Investment Summary

Tesi Invests In Endev

On November 28, 2019, sovereign wealth fund Tesi invested in environmental company Endev

Investment Highlights
  • This is Tesi’s 5th transaction in the Environmental sector.
  • This is Tesi’s 63rd transaction in Finland.

Investment Summary

Date 2019-11-28
Target Endev
Sector Environmental
Investor(s) Tesi
Deal Type Growth Capital

Target

Endev

Helsinki, Finland
Endev offers solutions for water purification and thermal treatment of various industrial sludges. Endev was founded in 2011 and is based in Helsinki, Finland.

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Investor(S) 1

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 69 of 75
Sector: Environmental M&A 5 of 5
Type: Growth Capital M&A Deals 23 of 26
Country: Finland M&A 63 of 67
Year: 2019 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-04 Fira

Vantaa, Finland

Fira modernizes the construction business and builds cities with people, creating opportunities for new business. Fira Group is comprised of Fira Oy, serving as the main contractor in a wide range of residential and commercial construction, modernization, and pipe renovation projects, as well as smart services that develop new services, products, and approaches. Fira was founded in 2002 and is based in Vantaa, Finland.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-09 Nordic Rescue Group

Säynätsalo, Finland

Nordic Rescue Group is specialized in rescue vehicles for professional rescuers operating in demanding environments. Nordic Rescue Group is based in Säynätsalo, Finland.

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