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Brain Alliance to be acquired by Soprano

Just 6 minutes ago this stock market filing (in finnish) went live from Soprano. It outlines an acquisition we have been working on lately:

Soprano Plc is to buy Brain Alliance Solutions, Ltd (www.brainalliance.com). Asmo Halinen and myself are in the board, together with the CEO-Entrepreneur Jukka Hassinen.

Moments like these are rare cool stuff: despite of being an entrepreneur for more than 10 years and having 4 tradesales behind me already, stuff like this is not on the agenda every day.

Soprano is a publicly listed company in the Nasdaq OMX market, and in this acquisition they acquire 51% of Brain Alliance - effectively making Brain Alliance a public company.

The talks that lead to this acquisition progressed quite quickly - as is typical when two parties that share a strong common interest "discover" each other. Brain Alliance's CEO Jukka Hassinen has a nice entrepreneurial war story behind him: starting about 6 years ago with nothing straight from school, and now selling to a well-known public company. That's first class entrepreneurial example for you! (althou I must admit that the scale is still quite small: these companies are not mega-corporations yet, but they have such a huge potential for growth. Especially when combined together like this).

It was a pleasure and a privilege to be working on this.

This was my second time being involved in a tradesale to a public company: back in 2003 I sold Fuksiini Sites, Ltd. as its CEO, to a company listed in the same stock exchange.

People have been recently citing that "we need entrepreneurial examples in this country" - well here's one, so spread the word!

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