Wildfrost Oy, founded in 1985, is a Finnish software company best known for its Hellewi system. Hellewi is a vertical ERP solution designed for course-based operations, enabling organizations to manage sales and booking systems, facility reservations, and payment administration. Hellewi is the market-leading ERP solution for public sector course providers, particularly within the liberal adult education sector. Each year, Hellewi is used to manage EUR 60 million in sales revenue, more than 100,000 courses and events, and 1.5 million registrations.
BDO acted as Wildfrost's lead advisor throughout the sale process, providing both financial and legal advisory services. BDO assisted the owners in preparing for the transaction, drafting sale materials, conducting negotiations, and completing the transaction.
"The process with BDO's experts progressed smoothly, and their professionalism ensured the successful execution of the sale project. Throughout our cooperation, BDO's experience and clearly structured sale process were evident in everything they did."
Perttu Tikka, Shareholder and CEO, Wildfrost Oy