News
20.01.2014
Sentica brings more strength into Func Food’s growth
A fund managed by private equity company Sentica Partners acquires the majority of shares in Func Food Finland, which is known for its FAST branded sports nutrition products, healthy snacks and protein drinks. The Company’s key personnel will continue as significant minority owners. With Sentica’s support, the Company targets strong growth from new product categories, customer segments, distribution channels and export markets.
Attachments: Press release Func Food January 20 2014
28.08.2013
Treston concentrates into its core business and divests Hexaplan Oy
Treston continues to concentrate resources into the core business, manufacturing and sales of industrial furniture and storage systems. Following this, Treston has divested direct marketing company Hexaplan to Lounais‐Suomen Logistiikkamyynti Oy which is owned by Turun Hylly‐ ja Trukkitalo Oy and Rastec Sisälogistiikka Oy.
Attachments: Treston press release 28.8.2013
21.08.2013
Citec strengthens position within the oil & gas industry via acquiring M7 Offshore
Citec continues to strengthen its competence and offering within the oil and gas segment via acquiring the Norwegian engineering company M7 Offshore AS.
Attachments: Citec press release 21.8.2013
03.07.2013
Finland’s leading ambulance and emergency care services company 9Lives sold to management
Finland’s largest ambulance and emergency care services company 9Lives’ entire share capital has been sold to the company management. The new owners are CEO Markus Ulfstedt and CFO Katariina Matveinen.
Attachments: 9 Lives press release 3.7.2013
07.06.2013
Innofactor and atBusiness to merge – Innofactor nearly doubles its size
Finnish Innofactor Plc has acquired the entire share capital of atBusiness Oy. Integration of atBusiness and Innofactor operations will start immediately and the goal is to implement significant parts of it during the summer 2013. The name of atBusiness Oy will be changed to Innofactor Business Solutions Oy.
Attachments: AtBusiness press release 7.6.2013
29.04.2013
Sentica is moving to new office premises
Sentica is moving to new office premises on 2 May. Our Helsinki office's new address is Pohjoisesplanadi 31, 00100 Helsinki. Our Tampere office's new address is Koskikatu 7 A 3, 33100 Tampere.
18.04.2013
Frankis Group Oyj successfully places a EUR 30 million three year Nordic High Yield bond
On March 18, 2013 Frankis Group Oyj ("Frankis Group") successfully placed a three year EUR 30 million Senior Unsecured High Yield bond. The bonds, maturing on April 2, 2016, will bear a fixed coupon of 8.0% (paid semi-annually). Listing of the bonds on NASDAQ OMX Stockholm will take place within 1 year after settlement.
Attachments: Frankis Group press release 18.4.2013
03.04.2013
Citec acquires oil & gas competence
Citec is strengthening its competence and offering within the oil and gas segment by acquiring the French oil & gas engineering consultancy Akilea Engineering. Akilea designs offshore platforms, oil refineries, pipelines and power plants. The company’s service offering includes engineering, procurement, construction and project management.
Attachments: Citec press release 3.4.2013
19.03.2013
Sentica has sold its majority stake in Dewaco
A fund managed by the Finnish private equity investor Sentica Partners has sold its majority holding in Dewaco Oy. The buyer is environment technology company Econet Oy, and Dewaco’s current management will continue as owners with a significant stake.
Attachments: Dewaco press release 19.3.2013
07.02.2013
Sentica launches Sentica Buyout IV fund
Sentica Partners (“Sentica”) has held a closing of its Sentica Buyout IV (the “Fund”) at approximately EUR 115 million. Sentica aims to have the Fund’s final closing at around EUR 130 million later this year. Commitments to the Fund have been made by Finnish institutional investors and high-quality European fund of funds.
Attachments: Sentica Buyout press release 7.2.2013
07.02.2013
Sentica sold its majority holding in FinnSonic
A fund managed by the Finnish private equity investor Sentica Partners (“Sentica”) has sold its majority holding in the leading Nordic industrial cleaning solutions provider FinnSonic Oy. The buyer is Provesan Oy and the current management will continue as owners with a stake of approximately 20 per cent. Sentica became the main owner of FinnSonic in June 2006.
