Borenius advised TA Associates on the acquisition of Epassi Group

We advised TA Associates on an acquisition where two leading global private equity firms, TA Associates and Warburg Pincus LLC acquired a majority ownership in Epassi Group from majority shareholder Bregal Milestone, which is another leading technology growth private equity firm. We advised TA Associates with respect to Finnish tax matters.

Epassi, a market leader for digital employee benefit payments in the Nordics, serves approximately 10,000 employers in the region, enabling two million employees to redeem a comprehensive range of employee benefits through Epassi’s network of more than 51,000 merchants in Finland and Sweden. In 2023, Epassi expanded into the European market, adding more than 3,000 employers, 11 million employees and 11,000 merchants across Italy, the UK and Ireland to the Company’s platform.