Category: blog

Edita Group Plc divests its subsidiary Edita Prima Oy, focused on customer communications services, to a fund managed by CapMan Special Situations. CapMan Special Situations aims to accelerate the company’s business development as the industry transformation progresses. In connection with the transaction, Edita Prima’s management will also become shareholders of the company. The purchase agreement has been signed on 28 October 2024. The transaction is subject to approval by the Finnish Competition and Consumer Authority.

Sisu acted as financial advisor to Edita Group in the transaction.

Integrata has received a significant growth investment on 15.8.2024 in a transaction agreed with MAM Growth Equity. The growth investment supports Integrata’s geographical expansion and development of its technological solutions.

Integrata is an HR and payroll management service provider founded in 2008. The company supports its customers to focus on core operations with the help of its experts, automation and analytics solutions. Integrata is a fast-growing company, showcased by a net sales CAGR of over 25 percent during 2020-2023. Sisu Partners acted as the financial adviser to Integrata.

Korkia Consulting Oy has sold its sustainability-focused management consulting business to the European management and technology consulting company BearingPoint.

For several years now Korkia’s strategic focus has been to grow the renewable energy business. The transaction with BearingPoint further strengthens this strategic choice and at the same time offers the consulting business unit the best opportunities and resources to grow. With the acquisition, the consulting business will be relocated to BearingPoint as of the 1^st of March 2023. The experienced team of sustainability experts will complement BearingPoint’s offering in the fields of renewable energy, resource-wise industry and sustainable transport.

BearingPoint is an independent management and technology consultancy with European roots and a global reach.

Adelis Equity and Avidly announced on 12 July 2022 that they had entered into a combination agreement pursuant to which Adelis Equity undertook to make a voluntary recommended public cash tender offer for all issued and outstanding shares and special rights in Avidly.

The tender offer document is available in electronic format from 25 July 2022 onwards online in Finnish at https://investors.avidlyagency.com/adelis and in English at https://investors.avidlyagency.com/en/adelis/.

The price offered to Avidly’s shareholders is EUR 5.50 in cash for each issued and outstanding share in Avidly. The price offered for each issued and outstanding special right granted to certain members of Avidly’s management team under its share-based long-term incentive plan is EUR 5.49 in cash for each special right.

Sisu Partners acted as financial advisor for Efecte Oyj in the public tender offer of InteliWISE S.A., a Polish conversational artificial intelligence (AI) company listed on the NewConnect marketplace.

At the end of the acceptance period on 29 June 2022, Efecte received irrevocable subscriptions for an aggregate amount of 6 175 244 shares, which represents 90.03 percent of the shares and votes in InteliWISE. Efecte deemed this a sufficient result to be able to complete the transaction successfully and settled the offer for the irrevocable subscriptions it received by the end of the initial acceptance period.

Mintly has received a significant development and growth input in a share transaction concluded on February 22nd with MB Funds. As a result of the acquisition MB Funds will become the main owner of Mintly, with the current owners retaining a significant stake in the company.

Mintly, founded in 2017, is a Finnish independent IT networking- and information security company, whose expertise in network security, IT networks and infrastructure is reputed as the best in the market. Mintly has grown fast and established its position as a trusted and secure partner for large corporations and public administration organizations.

Sisu Partners advised the owners of Mintly Oy in the transaction.

Normi Group has entered an agreement, by which the majority ownership in all the Normi companies is transferred to the Swedish family-owned group Söderbergföretagen J AB. Current key management will remain to carry forth the business development after the acquisition, and they continue as minority shareholders. Söderbergföretagen is the parent company of Blinkfyrar, Sweden’s largest road sign manufacturer and industry-leading supplier of traffic safety solutions.

Normi Group has a €30 million turnover and consists of four separate companies; Normiopaste is Finland’s leading provider of traffic guidance and safety products, also specialising in construction and manufacturing. Normivalaistus is focused on building better infrastructure with the latest technology innovations and operates as the main contractor in various ITS projects. Normilouhinta carries out rock excavation and blasting when it comes to projects regarding infrastructure. Varala Engineering are strategy consultants with a wide-ranged experience in domestic and international solutions for intelligent transport.

Read more in the press release

Inderes Oyj has completed its Initial Public Offering (IPO) and listed its shares to Nasdaq First North Growth Market Finland. Sisu Partners acted as the company’s Financial Adviser and Certified Adviser in the project, and continues as Inderes Oyj’s Certified Adviser.

Yara Suomi Oy has agreed to purchase Ecolan Oy, a circular economy company producing fertilizers from recycled materials. Yara aims to participate in climate neutral food production together with farmers and the food industry by offering sustainable solutions, tools and know-how for sustainable agriculture. Recycled nutrients are one part of the nutrition solutions of the future, and Yara’s strategic objective is to expand its offering to the growing bio-segment.

“We have had good ongoing cooperation with Ecolan, and now we are able to combine the knowledge of Ecolan and Yara in order to develop recycled fertilizers even further. The objective is to offer recycled fertilizers also beyond Finland in the European markets”, states Timo Räsänen, Director Specialty Products at Yara Suomi Oy

Sisu Partners acted as the financial adviser for Palvelurahasto I Ky, a fund advised by Korona Invest.

“Sisu Partners provided high-quality advisory services with a customer-centric and goal-oriented approach. Sisu’s professional team appreciated our wishes and expectations, showing resilience and perseverance during the different phases in the multifaceted sale process. We were able to reach a satisfying result with the help of Sisu Partners, and Ecolan will get a good owner to support the future growth and development of the business”, says Vesa Lehtomäki, Chairman of the Board at Korona Invest.

Read more in the press release published by Ecolan (in Finnish).

Intera Partners joins Midagon as new growth partner and shareholder and will continue to build Midagon’s growth story together with management and personnel.

Sisu Partners acted as financial advisor to the owners of Midagon in the transaction.