M&A Deal Summary

Elisa Acquires Elisa Polystar

On June 10, 2019, Elisa acquired communications company Elisa Polystar from CapMan for 70M EUR

Acquisition Highlights
  • This is Elisa’s 2nd transaction in the Communications sector.
  • This is Elisa’s 2nd largest (disclosed) transaction.
  • This is Elisa’s 1st transaction in Sweden.

M&A Deal Summary
Date 2019-06-10
Target Elisa Polystar
Sector Communications
Buyer(s) Elisa
Sellers(s) CapMan
Deal Type Add-on Acquisition
Deal Value 70M EUR

Target

Elisa Polystar

Stockholm, Sweden
Elisa Polystar is a communications service provider in CEM, Big Data Analytics, Service Assurance, Network Monitoring, Service Enablement and High-Performance Testing. Elisa Polystar is based in Stockholm, Sweden.

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Buyer(S) 1

Buyer

Elisa

Helsinki, Finland
Category Company
Founded 1882
Sector Communications
Employees5,798
Revenue 2.2B EUR (2023)
DESCRIPTION

Elisa is a telecommunications and digital service provider. Elisa Automate offers solutions and services for mobile operators to automate network management and operations. Elisa was founded in 1882 and is based in Helsinki, Finland.

DEAL STATS #
Overall 2 of 2
Sector (Communications) 2 of 2
Type (Add-on Acquisition) 2 of 2
Country (Sweden) 1 of 1
Year (2019) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-13 Starman

Tallinn, Estonia

Starman is a cable TV operator, that provides several bundled service packages offering "triple play" service: video programs, broadband internet connection, and voice telephony. It is also involved in the provision of terrestrial digital video services. Starman was founded in 1992 and is based in Tallinn, Estonia.

Buy €151M

Seller(S) 1

SELLER

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 28 of 43
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 16 of 25
Country (Sweden) 9 of 11
Year (2019) 3 of 5
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-16 Komas Oy

Jyvaskyla, Finland

Komas Oy is a provider of complete products, subassemblies and individual components to customers within the metal, vehicle, defense, and electronics industry. Komas was founded in 2002 and is based in Jyvaskyla, Finland.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-28 Picosun

Espoo, Finland

Picosun is a provider of advanced ALD (Atomic Layer Deposition) thin-film coating technology for global industries and R&D. The company's production-proven ALD solutions enable high-performance IC components, smart sensors, and MEMS devices, brightest LEDs, powder materials functionalization for e.g. medical substances and catalyst manufacturing, and protective, anti-tarnish, barrier, and biocompatible coatings for minting, watchmaking, jewelry, and medical equipment industries. Picosun was formed in 2004 and is based in Espoo, Finland.

Buy -
Mergr

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