Vaaka Partners

Vaaka Partners Oy is a Finnish private equity firm established in 1989, specializing in mid-market investments. The firm focuses on providing growth capital, bridge financing, co-investment opportunities, and management buyouts, primarily targeting consumer and technology companies across Europe. With a commitment to fostering the development of its portfolio companies, Vaaka Partners aims to drive sustainable growth and create value through strategic investments.

Petrus Blomqvist

Investment Director

Edward Enckell

Associate

Reijo Grönholm

Partner

Ilkka Hietala

Partner

Antti Hovi

Investment Director

Pontus Juntunen

Investment Director

Juha Kangas

CFO

Päivi Kangasmäki

Investment Manager

Philip Kaustinen

Associate

Jesper Kontinen

Associate

Ville Koskenvuo

Partner

Pipsa Loimijoki

Investment Manager

Lotta Martikainen

Investment Manager

Jarkko Murtoaro

Partner

Juha Peltola

Managing Partner

Ilkka Pentikäinen

Partner

Antti Pirskanen

Investment Director

Antti Salmela

Partner

Emma Salmela

Associate

Tuomas Siponen

Partner

Timo Tilli

Investment Manager

Erkki Vesola

Investment Manager

Past deals in Finland

Bolt.Works

Secondary Market in 2022
Bolt.Works Oy is a (proptech) technology company revolutionizing staffing in heavy industries (construction, manufacturing, logistics). Recently company opened operations in HoReCa staffing. Company is operating in Finland and plans to open new countries in near future (2021-2022).

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

Seed Round in 2021
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.

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.

Staria

Acquisition in 2020
Staria is a service company that provides information systems and financial services as complete solutions. They excel in demanding situations such as mergers and acquisitions and they specialize in providing timely BI information. If you are looking for exceptional service and international level of competence, you have come to the right place. Staria is a service company specializing in complete solutions of information systems and financial services. They exceed the industry standards both in level of service and the results provided. They are the right partner for large and medium-sized enterprises, who need more service and expertise than a regular accounting firm can provide. They offer an end-to-end scale of services from system deliveries to processing journal entries, and to highly developed business intelligence services. Please see their service areas below. By combining them they can offer every client a customized package that suits their wants and needs, in the spirit of True Partnership.

Nordic Healthcare Group

Acquisition in 2018
Nordic Healthcare Group Oy is a knowledge service provider specializing in the analysis, planning, and development of services within the healthcare and social welfare sectors. Established in 2004 and headquartered in Helsinki, Finland, with additional offices in Stockholm and Oulu, the company offers a range of consulting services that include developing service processes, logistics, financial management, and governance. Nordic Healthcare Group also provides benchmarking services to assess productivity, quality, resource utilization, and costs in various healthcare settings, as well as auditing services that cover clinical evaluations and management systems. With a team of over 100 professionals, the company serves a diverse clientele including hospital districts, municipalities, private medical centers, and organizations focused on healthcare ICT and technologies across Finland, Sweden, and Denmark. Its approach integrates analytics and data skills with user-oriented service design to help clients create effective and affordable health and social services for the future.

Framery

Acquisition in 2018
Framery Oy manufactures and develops soundproof private spaces and pods that enable and reinforce happiness in workplaces. The company was founded in 2010 and is based in Tampere, Finland.

Jungle Juice Bar

Acquisition in 2017
Jungle Juice Bar operates as a juice and smoothie bar chain. Jungle Juice Bar currently has 21 sites in nine cities in Finland.

Molok

Acquisition in 2016
Molok Oy provides waste collection systems. It offers deep collection systems, basic containers, lifting containers, BioSystem, and CityScape. The company also provides various Accessories, such as battery boxes and lid locking. Its products are used in urban housing areas, single family houses, rural areas, parks, parking areas, and hospitals. Molok Oy was founded in 1991 and is based in Nokia, Finland.

Tietokeskus

Acquisition in 2016
Tietokeskus, an IT infrastructure services provider to the public and private sector. Tietokeskus’s net sales increased by 42 per cent to €37m from 2015 to 2016, and the business aims to take this to €100m by 2020 through organic growth and acquisitions. Datacenter story begins in the early 1980s, when the US exchange student years spent Petri Lehmuskoski brought his return from overseas business idea. He wanted to take to import computer games and computers, among other things, the character and founded with his father Toptronics Oy. Due to the strong demand was experienced pressure to open up admission in addition to retail sales. 1984 was opened retail in the then Merchant Store Henrik on University street. Henriksen experience with Petri and Timo father recognized market space targeted at enterprises PC-trade.

LTP Logistics

Acquisition in 2016
LTP Logistics Oy, established in 2010 and headquartered in Vantaa, Finland, specializes in food logistics services, focusing on the transportation of fresh, frozen, and refrigerated products. The company offers a range of services that include storage, transmission, and transportation throughout Finland, operating within a temperature range of 0 °C to 3 °C. LTP Logistics caters to various food categories, such as meat, processed meat, convenience food, bakery items, fish, and dairy products. By consolidating supplies from multiple producers, the company efficiently manages the flow of food commodities, supporting small and medium-sized food producers in enhancing their supply chain capabilities and distributing products to the retail network.

Unisport Scandinavia

Acquisition in 2015
Unisport Scandinavia AB manufactures and markets athletic flooring and astroturf. The company markets and sells sports flooring, synthetic grass for football, golf and landscaping, and it has a wide range of spectator seating and foldable tribunes for sports facilities.

Fysios

Acquisition in 2015
Seven Physiotherapy Companies in Finland represents the combined operations of Eurofysio Oy, Fysiokeskus Oy Savonlinna, Fysiosporttis Oy, Imatran Fysioteekki Oy, Fysioterapiapalvelut Kuntofysio Oy, OMT-klinikka Oy, and Turun Ortopedinen Kuntotalo Apex Oy in their sale to Vaaka Partners Oy. Seven Physiotherapy Companies provide physiotherapy services. The companies are based in Finland.

Kotikatu Oy

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.

Solita

Private Equity Round in 2013
Solita is a digital transformation company driven by data and human insight. They create culture, services and tech solutions that help us reinvent businesses and society for the better. Their services range from strategic consulting to service design, digital development, data, AI & analytics and managed cloud services. The net sales (pro forma) of the company amount to EUR 76 million in 2017. Established in 1996, Solita employs 700 digital business specialists in Helsinki, Tampere, Oulu, Turku, Lahti, Stockholm and Tallinn.

Produal

Acquisition in 2012
Produal Oy develops and manufactures measurement and control devices for the HVAC sector. It offers frost protection and fire alarm thermostats; air velocity, concentration, differential pressure, humidity, illumination, and water pressure transmitters, as well as smoke detectors; and electric power controllers.

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, specializes in the manufacturing of rainwater systems and roof safety products in Finland. Established in 1981, the company is headquartered in Orimattila. Since February 2016, Nesco Oy has functioned as a subsidiary of Hämeen Laaturemontti Oy, enhancing its capabilities and market reach within the construction and roofing sectors.

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.

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.

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.

Viafin Oy

Private Equity Round in 2006
Viafin Oy is specialises in the manufacturing of pulp towers, pressure vessels and industrial piping assemblies. Viafin manufactures massagers, pressure vessels and industrial piping. We serve the world's leading suppliers of production systems and customers in the energy, forestry and mining industries. Our high quality metal industry expertise is based on decades of development and experience, trained personnel, co-operative capability and the management of numerous standards in the industry.