Type
Business expansion
Country
World
Region
Location of affected unit(s)
Finland, the Netherlands and the United States
Sector
Information / Communication
Computer Programming, Consultancy And Related Activities
Computer Programming, Consultancy And Related Activities
62.01 - Computer programming activities

200 jobs
Number of planned job creations
Job creation
Announcement Date
26 October 2021
Employment effect (start)
26 October 2021
Foreseen end date

Description

The Finland-based software company Good Sign, a subsidiary of private equity company Bocap, is creating 200 jobs  in the next few years. Good Sign operates in Finland, the Netherlands, and the United States, and currently employs 40 people. Bocap is to invest €10 million in the expansion of its subsidiary.

Good sign provides software services, including smart pricing and billing automation software. It offers simple and measurable solutions to the real problems that all companies face in recurring billing. The company’s expansion is related to a growing demand for the services; the demand has been accelerated by the COVID-19 pandemic.

Bocap was founded in 2002 in Finland; the company is mainly dedicated to Finnish small and medium enterprises and it manages two private equity funds.


Sources

Citation

Eurofound (2021), Good Sign, Business expansion in World, factsheet number 105600, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/105600.