Krogerus advises Multitude AG on its acquisition of a majority stake in Sortter Oy

Krogerus advised Multitude AG, a listed European FinTech company, on its acquisition of a majority stake in Sortter Oy, a leading Finnish financial services comparison platform, after an initial investment of a 19.97% stake in Sortter in 2023. Multitude has a strong understanding of Sortter’s business model and the markets it serves, making the investment a strategically aligned opportunity to support Sortter’s further growth, while adding an incremental fee income stream for Multitude, in line with its revenue diversification strategy.

Sortter specialises in consumer and SME financing comparison services. The company has built a strong position in the Finnish market through its independent comparison platform connecting customers with financing providers through a fully digital process. Following the transaction, the company will continue to run independently and operate under its established brand, platform model, and management team.

The Krogerus team was led by Partner Johan Aalto and he was primarily assisted by Senior Associate Tiina Jauhiainen and Associates Emma Kiviniemi and Henna Olkkonen.