15.4.2016

Verian Technologies – Sale of Membership Interests to Basware

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We acted as local counsel to the owners of the U.S.-based Verian Technologies LLC in a transaction where Basware Corporation acquired the membership interests in the target. Part of the purchase price was paid in the form of new shares issued by Basware Corporation with the remaining part paid in cash.

Headquartered in Fort Mill, South Carolina, Verian Technologies LLC is a leading cloud-based e-procurement solution provider with more than 150,000 users in the fast growing purchase-to-pay market.

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