Author: olli

An unsuspected shock calls for proactive reaction

25.3.2020

Sudden macro shocks and crises require fast reaction to mitigate both short – and long-term effects. The current situation has put an unprecedented liquidity stress on businesses. Financing is one of the core skills of Sisu Partners and we have extensive experience in securing long-term solutions in difficult funding situations. Sisu’s debt advisory services include:

  • Detailed financing modelling including cash flow analysis, strategy under funding constraints, counterparty risk, risk management and assessment of debt capacity.
  • Optimization of capital structure including choice of financing and the use of alternative forms of financing.
  • Negotiation with creditors on loan structure, covenants and repayment profile.
  • Debt and capital market access. Sisu Partners advises on raising debt and capital in a diverse range of circumstances.
  • Restructuring advisory on capital structure and strategic alternatives. Potential strategies include for instance refinancing of all or part of the existing debt, debt-to-equity swaps, issuance of ordinary or preference shares, convertible or loan with warrants or mergers, acquisitions or divestitures.

Sisu’s partners have advised family offices, corporations and lenders in several key benchmark debt restructuring transactions in the Finnish market.

Jukka Järvelä

Partner

+358 50 553 8990
jukka.jarvela@sisupartners.com

Jussi Majamaa

Partner

+358 40 842 4479
jussi.majamaa@sisupartners.com

Juha Karttunen

Managing Partner

+358 40 555 4727
juha.karttunen@sisupartners.com

Jori-Pekka Rautalahti

Director

+358 50 382 9323
jori-pekka.rautalahti@sisupartners.com

Aleksanterinkatu 44, 4th floor
FIN-00100 Helsinki, FINLAND
www.sisupartners.com

Sisu Partners provided Fairness Opinion to Yleiselektroniikka Oyj on the acquisition of Machinery Group Oy

6.2.2020

Sisu Partners has provided a Fairness Opinion of the terms of the transaction to Yleiselektroniikka Oyj as the company has signed an agreement to acquire all shares in Machinery Group Oy from Preato Capital AB to create a leading Finnish technical trading group. The cash consideration of the transaction is EUR 18.750 million and the completion of the acquisition is conditional on a resolution of Yleiselektroniikka’s extraordinary general meeting.

The combination of Yleiselektroniikka and Machinery is an important step in creating a stronger trading group of quality industrial products, solutions and services. The combination strengthens the Group’s position especially in Finland. In addition, the company operates in Russia and the Baltic countries. The combined company has more than 300 employees in five countries. The new Group is expected to benefit from larger size, broader offering and sharing best practices. As a result of this acquisition, the new Group is expected to have wider resources to enhance its offering and add value for its customers and principals and be better positioned to invest in future growth.

Read more at Yleiselektroniikka’s press release (in Finnish).

Sisu Partners advised Kiilto on its divestment of Workplace Safety business to Lifco

15.1.2020

Sisu Partners has advised Kiilto as its subsidiary Kiiltoclean A/S signed an agreement to divest the Workplace Safety business to Lifco’s subsidiary Directa AB. The divested business is a leading niche manufacturer of eyewash, plasters and first aid stations used in many different industries. The products are marketed under the brand name Plum. In 2019, the Workplace Safety business reported net sales of approximately 79 MDKK. The operation is based in Assens, Denmark and Cuxhaven, Germany and has ten employees.

Read more at Kiilto home page.

Sisu Partners advises in a merger of IDEAL PLM, Summ Systems and Pro-STEP

6.11.2019

Sisu Partners advised in a merger of IDEAL PLM, Summ Systems and Pro-STEP. Ideal Product Data Oy will merge with Summ Systems and Pro-STEP in a stock-for-stock exchange and the merged business will operate under the IDEAL PLM Group brand. The merged company will become the leading Siemens Digital Industries Software partner in the Nordic region and Baltic countries and its offering to customers includes industry-leading Product Lifecycle Management (PLM), Manufacturing Operations Management (MOM) and Industrial Internet solutions.

IDEAL PLM Group’s objective is to expand in its delivery capabilities and competence areas, as well as to strengthen its competitive edge in new markets and within the customer base. Pro Forma Net Sales for the IDEAL PLM Group was 17 MEUR (2018) and it employs 110 persons in 5 countries.

Read more at IDEAL PLM’s website.

Corporate Finance Internships 2020

5.9.2019

Your role

  • Take on significant responsibility of corporate finance transactions
  • Perform in-depth valuation analyses
  • Construct complex models
  • Undertake market research
  • Produce client presentations
  • Work with leading firms
  • Interact with customers

The position is full-time for at least 5-6 months in Spring and/or Autumn, preferably for a longer period with potential extensions agreed separately. Please clearly state your availability and preference in your application.

The candidate

  • Excellent academic background
  • Strong analytical and numerical skills
  • Exceptional communication and interpersonal skills in English and Finnish
  • Expected graduation in 2021-2023

How to apply

Please send us your application, CV and transcript of records no later than 19 September 2019 to sisu.partners@sisupartners.com.

For any enquiries concerning the positions, please contact either:

Jussi Majamaa, Partner
+358 40 842 4479

or

Olli Kaukonen, Associate
+358 50 544 6720

About Us

Sisu Partners is an independent corporate finance advisory firm founded by well-known & experienced corporate financiers.

