Sentica’s new buyout fund raises EUR 50 million

Private equity investor Sentica Partners has completed a EUR 50 million first closing on its new Finnish lower‐mid‐market focused buyout fund. All of the commitments to the Sentica Buyout III fund came from existing investors with the largest commitments being from the leading Finnish institutional investors Finnish Industry Investment Ltd, Ilmarinen Pension Insurance Company and Etera Mutual Pension Insurance Company. At this stage the new fund raises the amount of assets under Sentica’s management to EUR 210 million.

Attachments: Sentica Buyout press release 26.11.2008

Sentica Partners acquires medical transport business unit from Nurminen Logistics

A fund managed by the Finnish private equity investor Sentica Partners is acquiring Helsingin Ensihoito ja Sairaankuljetus Oy (HES) from Nurminen Logistics Plc, listed on the OMX Nordic Exchange Helsinki. Key individuals from the company and from Finnish Industry Investment Ltd will become minor shareholders in the company. The change in ownership will enable the company to expand its operations and strengthen its position as the leading medical transport company in Finland. The structural change process in the first‐aid and medical transport sector offers promising future opportunities for bigger players. The sale price of the share capital of HES is EUR 7.8 million.

Attachments: HES press release 10.10.2008

Sentica Partners merges DWT Engineering’s and Cavia’s business operations

A fund managed by the Finnish private equity investor Sentica Partners has acquired the entire capital stock of DWT Engineering from Markku Sihvonen and Timo Kivimäki. DWT Engineering specialises in sludge treatment and during its history of over 20 years has achieved a strong position in international markets. Sentica’s family member Cavia has developed an effective method based on high frequency cavitation technology for accelerating the digestion of sludge. Combining DWT’s and Cavia’s expertise will reduce the environmental impacts of wastewater treatment plants and enhance efficiency in the production of bioenergy.

Attachments: DWT press release 1.10.2008

Private equity investor Sentica Partners acquires majority in Miratel

A fund managed by Finnish private equity investor Sentica Partners is acquiring 52 per cent of Miratel Oy from three private investors. The operating management of Miratel remain as shareholders with a 48‐per‐cent share in the company. The nurse‐call system provider Miratel is a front runner in IP based nurse‐call systems and has a strong market position in the public‐healthcare sector in Finland. With increased resources and Sentica´s support the company is aiming at a stronger service offering and faster international growth.

Attachments: Miratel press release 4.8.2008

Sentica Partners acquires Arme

Finnish private equity investor Sentica Partners is acquiring Arme Oy from Panostaja Oyj, a public limited company focusing on investment activities, for an enterprise value of EUR 25.5 million. The CEO of Arme, Mr Jukka Pyykönen, remains as a shareholder with a 20‐per‐cent share in the company. Arme, which specialises in industrial insulation and scaffolding services, is aiming at rapid, organic growth by expanding the service offering as well as through acquisitions.

Attachments: Arme press release 3.7.2008

Sentica Partners sells Openbit to Tanla

Funds managed by the Finnish private equity investor Sentica Partners, Finnish Industry Investment Ltd, Forssan Seudun Puhelin Oy and Innofinance Oy are selling their majority shareholding in Openbit Oy to Tanla Solutions Ltd. Openbit has grown strongly during the past few years and has become the leading provider of device payments for mobile applications. The transaction generates good returns for Finnish investors and provides Openbit with larger resources and distribution channels while operating as part of a telecommunications software and service provider with global operations.

Attachments: Openbit press release 5.6.2008

Sentica Partners purchase YIT´s investment, lease management and financial administration services

A fund managed by Sentica Partners Oy acquires the investment, lease management and financial administration services of YIT Building Systems. As a result of the purchase, the largest independent operator in the field in Finland will be created. The new enterprise, Corbel Oy, will operate nation‐wide offering specialist services in property management to investors, users and tenants. The aim of the company is to offer real estate investors the best possible profit for investments and safeguard the properties from interrupted use. As the responsible market leader, the new company will also continually develop its operations with the aid of its cultivated knowledge in real estate. The purchase price will not be released.

Attachments: Corbel press release 21.5.2008

Sentica Partners acquires majority of EMS company

The Finnish private equity investor Sentica Partners has acquired 60 percent of Oy Darekon Ltd. The previous owners of the company, Mr. Kai Orpo and Mr. Henri Orpo, remain as minority shareholders through their company Dinos Investment Oy. The focus customer sectors of Darekon are medical and industrial electronics, where outsourcing is still increasing. The transaction is aiming at expanding and developing Darekon´s operations through both organic growth and acquisitions. The goal of the company is to become the leading contract manufacturer of medical electronics in the Nordic region.

Attachments: Darekon press release 11.2.2008