News

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

Sentica has sold shares in Pihlajalinna Plc

Sentica Buyout III Ky and Sentica Buyout III Co-Investment Ky (together “Sentica”) have sold part of their shares in Pihlajalinna Plc (“Pihlajalinna” or the “Company”) in an accelerated book-building process in connection to the share issue of Pihlajalinna (the “Share Sale”).

Attachments: Press release Pihlajalinna December 15 2015

Sentica sells its ownership in Puuilo

A fund managed by Sentica Partners Oy sells its stake in the fast growing discount retailer Puuilo Oy. The purchaser is Adelis Equity Partners Fund I and Puuilo’s key personnel will continue as significant owners in the company.

Attachments: Press release Puuilo November 30 2015

Sentica to support Coptersafety’s growth

A fund managed by Sentica Partners becomes the majority owner in Coptersafety Oy, which offers training services to helicopter pilots. The founder and CEO of the Company, Mikko Dahlman will continue as CEO and as a significant minority owner. With Sentica’s support, Coptersafety targets remarkable growth in the coming years.

Attachments: Press release Coptersafety November 4 2015

Pihlajalinna became listed on the official list of Helsinki Stock Exchange

Pihlajalinna Oyj ("Pihlajalinna" or "Company") became listed on the official list of Helsinki Stock Exchange in the beginning of June. In the initial public offering (“IPO”), the final subscription price per share was set at €10.50 corresponding to a market capitalization of 201 million euros. The demand in the IPO was strong and the IPO was oversubscribed several times after which the subscription period was discontinued prematurely.

Attachments: Press release Pihlajalinna June 30 2015

Kotipizza becomes listed on the official list of Helsinki stock exchange

Kotipizza Group Oyj ("Kotipizza" or "the Company") became listed on the official list of Helsinki Stock Exchange in the beginning of July. In the initial public offering (“IPO”), the final subscription price per share was set at €5.00 corresponding to a market capitalization of 31.8 million euros.

Attachments: Press release Kotipizza July 7 2015

Solteq and Descom group to create a provider for integrated digital commerce services

Solteq Plc (Solteq), listed on the main list of Helsinki Stock Exchange, and Descom Group Oy (Descom) completed a transaction on 2 June 2015 where Solteq purchased the entire share capital and the capital loans of Descom.

Attachments: Press release Descom July 6 2015

Func Food expands to Sweden and gains Celsius to its brand portfolio

Func Food Group Oy and People’s Choice AB merge to form a leading Nordic wellness and fitness group focused on functional food and beverages. Functional food company Func Food, known for its FAST and CocoVi brands, acquires Swedish People’s Choice, which is the exclusive distributor of popular Celsius functional beverage and active fashion clothing brand Freddy in Sweden. The Group targets combined sales of 50 million euros in 2015. The acquisition is partly financed by a Nordic high yield bond.

Attachments: Press release Func Food July 2 2015

Sentica sells its majority stake in Darekon

A fund managed by Sentica Partners Oy sells its 53% stake in Darekon Group Oy to Dinos Investment Oy. Dinos is Kai and Henri Orpo’s family company and it will become the largest owner of Darekon with more than 97% ownership.

Attachments: Press release Darekon April 2 2015

Welfare services become a second backbone for Arjessa Group

Oma Sydän Oy, Askelmerkki Oy and Riihenaika Oy have joined Arjessa Group, known for its child welfare services. At the same time welfare services have become a strong backbone for Arjessa Group. Need for preventive and other welfare services for families is emphasized also due to the current changes in legislation. A reform regarding families with children came into effect on January 1, 2015 and new social services law will come into effect on April 1, 2015.

Attachments: Press release Arjessa March 9 2015

Hämeen Laaturemontti and M.E.T Group to operate under the same roof

Finland’s largest roof renovation company Hämeen Laaturemontti has acquired Ostrobothnia based M.E.T Group’s operations and expands to Seinäjoki and Vaasa regions.

Attachments: Press release Hämeen Laaturemontti February 11 2015

Cargotec transfers its India engineering operations to Citec

Citec has entered into a long‐term partnership with Cargotec, where Cargotec transfers its engineering centre in Pune, India, to Citec. The transaction includes the transfer of Cargotec’s current engineering business and its 110 employees from Cargotec to Citec. Cargotec’s engineering centre in Pune is involved in engineering projects for the global cargo handling industry. For Citec, the transaction enables a fast growth in India, as well as strengthened engineering competence for the manufacturing industry.

Attachments: Press release Citec June 13 2014

FAST and CocoVi merge into a leading Nordic special foods company

Func Food and CocoVi merge into a leading Nordic special foods company. Func Food Group Oy, which has experienced fierce growth, acquires Finnish CocoVi Import Oy, whose CocoVi brand is known for nutrition rich foods and snacks – so called superfoods. Together Func Food’s FAST brand and CocoVi form Finland’s largest sports nutrition, healthy snacks and nutrition rich foods focused company, targeting nearly 30 million euros in sales in 2014.

Attachments: Press release Func Food June 9 2014

Sentica invests in Hämeen Laaturemontti’s growth

A fund managed by Sentica Partners becomes the majority owner in Hämeen Laaturemontti. Hämeen Laaturemontti has developed into Finland’s largest company focusing on roof renovations of singlefamily and row houses. The company’s key personnel will continue as significant minority owners. With Sentica’s support the company will build a nationwide unit network.

Attachments: Press release Hämeen Laaturemontti March 31 2014

Sentica to support growth of leasing company Secto Automotive

Funds managed by Sentica Partners Oy acquires majority of Secto Automotive Oy, the biggest privately held car leasing company in Finland. Secto will continue its successful growth as a provider of flexible car leasing solutions especially to the SME sector clients and as a forerunner within electric vehicle solutions. The key management of the company will remain as significant owners.

Attachments: Press release Secto February 10 2014

Citec acquires engineering company TGB from Siemens

Citec Group Oy Ab has acquired TGB (Technisches Gemeinschaftsbüro GmbH) from Siemens AG. TGB is a leading engineering company within rail vehicle and aircraft interior engineering, and also provides supporting standardization services for the German Railway Standardization Committee (“FSF”). The company operates in three business segments: Standardization, Aircraft Interior and Rail Vehicle. TGB is headquartered in Kassel, Germany, and employs 80 people. TGB was founded in 1922 and its annual revenue is approximately 7 million euro.

Attachments: Press release Citec February 3 2014