News

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

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

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

We are moving

Sentica's office is moving on January 2, 2018. Our new address is Kasarmikatu 21 B, 00130 Helsinki (7th floor).

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

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

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

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

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.

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

Trust is now Ropo Capital

Trust Kapital makes significant brand updates and changes its name. The Group’s umbrella brand will be Ropo Capital. The new name and visual appearance highlight the company’s Finnish origin.

Attachments: Press release Ropo Capital 16 February 2017

Sentica announces its intentions to offer shares in Kotipizza to institutional investors

Sentica Buyout III Ky and Sentica Buyout III Co-Investment Ky (together "Sentica"), intend to sell up to 4,020,618 shares in Kotipizza Group Oyj ("Kotipizza" or the "Company") (the "Shares") corresponding to approximately 63.3 per cent of all the outstanding shares of the Company (the "Share Sale"). The Shares represent all of the shares that Sentica owns in the Company. Sentica will decide the final number of the Shares to be sold based on investor demand.

Attachments: Press release Kotipizza 8.2.2017

Sentica has sold its shares in Kotipizza Group Oyj

Sentica Buyout III Ky and Sentica Buyout III Co-Investment Ky (together "Sentica") have sold all of their shares in Kotipizza Group Oyj ("Kotipizza" or the "Company") in an accelerated book-building process (the "Share Sale"). Sentica sold altogether 4,020,618 shares in the Company, corresponding to approximately 63.3 percent of all the shares and votes in Kotipizza. The sale price in the Share Sale was EUR 9.50 per share and the gross sales proceeds of the Share Sale amounted to approximately EUR 38.2 million. After the Share Sale, Sentica does not own shares in the Company.

Attachments: Press release Kotipizza 9.2.2017

Sentica Partners exploring options for its ownership in Kotipizza

Sentica Partners Oy’s funds “Sentica Buyout III Ky” and “Sentica Buyout III Co-Investment Ky” (together, “Sentica Partners”) have engaged Carnegie Investment Bank and Pareto Securities to explore options for reducing their ownership in Kotipizza Group Oyj (“Kotipizza”) in one or several stages.

Attachments: Press release Kotipizza January 18 2017

Trust Kapital acquires Enfo Zender

Trust Kapital, the company specializing in receivables lifecycle management and financing, acquires the information logistics service provider Enfo Zender Oy in a share purchase deal. Enfo Zender’s information logistics business, including business operations and customers, is transferred to Trust Kapital in the transaction. With the acquisition, Trust Kapital’s revenue in 2017 will rise to over 40 million euros, and approximately one in six invoices in Finland will be delivered by the company.

Attachments: Press release Trust Kapital 17 January 2017

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