Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Smartly.io, a Finnish IT company, plans to recruit 100 new product developers in its production team in Helsinki over the next 18 months. The company has received a major investment of €200 million from funds advised by US-based asset management firm Providence Equity Partners that will also partner with management of Smarly.io to help accelerate firm's growth through acquisition and organic investment. The company’s services have so far covered Facebook, Pinterest and Instagram but now the company plans to expand to Snapchat, Twitter and YouTube.
Eurofound (2019), Smartly.io, Business expansion in Finland, factsheet number 99565, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/99565.