News
14.02.2019
VMP strengthens its position in the retail industry by acquiring Henkilöstöratkaisu Extraajat Ltd.
VMP Plc continues to consolidate the Finnish HR industry by acquiring Henkilöstöratkaisu Extraajat Ltd. Extraajat offers staffing services nationwide and specializes in serving customers and employees in the retail industry.
04.02.2019
Sentica sells Sisco Oyj to Alvardag Group Oyj
Sentica has divested its ownership in Sisco Oyj to Alvardag Group Oyj in a transaction in which Alvardag Group Oyj acquired all of the company’s shares from Sentica and other previous owners. Alvardag Group is a Finnish project management and design company. The transaction was completed in January 2019.
31.12.2018
VMP strengthens its position in the HoReCa industry by acquiring HR services company Enjoy
VMP Group strengthens its position in the Finnish HR services market by acquiring Extremely Nice Job Oy (Enjoy). Enjoy specializes in offering HR services to the HoReCa industry across Finland.
Company release December 31 2018
29.11.2018
Verkanappulat, Lastentalo Mukulax and Apula to join forces – Growth plans backed by Sentica
Child day-care service providers Verkanappulat Oy, Lastentalo Mukulax Oy and Apula Oy join forces and aim to become a nation-wide day-care service provider. Funds managed by the Finnish private equity company Sentica become majority owner and partner of the new group. The owners of the companies retain a significant stake and continue as operating leaders in the group.
Attachments: Announcement Verkanappulat, Mukulax, Apula 29 November 2018
28.11.2018
VMP strengthens its capabilities with acquisition of Henkilöstötalo Voima
VMP Group is strengthening its position in the Finnish HR services market by acquiring Henkilöstötalo Voima. Voima is specialized in the comprehensive development of its client companies, offering staffing services as well as recruitment services and personal evaluations. The acquisition includes the entire share capital of Yrityspalvelu Voima Oy, Voima Rakentaminen Oy and Työpalvelu Voima Oy.
Attachments: Company release VMP November 28 2018
20.11.2018
Hammas Hohde to accelerate growth with backing from Sentica
The dental care service provider Hammas Hohde and Finnish private equity investor Sentica have signed a transaction in which funds managed by Sentica become Hammas Hohde’s majority owner to support the company in its accelerating growth. Hammas Hohde’s founder, oral and maxillofacial surgeon Mr. Ville Pesonen, and other key individuals remain as significant owners. At the same time, Hammas Hohde’s previous sponsor, Nordia Management, sells its ownership in the company.
Attachments: Announcement Hammas Hohde 20 November 2018
09.11.2018
Tammermatic Group has been sold
Tammermatic Group Ltd has been sold to a local entrepreneur group from the Pirkanmaa region. The new owners will provide resources and knowhow for the further development of the traditional Finnish vehicle cleaning solutions manufacturer Tammermatic.
Attachments: Announcement Tammermatic November 9 2018
23.10.2018
Ropo Capital initiates a strategic review to ensure the company’s continued strong growth
RopoHold Oyj’s (“Ropo Capital” or the “Company”) Board of Directors has been informed that the funds managed by the main owner, Sentica Partners Oy, have initiated a strategic review, with the aim of ensuring the continuity of Ropo Capital’s strong domestic growth and the Company’s internationalisation in the near future.
Attachments: Press release Ropo Capital October 23 2018
19.06.2018
VMP Plc becomes listed on the Helsinki Stock Exchange’s First North Finland market place
VMP Plc ("VMP" or the "Company") has completed its Initial Public Offering (the "Offering" or “IPO”) and becomes listed on the First North Finland market place maintained by Nasdaq Helsinki Ltd. ("First North"). Trading in the Company’s shares started on June 19 2018. The final offer price of the shares (the “Final Offer Price”) in the Offering is EUR 5.00 per Offer Share (as defined below), corresponding to a market capitalization of approximately EUR 69.5 million following the Offering (approximately EUR 74.0 million assuming full exercise of the over-allotment option).
