OVERVIEW
Founded in 2000 and led by CEO Hele Hammer, Telema provides EDI network services to customers in the Baltic States and beyond. With time the company has expanded its successful EDI platform with adjacent services, such as AP automation.
Livonia Partners collaborated with the CEO to buy out passive shareholders, thereby becoming a minority shareholder in the company.
Sustainability & WHY WE INVESTED
Digital processes and digital document volumes are growing within both large and small companies across Europe. Further government mandates are expected to support this growth over the next decade. Telema provides the largest and most reliable service to customers in the Baltics, processing nearly 25 million documents annually. Going forward we believe Telema will continue to enhance its already impressive product suite.
Telema places significant emphasis on ESG matters and, beyond aligning its own operations with ESG standards, perceives a chance to support client firms in ESG-related areas.
KEY FACTS
- Sales: €5.1 million (2023)
- Documents Processed: 23.7 million (2023)
- Employees: 30+ (2023)
TEAM
- Kaido Veske
- Maarja Pärs
- Kārlis Vīķis
Livonia invests in Telema to help further company's growth
Livonia Partners has invested in Telema, a regional leader in the electronic data interchange market. The investments helps the company transform to a new form of ownership and advance its already impressive product suite.