Accountor

Type| Subsidiary
Industry| Financial Administration
Founded| 1944
Products| Statutory accounting, Tax, VAT and other legal reporting, Management accounting, Controller services, Payroll processing, HR Services.
Revenue| Group c. €318 million[1] (2024)

Number of employees

| Group employees 3100 [1] (2024)
Parent| Aspia Group[1]
Website| https://www.accountor.com/en

Accountor (formerly known as Pretax Group) is a firm that specialises in outsourcing services for financial and HR services. The company, based in Espoo, Finland, operates in Finland, Norway, Denmark, and Sweden. The company was founded as Pretax in 1989 by Asko Schrey.[2]

In July 2024, Accountor became part of Aspia Group.[2] The group employs about 3100 experts in six countries. Group's turnover was about 318 M€ in 2028. In addition to Finland, the group operates in Sweden, Norway, Denmark, Netherlands and Ukraine.[3]

Accountor was previously a part of Accountor Group, which also included a software business. The software companies that were part of the group included among others Procountor, Isolta, Apix, Mepco, and eTasku. KKR took over majority control of the company from Vitruvian Partners in July 2024.[4]

## History

Accountor traces its origins to Pretax, an accounting firm founded in Finland in 1986 by Asko Schrey. In 2000, Pretax merged with Konekirjanpito, another Finnish accounting company. This merger created the largest accounting firm in Finland at the time, with 350 employees.[2][5]

As Pretax grew, it expanded beyond Finland through a series of acquisitions and partnerships in the Nordic countries and elsewhere in Europe. This internationalization phase began in the late 1990s and early 2000s, and Pretax progressively established a presence in Norway, Sweden, Denmark, the Netherlands, Russia, and Ukraine, and expanded to ultimately serving companies of all sizes, from SMEs to multinational corporations.[5][6]

In 2013, Pretax adopted the unified "Accountor" brand, consolidating more than a hundred acquired local companies under a single identity.[7]

In July 2024 Aspia Group acquired Accountor’s outsourcing business, integrating it into a Nordic provider of technology-enabled accounting, payroll, tax, and advisory services. Following this, Accountor’s remaining business focused primarily on software, supported by majority investment from KKR.[4][8]

## References

1. ↑ 1.0 1.1 1.2 "About Accountor Outsourcing" (in en). https://www.accountor.com/en/global/about.
2. ↑ 2.0 2.1 2.2 "Aspia and Accountor Outsourcing join forces to create the leading provider of technology-enabled accounting, payroll, tax and advisory services in the Nordics" (in en). https://www.accountor.com/en/global/news/aspia-and-accountor-outsourcing-join-forces-create-leading-provider-technology-enabled.
3. ↑ "Accountor Outsourcing" (in en). https://www.accountor.com/en.
4. ↑ 4.0 4.1 Joseph, Irien (2024-07-19). "KKR takes majority control of Accountor from Vitruvian Partners" (in en-US). https://www.pehub.com/kkr-takes-majority-control-of-accountor-from-vitruvian-partners/.
5. ↑ 5.0 5.1 "The Accountor Story". https://www.accountor.com/sites/default/files/2018-12/accountor_story_eng_v2.0_web.pdf.
6. ↑ "Pretax rakensi taloushallinnosta vientituotteen" (in fi). 2007-09-20. https://www.is.fi/taloussanomat/art-2000001527940.html.
7. ↑ Juutilainen, Jouko (2014-05-05). "Accountor liitti myös Pretaxin ketjubrändiinsä" (in fi). https://www.savonsanomat.fi/paikalliset/3246918.
8. ↑ "Accountor divests its outsourcing business to Aspia" (in en-US). 2024-06-04. https://www.sponsor.fi/en/news/accountor-divests-its-outsourcing-business-to-aspia/.

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