We advised the IT company Erply on the acquisition of Gaiasoft, Estonia’s oldest accounting software provider.
The acquisition aims to create a next-generation accounting platform by merging Gaiasoft’s decades of technical knowledge and market experience with Erply’s modern cloud infrastructure and AI capabilities. This acquisition represents a significant step toward transforming Estonia’s accounting software market, demonstrating how long-standing expertise and cutting-edge technology can be combined to create innovative, future-ready solutions.
Gaiasoft, which is celebrating its 35th anniversary this year, holds the distinction of being Estonia’s oldest accounting software provider. Erply is a dynamic cloud-based solutions provider, offering advanced tools for retail, warehouse management, and accounting. Known for its commitment to leveraging modern technology, Erply develops scalable, intelligent business solutions that help companies optimise operations, streamline processes and adapt to the demands of a rapidly changing market.
Our services and client team
Our team provided comprehensive support throughout the process. We facilitated negotiations between the parties, ensuring alignment of objectives, and prepared all the transaction documentation necessary to guarantee a smooth acquisition process.
The client team handling the engagement included partner Piret Jesse and associate Meri-Ly Karjus-Mustafayev.
