Investment Summary

CapMan and Tesi Invest In Renoa

On January 1, 2018, private equity firm CapMan and sovereign wealth fund Tesi invested in business services company Renoa

Investment Highlights
  • This is CapMan’s 4th and Tesi’s 2nd transaction in the Business Services sector.
  • This is CapMan’s 24th and Tesi’s 58th transaction in Finland.

Investment Summary

Date 2018-01-01
Target Renoa
Sector Business Services
Investor(s) CapMan
Tesi
Deal Type Growth Capital

Target

Renoa

Jyskä, Finland
Renoa is a provider of building systems. These include water, heating, electricity, drain and ventilation systems and their maintenance services. The services are provided under the subsidiaries Renoa Putkipalvelut Oy, Renoa Viemäripalvelut Oy and Renoa Sähköpalvelut Oy, in both Finland and Sweden. Renoa was formed in 2006 and is based in Jyskä, Finland.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 2

Investor

CapMan

Helsinki, Finland

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 4.9B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

CapMan is a private equity group focused on a variety of investments in Scandinavia and Russia. CapMan's buyout group looks to invest €20 to €70 million (€10 to €20 for mezzanine) of capital in unlisted companies generating €50 to €500 million in revenues. CapMan seeks control positions and does not have any sector preferences. CapMan was established in 1989 and has offices in Helsinki, Stockholm, Oslo, Luxembourg, and Moscow.


DEAL STATS #
Overall 61 of 92
Sector: Business Services M&A 4 of 4
Type: Growth Capital M&A Deals 17 of 33
Country: Finland M&A 24 of 47
Year: 2018 M&A 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-01 Aste Helsinki

Helsinki, Finland

Aste Helsinki is a digital creative production company for marketing and media. Aste Helsinki helps media publishers to publish their content in all media formats from printed magazines to digital publishing. Aste Helsinki was founded in 2008 and is based in Helsinki, Finland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-21 Harvia

Muurame, Finland

Harvia develops an extensive range of sauna products for the needs of different bathers. Harvia was formed in 1950 and is based in Muurame, Finland.

Sell -
Investor

Tesi

Investor Investor Investor Investor Investor


Category Sovereign Wealth Fund
Founded 1995
PE ASSETS 2.4B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Tesi is a Finnish venture capital and private equity firm specializing in fund and direct investments. Tesi specifically targets minority investments in early, growth stage, and established businesses. Areas of interest include industrial, mining, software, business and consumer services, healthcare, life science, cleantech, and marine. Tesi was established in 1995 and it is based in Helsinki.


DEAL STATS #
Overall 64 of 75
Sector: Business Services M&A 2 of 2
Type: Growth Capital M&A Deals 20 of 26
Country: Finland M&A 58 of 67
Year: 2018 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-01 Talenom

Oulu, Finland

Talenom is an authorized accounting firm. The company offers services covering scheduled and efficient financial administration routines, informative results monitoring, a centralised unit specialising in the taxation and finances of SMEs, and an electronic financial administration service, Talenom Online, that is extremely easy to use. Talenom was founded in 1972 and is based in Oulu, Finland.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-02 Loihde

Vaasa, Finland

Loihde provides security and information solutions, information management as well as television services for companies. Loihde was founded in 1882 and is based in Vaasa, Finland.

Buy -