Investment Summary

Tesi Invests In NewIcon

On November 24, 2014, sovereign wealth fund Tesi invested in machinery company NewIcon

Investment Highlights
  • This is Tesi’s 6th transaction in the Machinery sector.
  • This is Tesi’s 51st transaction in Finland.

Investment Summary

Date 2014-11-24
Target NewIcon
Sector Machinery
Investor(s) Tesi
Deal Type Venture

Target

NewIcon

Kuopio, Finland
NewIcon is a health technology company that develops, manufactures and sells innovative automation products and services for handling medicines and laboratory equipment. NewIcon was founded in 2007 and is based in Kuopio, 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 57 of 75
Sector: Machinery M&A 6 of 6
Type: Venture M&A Deals 22 of 22
Country: Finland M&A 51 of 67
Year: 2014 M&A 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-03 Stella Care

Helsinki, Finland

Stella Care is a provider of alarm and home care services to households. Stella Care was founded in 2014 and is based in Helsinki, Finland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-07 Mitron Group Oy

Forssa, Finland

Mitron Group Oy Ltd. is a provider of display solutions for city traffic, railway transportation and at metro stations. The company provides IP based on-board systems for trains, trams and metros.

Sell -