development, service design, cloud technology, data & analytics, Digital quality assurance, and testing automation. The vast majority of its revenue comes from Finland. | $13 | -40% | $208M | $228M | 1.0x | 9.2x | ||
| Digia Oyj is a Finnish-based IT service company. Digia comprises four service areas: Digital Solutions, Business Platforms, Financial Platforms, and Managed Solutions The company serves a diverse set of markets, including energy, retail trade, public sector, insurance, manufacturing and service business, banking and investment services and logistics. Geographically, it operates in Finland, Sweden, Netherlands & other countries, out of which the majority of its revenue comes from Finland. | $6 | -23% | $171M | $198M | 0.8x | 6.7x | ||
| Loihde PLC is a service company for digital development and security solutions, which provides business continuity services to its customers. In digital development, the company offers its customers digital consulting, business intelligence, and data analytics services, solutions for promoting digitalization in service and software development, and services related to change management and implementation of cloud technologies. The company's security solutions cover a wide range of corporate security areas, from cybersecurity and secure network connections to locking and electronic security technology services. Geographically, the company generates a majority of its revenue from Finland and the rest from other countries. | $14 | +9% | $83M | $85M | 0.5x | 6.4x | ||
| Digital Workforce Services PLC is a trusted advisor and a globally independent provider of services in Robotic Process Automation and intelligent automation on an industrial scale. The Geographic area of the company is Finland, Sweden, Norway, Denmark, Poland, and others; the majority of the revenue comes from Finland. | $3 | -19% | $35M | $28M | 0.8x | 317.0x | ||
| Witted Megacorp PLC is a software development company that provides software development consulting and project deliveries, as well as growth consulting and recruitment services to support the customer's own software development. | $2 | +2% | $29M | $21M | 0.3x | 18.4x | ||
| Siili Solutions Oyj provides digital product design and development. The company offers information system development services as its sole reportable segment. | $3 | -58% | $25M | $15M | 0.1x | 2.1x | ||
| Vincit PLC is engaged in providing software development services. The company offers digital transformation, design and development, digital platform services, data & AI capabilities, and extensive platform expertise in SAP ecosystem technologies, VincitEAM, and others. The firm operates in Finland, Poland, Portugal, Sweden, and the United States. | $1 | -43% | $19M | $15M | 0.2x | 4.7x | ||
| QPR Software Oyj is a Finland-based company engaged in providing software and professional services to organizations. It provides solutions for execution, performance, and process management. In addition, it also provides solutions for process mining and enterprise architecture. The company's business segment is the Operational development of organizations. The group earns revenue from products and services which includes software license sales, software maintenance services, software rentals, and consulting, of which Software maintenance services and Cloud services product group earns majority of the group's revenue. It operates in Finland, and internationally of which key revenue is generated from Turkey. | $1 | -33% | $13M | $14M | 2.1x | 156.9x | ||
| Solteq Oyj is a provider of IT services and software solutions specializing in the digitalization of business and industry-specific software in sectors including retail, industry, energy, and services. It operates in Finland, Sweden, Norway, Denmark, Poland, and the UK. It has two business segments: Utilities and Retail and Commerce. The Utilities segment offers software solutions and services for the energy sector. The Retail and Commerce segment is focused on software solutions and services related to retail industry and e-commerce. The company derives maximum revenue from Retail & Commerce segment and geographically from Finland. | $0 | -51% | $7M | $8M | 0.2x | 3.3x | ||
| Median | $3 | -28% | $32M | $24M | 0.6x | 6.9x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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