LM Information Delivery (Finland) purchased the entire share capital of Jaicom, and acquired YAP Solutions’ magazine and leisure organization business. The company’s objective is to establish an internationally competitive operator that offers publishers subscription services and systems. As part of the same transaction, iO Kustantajapalvelut Oy , which is owned by LM Information Delivery, will be merged with Jaicom.

YAP Solutions’ magazine and leisure organization business, iO Kustantajapalvelut and Jaicom will now serve their customers under the name Jaicom Oy. The transaction will see personnel transfer to the service of Jaicom, whose employees will number roughly 50. Jorma Ainassaari will remain Jaicom’s CEO.

“The transactions are a strategic step in Jaicom’s development and will enable the company’s growth both in Finland and globally. The synergies of the merging companies are considerable, since their client base and business development targets are mutually supportive. The transaction will also enable us to serve our customers with an even more comprehensive offering,” says Jorma Ainassaari, CEO of Jaicom Oy.

Thanks to the merger and acquisition, Jaicom’s position in the Nordic market will be further reinforced, as the company’s expanded product and service offering will be the most comprehensive in the industry, and in future will also include system, operating and subscription services for publishers.

Stronger focus on product and service development

The merger and acquisition will enable an ever-greater focus on product and service development. Jaicom’s goal is to offer publishers increasingly advanced services and solutions for managing publication subscriptions.

LM Information Delivery, which owns Jaicom, is one of the fastest-growing Finnish service companies, with subsidiaries not only in the Nordic countries, but also in the US, the UK, South Africa, Spain and the Netherlands, among others. A stable business ownership that is focused on service innovations will give Jaicom better operating conditions, growth and competitiveness in international markets.

“With this merger and acquisition, our objective is to build an increasingly competitive operator that can offer publishers a broader range of services on a global level,” says LM Information Delivery’s CEO, Janne Järvinen.

For further information, please contact:

Jaicom Oy:
Jorma Ainassaari, CEO, jorma.ainassaari@jaicom.com, +358 400 581 684

LM Information Delivery:
Janne Järvinen, Group CEO, janne.jarvinen@lminfo.fi, +358 50 563 6676

Jaicom Oy
Jaicom specializes in the development of systems for newspaper subscriptions and distribution. The company has a subsidiary in Sweden and operations in Germany, Austria and the UK. More than 300 titles in Finland and Sweden manage their subscription and distribution operations with the company’s systems. In addition to ready products, Jaicom offers its customers system and software development services. www.jaicom.com

LM Information Delivery (Finland)
LM Information Delivery is a provider of subscription and information management services. The company’s offering includes subscription management services, eResource access and management services, eBook services and database services. LM’s customers include university and research libraries, public libraries, cities and municipalities, corporations and corporate information services. In addition to its head office in Finland, the company serves its customers in all Nordic countries, and in Estonia, the UK, Belgium, Spain, the Netherlands, South Africa and the USA. www.lminfo.fi.