M&A Deal Summary

Tesi Acquires Aker Arctic

On December 17, 2013, sovereign wealth fund Tesi acquired marine company Aker Arctic for 9M EUR

Acquisition Highlights
  • This is Tesi’s 1st transaction in the Marine sector.
  • This is Tesi’s 2nd largest (disclosed) transaction.
  • This is Tesi’s 46th transaction in Finland.

M&A Deal Summary

Date 2013-12-17
Target Aker Arctic
Sector Marine
Buyer(s) Tesi
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 9M EUR

Target

Aker Arctic

Helsinki, Finland
Aker Arctic is a planning company, that specializes in marine logistics, offshore industry solutions, and vessels in the Arctic regions. The Company offers planning and technical consultation for the building of icebreakers and other types of ships used in the Arctic regions. Aker Arctic was founded in 2004 and is based in Helsinki, Finland.

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Buyer(S) 1

Buyer

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 52 of 75
Sector: Marine M&A 1 of 3
Type: Buyout (LBO, MBO, MBI) M&A Deals 9 of 12
Country: Finland M&A 46 of 67
Year: 2013 M&A 9 of 9
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-16 Visedo Oy

Lappeenranta, Finland

Visedo Oy develops, manufactures and delivers electrical drive trains for heavy mobile work machine, marine vessel and bus applications. The drive trains are suitable for both hybrid electric (HEV) and electric vehicle (EV) solutions to harsh operating environment.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-05 Mekitec

Oulu, Finland

Mekitec is a provider of food safety by providing innovative X-ray equipment for identifying unwanted objects in food packages. Mekitec was formed in 2005 and is based in Oulu, Finland.

Buy -