Sisu Partners is an independent corporate finance advisory firm founded by well-known & experienced corporate financiers.

The founding partners can draw from vast experience of more than 300 completed transactions, many of them cross-border deals. The size range has been from some tens of millions to the largest deals in the Finnish corporate history, some of which have been public takeovers.

We are a member of the international MidCap Alliance corporate finance network, which complements our cross-border transaction offering with international industry expertise and key relationships.

See our references ›

Sisu Partners advises Kesko on acquisition of Heinon Tukku Oy

7.5.2019

Kesko has agreed to acquire the foodservice wholesaler Heinon Tukku Oy from the family-owned company Tukkuheino Oy and private individuals. The transaction enables Kesko to execute its growth strategy and increase its offering in the growing foodservice market. The acquisition is subject to approval by the Finnish Competition and Consumer Authority and the fulfilment of the other terms and conditions of the transaction. The transaction is expected to be completed during 2019.

Heinon Tukku has some 450 employees and is one of the leading foodservice market operators in the greater Helsinki region. In 2018, the combined net sales of Heinon Tukku and Kalavapriikki Oy, a company specialising in fish processing, amounted to €264 million and comparable pro forma operating profit to €10.0 million, taking into account the impact of properties acquired. Kesko will also assume ownership of Kalavapriikki Oy and the delivery and cash & carry outlet properties in Espoo, Helsinki, Kuopio and Vantaa.

Read more at Kesko home page.

Sisu Partners advised Kesko on its divestment of Onninen AB’s HEPAC business segment

12.3.2019

Sisu Partners has advised Kesko on its divestment of Onninen AB’s HEPAC business segment to a listed Danish company Solar A/S. The segment serves mostly SME contractor clients in Sweden and its net sales totalled €70 million in 2018. The transaction allows Kesko to focus on building-related B2C and B2B trade and the infrastructure business in technical trade in Sweden.

Read more at Kesko home page.

Corporate Finance Internships 2019-2020

13.2.2019

Your role

  • Take on significant responsibility of corporate finance transactions
  • Perform in-depth valuation analyses
  • Construct complex models
  • Undertake market research
  • Produce client presentations
  • Work with leading firms
  • Interact with customers

The position is full-time for at least 5-6 months in Autumn and/or Spring, preferably for a longer period with potential extensions agreed separately. Please clearly state your availability and preference in your application.

The candidate

  • Excellent academic background
  • Strong analytical and numerical skills
  • Exceptional communication and interpersonal skills in English and Finnish
  • Expected graduation in 2020-2022

How to apply

Please send us your application, CV and transcript of records no later than 1 March 2019 to sisu.partners@sisupartners.com.

For any enquiries concerning the positions, please contact either:

Jussi Majamaa, Partner
+358 40 842 4479

or

Olli Kaukonen, Associate
+358 50 544 6720

About Us

Sisu Partners is an independent corporate finance advisory firm founded by well-known & experienced corporate financiers.

We provide advisory services in full range of transactions, including M&A, debt and equity financing and special situations for businesses, private investors, lenders, government agencies, private individuals and families.

The founding partners can draw from vast experience of more than 300 completed transactions, many of them cross-border deals. The size range has been from some tens of millions to the largest deals in the Finnish corporate history, some of which have been public takeovers.

We are a member of the international MidCap Alliance corporate finance network, which complements our cross-border transaction offering with international industry expertise and key relationships.

See our references ›

Corporate Finance Analyst / Associate

29.6.2018

We are now looking for a Corporate Finance Analyst / Associate to join our team at Sisu Partners. As a member of our team, you will play an important role in taking responsibility and ownership of analyzing and valuing companies, as well as drafting and preparing project and marketing materials. You will be given a high level of responsibility and client access. We offer a challenging and team-driven working environment, with room for individual growth.

 

THE ROLE

  • Take on significant responsibility of corporate finance transactions
  • Perform in-depth valuation analyses
  • Construct complex models
  • Undertake market research
  • Produce client presentations
  • Work with leading firms
  • Interact with customers

The position is a full-time permanent position. You will be working in a highly dynamic environment alongside with experienced Partners and other team members.

THE CANDIDATE

  • You have preferably 0.5-3 years of relevant experience in investment banking, private equity, management consulting or a similar role
  • A team player with strong drive and proactively takes initiative
  • Excellent academic background
  • Strong analytical and numerical skills
  • Detail oriented and ability to deal with multiple projects simultaneously
  • Strong ambition to be successful as well as willingness and ability to quickly learn new tasks
  • Exceptional communication and interpersonal skills in Finnish and English, Swedish is seen as an advantage

HOW TO APPLY

Please send us your application, CV and academic transcript describing yourself and how you can contribute to Sisu Partners no later than 12th August 2018 to sisu.partners@sisupartners.com.

ABOUT US

Sisu Partners is an independent corporate finance advisory firm founded by four well-known and experienced corporate financiers.

We provide advisory services in full range of transactions, including M&A, debt and equity financing and special situations for businesses, private investors, lenders, government agencies, private individuals and families.

The founding partners can draw from vast experience of more than 300 completed transactions, many of them cross-border deals. The size range has been from some tens of millions to the largest deals in the Finnish corporate history, some of which have been public takeovers.

We are a member of the international Midcap Alliance corporate finance network, which complements our cross-border transaction offering with international industry expertise and key relationships.

See our references ›