News

Sentica invests in Sisco Oyj

A fund managed by the Finnish private equity investor Sentica Partners will acquire a majority stake in Sisco Oyj, a residential construction company, in an agreement signed on 25 October 2016. Sisco’s current owners will continue in key operative roles and as minority shareholders after the transaction.

Attachments: Press release Sisco 25 October 2016

Tammermatic Group has sold its U.S. subsidiary Interclean Equipment Inc

Tammermatic Group Oy has sold its equity interest in InterClean Equipment, Inc. to InterClean Holdings, LLC. The new company is owned by a group of investors led by the private equity firm Oakland Standard Co. Additional investors include industry veterans, Morten Merrild, Rob Forbes and Kirk Ylinen. The sale became effective on September 9, 2016.

Attachments: News release Tammermatic September 9 2016

JJ Kaivin ja Kallio Oy becomes part of TerraWise

TerraWise has acquired JJ Kaivin ja Kallio Oy, a company specializing in earthworks, quarrying and blasting. The acquisition is part of TerraWise’s growth strategy and it further broadens the Group’s infrastructure construction expertise while also expanding its geographical reach into Southwest Finland. The sellers of JJ Kaivin ja Kallio will remain in key operating roles and will become owners in the Group via the transaction.

Attachments: Press release TerraWise 10 August 2016

Coptersafety orders five new full flight simulators to become a leading helicopter training center

Coptersafety – an independent helicopter flight training service provider has today announced the order of five new Full Flight Simulators (FFS) from American TRU Simulation + Training. The chosen simulator models are Airbus Helicopters H125 and H145, and AgustaWestland AW169 and AW189. Training demand for all of these models is expected to increase in the future. The fifth FFS will be decided in the coming months in response to market conditions. The investment is the largest ever done in civil helicopter aviation.

Attachments: News release Coptersafety July 27 2016

G7 Data and Chilit unite, a new agile IT service provider is formed

G7 Data and Chilit unite their forces as a fund managed by private equity company Sentica Partners acquires majority stakes in both companies. A new significant IT service provider is formed to the Finnish ICT sector. The new company aims to serve a broader customer base with a wide scope of ICT solutions and services. The service offerings and the customer oriented service approach of the two companies complement each other and enable customers a wide selection of IT solutions and services through one service provider. Key personnel of G7 Data and Chilit continue as minority shareholders of the new company.

Attachments: Press release Chilit & G7 Data June 27 2016

Sentica exits Pihlajalinna

A fund managed by Sentica Partners Oy has sold its remaining shares in the leading social and healthcare company Pihlajalinna Oyj.

Attachments: Pihlajalinna press release May 12 2016

Private equity investor Sentica to support Trust Kapital’s growth

A fund managed by the Finnish private equity investor Sentica Partners has acquired a majority stake in Trust Kapital Group. Trust Kapital’s founders, Petri Tukiainen and Tuomo Rissanen, remain with the company as significant owners also after the transaction.

Attachments: Press release Trust Kapital Group 23 March 2016

Hämeen Laaturemontti acquires Nesco Group

Hämeen Laaturemontti acquires all the shares in Nesco Group in a transaction signed on January 29 2016. The new entity combines two market leaders of their own fields: Hämeen Laaturemontti is Finland’s largest roof renovation company and Nesco Group’s Vesivek is the leading rainwater and roof safety solutions’ sales and installation organization in Finland.

Attachments: Press release Hämeen Laaturemontti February 1 2016

Sentica Partners strengthens investment team

Aitor de la Torre has joined Sentica as a partner and a member of the investment team on January 4 2016. Previously he worked in Danske Bank Corporate Finance during years 2008-2015, out of which the last five years he served as a Director.

Attachments: Press release Sentica January 4 2016

Sentica acquires three companies to create a significant new infrastructure construction player

A fund managed by the private equity company Sentica Partners has acquired majority stakes in three specialized infrastructure construction companies: Kanta-Kaivu Oy, Cendigo Oy and Kallionporaus Arto Soininen Oy. The transaction brings the companies under one parent entity. Key individuals from each company will remain with the new Group as significant minority owners.

Attachments: Press release Sentikaivu January 4 2016