Korona Invest Fund becomes a major shareholder in digital agency Wunder
Wunder, an international full-service digital agency operating in several European countries, will boost its growth with Korona.
Operating in Finland, UK, Germany, Estonia, and Latvia, Wunder is seeking strong growth opportunities. Today, a fund managed by Korona Invest, will become a major shareholder of Wunder. The company, which focuses on online business, agile methods and open source systems, aims to increase its turnover many times over.
"We promote openness, humane approach and agile behaviour in all our activities, both within the company and in our customer relations. This is how we shake up the usual habits of working and leave a positive footprint as both an employer, and as a service provider. This footprint will and should be expanded!" says Joonas Kiminki, who continues as the CEO of the company. "The collaboration with Korona will help us to grow by bringing in both professional governance and financial backing. There has been a strong common will and trust from the very beginning" he continues.
"The goal is to increase net sales of the Wunder companies’ in the coming years – from the current EUR 7 million to EUR 25 to 35 million", says Korona Invest's partner Jouni Pohjonen. "Skilful, thriving and satisfied staff is a key success factor in a successful consultancy. By growing and developing, Wunder's current team of more than 120 experts will be nearly tripled, as skilled talent will be offered more great employment opportunities in international development projects", he continues.
In addition to Joonas Kiminki, the remaining shareholders working in the company will continue to be significant shareholders. Solita’s founder and former CEO Heikki Halme will become a shareholder and the company’s new chairman of the Board of Directors.
"Due to digitalisation, Wunder is in a great position in the fast-growing ICT service market. The company has often been ranked among the top companies in the Great Place to Work-survey. I myself am excited by the opportunity to work with motivated professionals in a company that’s based on a modern flat organizational structure. Since its inception, Wunder has been growing into an international company, which offers a wealth of opportunities for the company's growth and development", says Heikki Halme.
Wunder includes Wunder Finland Oy, Wunderkraut GmbH, Wunder Ltd, Wunder Estonia Oü and Wunder Latvia SIA. Wunder is an international company specialising in web services. We focus on e-business, agile methods, and the open source Drupal system. The company’s net sales are approximately EUR 7 million and they employ more than 120 permanent staff.
Korona Fund III Ky
Korona Fund III Ky is a venture capital fund specialised in financing growing companies, looking for growth-oriented and desirable companies in need of both capital and business management skills to achieve growth potential.
Korona Invest Oy
Korona Invest is an entrepreneurial venture capital management company specialising in financing growth companies with EUR 2-20 million euro turnover. www.koronainvest.fi
For more information:
Managing Director Joonas Kiminki, tel. +358 40 900 4725
Chairman of the Board Heikki Halme, tel. +358 40 581 3000
Korona Invest, partner Jouni Pohjonen, tel. +358 50 3263 904
Read our CEO Joonas Kiminki's thoughts about the new partnership from his blog post.