Vaaka Partners

Vaaka Partners Oy is a private equity firm based in Helsinki, Finland, established in 1989. The firm focuses on growth capital and investments in small to lower mid-market buyouts. It specializes in various financing strategies, including management buyouts, bridge financing, and co-investments. Vaaka Partners targets sectors such as healthcare, software as a service (SaaS), manufacturing, information technology, and business products and services, aiming to support the growth and development of companies within these industries.

Olli Autio

Associate

Petrus Blomqvist

Partner

Edward Enckell

Investment Manager

Reijo Gronholm

Partner

Juha Kangas

CFO

Philip Kaustinen

Investment Manager

Jesper Kontinen

Investment Manager

Ville Koskenvuo

Partner

Jarkko Murtoaro

Partner

Juha Peltola

Managing Partner

Ilkka Pentikainen

Partner

Rasmus Romppanen

Associate

Antti Salmela

Partner

Emma Salmela

Investment Manager

Tuomas Siponen

Partner

Ville Vilkuna

Investment Manager

23 past transactions

Bolt.Works

Acquisition in 2022
Bolt.Works Oy is a technology company focused on transforming staffing in heavy industries such as construction, manufacturing, logistics, and property maintenance. Recently, the company expanded its services to include staffing for the HoReCa sector. Bolt.Works operates a staffing platform that efficiently connects employers with employees, facilitating quick and flexible workforce solutions. The platform supports laborers and job seekers by keeping them informed about job placements and enhancing their visibility in a competitive job market. Based in Finland, Bolt.Works is also planning to extend its operations to additional countries in the near future.

Medbase

Private Equity Round in 2022
Medbase is a company, formed by experts in pharmacotherapy, which produces medical decision support databases for healthcare professionals to safeguard effective and safe clinical use of drugs. Also, patient versions for selected databases are available.

AINS Group

Acquisition in 2020
AINS Group is an open-minded construction design and consultancy firm that helps clients succeed in property and construction projects. In addition to the end result, the road to it is important to AINS Group. Things are done together and better, while challenging the entire industry to modernize. A creative and trusted group of almost 800 experts works on construction management, structural engineering and infrastructure construction projects in 12 offices in Finland and internationally. Well known references include the Tampere Road Tunnel, Naantali CHP power plant, Oulu University Hospital and Kuopio University Hospital.

Molok

Acquisition in 2016
Molok specializes in manufacturing waste collection and disposal containers designed for urban environments. The company's products enhance the sorting, recycling, and collection of waste, providing clients with a convenient and effective waste management solution. By focusing on modern design and functionality, Molok aims to improve urban waste management practices, facilitating better recycling and sustainability efforts.

Tietokeskus

Acquisition in 2016
Tietokeskus is an IT infrastructure services provider catering to both public and private sector clients, including municipalities, schools, healthcare districts, and universities. Established in the early 1980s, the company originally focused on importing computer games and equipment but quickly recognized a demand for broader IT services. Tietokeskus offers a range of solutions, including computer systems, servers, data centers, video surveillance, smart boards, and data recovery, allowing clients to effectively adopt new technologies while managing costs. The company's net sales grew significantly, reaching €37 million by 2016, with an ambitious goal to expand to €100 million by 2020 through both organic growth and acquisitions.

LTP Logistics

Acquisition in 2016
LTP Logistics Oy, founded in 2010 and based in Vantaa, Finland, specializes in food logistics services. The company provides comprehensive solutions for the order-delivery chain, including storage, transmission, and transportation of temperature-sensitive products across Finland. LTP Logistics focuses on maintaining specific temperature ranges from 0 °C to 3 °C for various food items, which include meat, processed meat, convenience foods, bakery goods, fish, and dairy products.

Unisport Scandinavia

Acquisition in 2015
Unisport Scandinavia AB specializes in the manufacture and marketing of athletic flooring and synthetic grass. The company offers a diverse range of products, including sports flooring for various disciplines, synthetic grass suitable for football, golf, and landscaping, as well as an extensive selection of spectator seating and foldable tribunes for sports facilities. Unisport aims to provide quality solutions that meet the needs of clients in the sports sector, ensuring the availability of essential products for both professional and local sports environments.

Kh-Kiinteistöpalvelut

Acquisition in 2015
Kh-Kiinteistöpalvelut operates as a property maintenance and services group. Kh-real estate services are formed from small local units of real estate services group of companies, which has a strong position in the condominium property services in the metropolitan area.

Enegia Group

Acquisition in 2014
Enegia Group is an independent company in the Baltic Sea region specialising in the energy market. We offer services related to the procurement, sale and efficient use of energy for enterprises, property owners, energy companies and the public sector in Finland and Sweden, as well as in the Baltic Sea region.

