Deal Announcement: MB Funds acquires majority stake in Gallant Group Oy

Type of deal: Acquisition of shares

Sector: Financial Services (Business and Professional Services)

MB Funds, a Finnish private equity firm, has signed an agreement to acquire a majority stake in Gallant Group Oy, a Finnish company which provides financial administration, payroll, HR and advisory services and is expanding internationally. The transaction was signed on 21 October 2026.

Gallant Group's founders started the company in 2019 by merging two family-owned accounting firms with more than 60 years of combined history. Since then Gallant has grown steadily in Finland through organic growth and a series of acquisitions. It entered the Dutch market in 2025 by acquiring Broadstreet, which specialises in international tax, payroll and financial services for internationally operating companies. With MB Funds as majority owner, Gallant intends to expand further into international markets. It also plans to invest in its in-house AI and technology capabilities.

Deal announcement date: 22 October 2026

PwC’s role: PwC and Strategy& supported MB Funds on the transaction: PwC carried out financial, tax, IT and cyber, and ESG due diligence, and Strategy& carried out commercial due diligence.

Press release