Investment Summary

Tesi Invests In Enevo

On April 10, 2013, sovereign wealth fund Tesi invested in information technology company Enevo

Investment Highlights
  • This is Tesi’s 5th transaction in the Information Technology sector.
  • This is Tesi’s 4th transaction in the United States.
  • This is Tesi’s 1st transaction in Massachusetts.
Investment Fate
  • Enevo went bankrupt in 2020.
  • Enevo was sold to a strategic buyer in 2021.

Investment Summary

Date 2013-04-10
Target Enevo
Sector Information Technology
Investor(s) Tesi
Deal Type Venture

Target

Enevo

Boston, Massachusetts, United States
Enevo is a provider of waste management logistics optimization systems based on wireless sensors and data analytics. Enevo was founded in 2010 and is based in Boston, Massachusetts.

Search 215,074 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) 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 45 of 75
Sector: Information Technology M&A 5 of 8
Type: Venture M&A Deals 17 of 22
State: Massachusetts M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2013 M&A 2 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-11 MetGen

Kaarina, Finland

MetGen is a developer of disruptive enzymatic products that enable significant efficiency improvements in the pulp and paper and biofuels industries, as well as removal of toxic micro-pollutants from waste water. MetGen was founded in 2006 and is based in Kaarina, Finland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-30 M-Files

Tampere, Finland

M-Files develops document management software and provides cloud-based document management services. M-Files was founded in 1987 and is based in Tampere, Finland.

Buy -