Attachments: FinnSonic press release 7.2.2013
17.01.2013
Darekon strengthens its competitive edge by acquiring Apelec Oy
Medical equipment contract manufacturer Darekon Oy expands its operations by acquiring all shares of Apelec Oy. With this acquisition Darekon fortifies its electronics design services and increases the customer base. This compliments Darekon Group’s service portfolio as industrial contract manufacturer of medical devices.
Attachments: Darekon press release 17.1.2013
21.11.2012
Helsinki‐based Dextra becomes part of Pihlajalinna Group
Pihlajalinna Oy and Leena Niemistö have reached an agreement on Dextra Oy becoming part of Pihlajalinna Group. The CEO and principal shareholder Doctor Leena Niemistö has agreed to sell her entire stake in Dextra, which is 60.6% of the company shares, to Pihlajalinna.
Attachments: Pihlajalinna press release 21.11.2012
01.06.2012
Namikan Pienryhmäkoti becomes part of Arjessa Group
Namikan Pienryhmäkoti, operating in Lahti, has joined the child welfare service provider, Arjessa Group. The Group now comprises of more than 20 child welfare units in Central and Western Finland. Arjessa Group consists of Puro Psychiatric Nursing Home for Adolescents as well as child welfare units Pihakoivu, Leppälintu, Nuorisokoti Valokki, Pienkoti Aura, Jokilaakson Perhekodit and Namikan Pienryhmäkoti.
Attachments: Arjessa press release 1.6.2012
29.05.2012
Sentica acquires Silta Oy – the leading payroll service provider in Finland
A fund managed by the private equity company Sentica Partners has acquired Silta Oy – a company that offers comprehensive payroll management and related consulting services. Over the next five years, the owners seek significant expansion via organic growth and add-on acquisitions.
Attachments: Silta press release 29.5.2012
20.03.2012
Sentica Partners sold its majority holding in Idesco to Lagercrantz Group
A fund managed by the Finnish private equity investor Sentica Partners has sold its majority holding in RFID solutions specialist Idesco Oy to Lagercrantz Group AB. The management of Idesco retains ownership to nearly 10 per cent of the shares. Sentica Partners became the main owner of Idesco through a corporate asset acquisition from Polar Electro in March 2006.
Attachments: Idesco press release 20.3.2012
09.01.2012
Jokilaakson Perhekodit becomes part of Arjessa Group
Jokilaakson Perhekodit, operating in the Ylivieska region, has joined the child welfare service provider, Arjessa Group. The Group now comprises of more than 20 child welfare units in Central and Western Finland. Arjessa Group consists of Puro Psychiatric Nursing Home for Adolescents as well as child welfare units Pihakoivu, Leppälintu, Nuorisokoti Valokki, Pienkoti Aura and Jokilaakson Perhekodit.
Attachments: Arjessa press release 9.1.2012
29.11.2011
Descom takes a giant leap of growth by buying Konehuone
A new large operator is being born in the Finnish IT field, as eBusiness solution provider Descom merges with server and data storage solution provider Konehuone. The two companies join forces to provide customers with a service experience that covers all of their eBusiness needs.
Attachments: Descom press release 29.9.2011
29.11.2011
Sentica acquires Treston
A fund managed by the private equity company Sentica Partners has acquired a majority of Treston Oy, a provider of furniture solutions for industrial and other technological environments. Over the next five years, the owners aim to build up the Group’s net sales to over EUR 100 million through organic growth and add‐on acquisitions.
Attachments: Treston press release 29.11.2011
04.11.2011
Pienkoti Aura becomes part of Arjessa Group
Pienkoti Aura, operating in the Jyväskylä region has joined the Arjessa Group. Arjessa Group now consists of 19 child welfare units in Ostrobothnia and Jyväskylä region. Arjessa group consists of Puro Psychiatric Nursing Home for Adolescents as well as child welfare units Pihakoivu, Leppälintu, Nuorisokoti Valokki and Pienkoti Aura.
Attachments: Arjessa press release 4.11.2011