Attachments: Press release VMP June 19 2018
05.06.2018
Administer acquires Silta and becomes Finland’s largest payroll company
Electronic financial management specialist Administer acquires Sentica’s portfolio company Silta from funds managed by Sentica and management. The acquisition will make Administer Finland’s largest payroll company.
Attachments: Press release Silta June 5 2018
09.05.2018
Purkupiha Group grows by acquiring the business of SK-Purku
Purkupiha Group, which specializes in heavy and special demolition as well as recycling and re-use of building materials, grows by acquiring the business of SK-Purku Oy. With the acquisition, the Group strengthens its heavy demolition business particularly in Eastern Finland. Santeri Karell, the owner and founder of SK-Purku, remains in a key operating role and becomes an owner in the Group.
Attachments: Press release Purkupiha Group 9 May 2018
24.04.2018
New partners to support SuperPark’s international growth
SuperPark and Sentica have on April 23, 2018 agreed on a transaction in which funds managed by Sentica and Tesi become owners of SuperPark. The transaction supports SuperPark’s international growth, which was successfully started in 2017. SuperPark’s founders remain as owners of the company also after the transaction.
Attachments: Press release SuperPark 24 April 2018
09.01.2018
Purkupiha and Dammega form a full-service group in the demolition and recycling industry
A fund managed by the Finnish private equity company Sentica becomes majority owner of Purkupiha and Dammega in order to support the companies’ growth. The owners of both companies retain a significant stake and continue as operative leaders in the new group.
Attachments: Press release Purkupiha and Dammega 9 January 2018
09.12.2017
We are moving
Sentica's office is moving on January 2, 2018. Our new address is Kasarmikatu 21 B, 00130 Helsinki (7th floor).
23.11.2017
Ropo Capital issues a 3-year EUR 50 million senior secured bond
Ropo Capital Group’s parent company RopoHold Oy has issued a 50 million senior secured bond. The transaction was well received by the market and drew interest especially from Swedish and Norwegian investors.
Attachments: Press release Ropo 23 November 2017
19.09.2017
VMP Group races towards growth and new opportunities
VMP Group strengthens its ownership base as funds managed by Sentica Partners acquire a majority stake in the company. The founding Savolainen family and the current management will retain a significant stake in the company.
Attachments: Press release VMP 19 September 2017
04.07.2017
Konevuori joins TerraWise Group
The infrastructure construction company TerraWise adds a chapter to its growth story as Konevuori Oy joins the Group. The acquisition increases TerraWise’s civil construction capabilities and significantly enhances the company’s leading position in Southern Finland. Konevuori offers its customers a wide range of services including earthworks, soil and stone transportation, stone product selling, and machinery renting. Konevuori’s founder, Mr. Reijo Wuorio, remains in a key operating role and becomes an owner in the Group.
Attachments: Press release TerraWise 4 July 2017
30.06.2017
A domestic partner to support RD Velho’s growth and development
RD Velho and Sentica Partners have on June 29, 2017 agreed on a transaction in which Sentica Partners’ fund becomes one of RD Velho’s owners. The transaction supports RD Velho’s development and growth to become a leading design and technology development company in Finland. All the current owners remain as owners after the transaction.
Attachments: Press release RD Velho June 30 2017
06.04.2017
Arme Oy and Saimaan Eristys Oy to merge
Sentica and Saimaan Eristys have entered into an agreement to merge Arme and Saimaan Eristys, two of the top industry experts that will now form Finland’s largest insulation and scaffolding Group. Both companies will continue to operate under their current names. In connection with the transaction, Sentica Kasvurahasto II has sold its entire ownership in Arme.
04.04.2017
Sentica has raised a new 185 million euro fund to develop Finnish growth companies
Finnish private equity company Sentica Partners has raised its new Sentica Buyout V fund, which was closed at its 185 million euros hard cap. The fund is Sentica’s fourth buyout fund and like its predecessors, it focuses on developing Finnish lower mid-market companies.
Attachments: Sentica Partners press release April 3 2017
