Investment Summary

Tesi and LocalTapiola General Mutual Insurance Co. Invest In Loihde

On January 2, 2018, sovereign wealth fund Tesi and LocalTapiola General Mutual Insurance Co. invested in information technology company Loihde

Investment Highlights
  • This is Tesi’s 8th and LocalTapiola General Mutual Insurance Co.’s 1st transaction in the Information Technology sector.
  • This is Tesi’s 59th and LocalTapiola General Mutual Insurance Co.’s 1st transaction in Finland.

Investment Summary

Date 2018-01-02
Target Loihde
Sector Information Technology
Investor(s) Tesi
LocalTapiola General Mutual Insurance Co.
Deal Type Stake Purchase

Target

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.

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Investor(S) 2

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 65 of 75
Sector: Information Technology M&A 8 of 8
Type: Stake Purchase M&A Deals 6 of 7
Country: Finland M&A 59 of 67
Year: 2018 M&A 3 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.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-07 Uusioaines

Jokioinen, Finland

Uusioaines is a foam glass manufacturer and glass recycler. The company processes up to 80,000 tons of recycled glass a year. The purified and color-coded chip is made of: foam glass, glass wool, and new packaging glass. Uusioaines is based in Jokioinen, Finland.

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Investor
DESCRIPTION

LocalTapiola General Mutual Insurance Co. is a non-life insurer company.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
Country: Finland M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-26 Alma Insurance Co.

Finland

Alma Insurance Co. Ltd. is a provider of reinsurance services.

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