Sataservice

Acquisition in 2014
Sataservice Oy is an industrial maintenance service provider based in Rauma, Finland, established in 2003. The company specializes in maintenance, equipment modernization, and machining services aimed at enhancing production, energy efficiency, and occupational safety for various industries. Its offerings include automation and electrical system repairs, mechanical servicing, motor installations, and condition monitoring. Sataservice also modernizes harbor cranes, dock cranes, and other industrial equipment, upgrading them with contemporary controls and safety features. Additionally, the company provides machine tooling and planning services, addressing the needs of technology operators across different sectors, including food, marine, and engineering industries. Sataservice caters to a diverse clientele, ranging from large corporations to small and medium-sized enterprises. As of June 2018, Sataservice operates as a subsidiary of Quant Finland Oy.

Solita

Private Equity Round in 2013
Solita is a digital transformation company that focuses on leveraging data and human insight to enhance businesses and society. Established in 1996, the company offers a wide array of services including strategic consulting, service design, digital development, data analytics, artificial intelligence, and managed cloud services. With a workforce of 700 digital business specialists, Solita operates in multiple locations including Helsinki, Tampere, Oulu, Turku, Lahti, Stockholm, and Tallinn. The company aims to help corporate and public sector clients reinvent their operations and improve societal outcomes through innovative and effective solutions.

Ovenia

Private Equity Round in 2011
The Ovenia Group is Finland’s leading provider of asset, property and facility management services. The group consists of mother company Ovenia Group Ltd, facility management company Ovenia Ltd, property management company Ovenia Isännöinti Ltd as well as real estate consultancy Realprojekti Ltd, which specializes in shopping centres and development projects. Ovenia’s comprehensive service offering covers all sub-areas of real estate asset management and property management. Ovenia has four key strategic business areas: commercial real estate management, business premises management, residential property management and housing services. Ovenia’s main services are leasing (commercial and office premises), property development, shopping centre management, construction and property management services, housing, real estate financial administration and business premises facility management (incl. business parks). With over 30 years of experience in business and commercial premises and over 70 years of experience in residential management, Ovenia is the leading company in its field in Finland. In recognition of its work, Ovenia was the first company in Finland to receive ISO 9001 certification for property management. The Ovenia Group administers a property portfolio amounting to over 10 million square meters across Finland and the Group’s turnover for 2015 was approximately €48 million. The company employs over 500 property professionals in 23 locations.

Nesco

Acquisition in 2011
Nesco Oy, operating under the brand name Vesivek, is a Finnish manufacturer specializing in rainwater systems and roof safety products. Established in 1981 and headquartered in Orimattila, Finland, the company focuses on providing high-quality solutions for professional customers, including the manufacturing and installation of roofing sheets. In 2016, Nesco Oy became a subsidiary of Hämeen Laaturemontti Oy, further enhancing its capabilities in the roofing and construction sector.

Musti ja Mirri Oy

Acquisition in 2010
Musti ja Mirri Group (MMG) is the leading pet specialty retailer in Nordic countries. MMG’s product assortment comprises a complete range of pet supplies and accessories related to the pets’ well-being as well as pet foods. The chain has 127 stores in Finland and Sweden. MMG generated turnover of EUR 81 million in the year to September 2014 with 500 employees.

Renewa

Acquisition in 2008
Renewa Oy provides combustion solutions for local energy production using biofuels in heat and power plants. It offers bubbling fluidized bed, pellet, grate, and oil and gas boilers. The company also provides services, such as boiler retrofits and renewals, boiler repairs, and life cycle management. In addition, it offers heat and electricity production, and industry solutions. Renewa Oy was founded in 2008 and is based in Vantaa, Finland with additional office locations in Vantaa, Pirkkala, Oulu, and Lapua, Finland; and Paris, France.

Reima

Acquisition in 2008
Reima, which was founded in 1944, is a leading Nordic children’s functional clothing brand. The company employs about 220 people and had sales of €74.5m in 2015. The company’s products are sold in 30 countries across three continents.

Viafin Oy

Private Equity Round in 2006
Viafin Oy is a Finnish company specializing in the development and manufacturing of pulp towers, pressure vessels, and industrial piping assemblies. Established in 2006 and headquartered in Espoo, Finland, with additional offices in Lappeenranta, Teuva, and Kurikka, the company provides a range of products including heat exchangers, LNG storage tanks, large storage tanks, digesters, reactors, and various piping assemblies tailored for the engineering sector. Viafin Oy also offers design and manufacturing services, along with installation and maintenance for clients in the forest, energy, chemical, and metal industries. The company serves leading suppliers of production systems and customers primarily in the energy, pulp and paper, and mining sectors, and has expanded its operations to Sweden and Estonia.
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