Aspia

Leading provider of accounting, payroll and skilled advisory services in Sweden

Aspia (“the Company”) is a leader within accounting, payroll, tax, and related services in Sweden. The Company primarily caters for small to medium-sized enterprises (“SMEs”). Aspia combines skilled advisory services with accounting services delivered and managed through a proprietary modular portal, MyBusiness, which incorporates multiple software-based solutions used by clients and employees for highly efficient digital service delivery.

IK Partners acquired Aspia from PwC in July 2018 and sold it to Vitruvian Partners in December 2023.

Our Value Creation Strategy

During our ownership, we worked alongside the management team to:

• Continue organic growth and market share gains from increased penetration in the urban areas of Sweden;
• Explore potential to add further services and cross-sell to the large customer base of SMEs;
• Target larger customers as these were restricted when Aspia was part of Big Four firms due to audit regulations; and
• Drive consolidation through M&A.