Compared to Lenio, the purchase price for Panostaja is good. It has achieved steady growth even during challenging times while maintaining profitability. Synergies exist if they can be successfully leveraged. All in all, I see this as a good solution. The company is moving into a slightly larger size category, the offering is expanding, and if growth can be sustained, the company will also command higher multiples in a potential exit.
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Mayo Clinic has been scouting companies in the Pirkanmaa region. CoreHW, among others, was involved. It would be a big deal if the previous integrator pilot led to a new customer here
When you go through the companies on that list, only CoreHW and Lojer have turnover in the millions. The others are mainly startups.
https://www.railjournal.com/in_depth/using-ai-to-automate-tunnel-inspection/
A bit more information about the CoreHW tunnel inspection machine and the process in general.
Indeed, even with this kind of niche expertise, one can generate leads when featured in the right industry publication.