Here are Atte’s comments regarding Administer’s recent acquisition in Sweden 
Administer announced on Monday that its subsidiary Silta is acquiring an 80% majority stake in the Swedish payroll company Passion for Payroll Stockholm AB. With this transaction, Silta takes a strategic step into the Swedish market, supporting the group’s ability to serve international clients across borders. The acquired company’s revenue of approximately EUR 2 million is quite small on Administer’s scale, but it strengthens the company’s Nordic footprint. The purchase price of the arrangement was not disclosed in the release, but our understanding is that Administer paid a fair price for a very profitable business. We will include the acquisition in our forecasts in connection with our next update. Our recent update following the Q1 report can be read here.