Investments in funds - 2017-4-3
Finnish private equity company Sentica Partners has raised its new Sentica Buyout V fund, which was closed at its 185 million euros hard cap. The fund is Sentica’s fourth buyout fund and like its predecessors, it focuses on developing Finnish lower mid-market companies.
The new fund’s investors comprise to a large extent of Sentica’s current investors, Finnish institutional investors and European fund of funds, such as Akina Partners, Finnish Industry Investment (including FoF Growth), Elo Mutual Pension Insurance, Ilmarinen Mutual Pension Insurance Company, Etera Mutual Pension Insurance Company and European Investment Fund. New investors include for instance Access Capital Partners, Rothschild and LähiTapiola. The share of foreign investors is 45 percent.
"We are extremely satisfied with our investor base and grateful for their long-term and active co-operation with us. Our new fund raised a lot of interest among investors. We are pleased to be able to invite also new very reputable investors on board", describes Sentica’s Investment Director and Head of IR Liisa Harjula.
Sentica focuses on actively developing and supporting Finnish small and medium-sized companies together with entrepreneurs and management teams. Typically, the companies’ sales are 10-100 million euros at the time of Sentica’s entry. "At Sentica, we want to take part in creating growth stories. We emphasize teaming up with entrepreneurs and management teams. We often join forces with genuine challenger companies, which strengths lie in their employees and their passion towards their own work. Our role is to support them in their work and remove barriers of growth during the journey. We will continue this work with our new fund", states Sentica’s CEO Mika Uotila.
Sentica’s most recent distinguished success stories have been healthcare company Pihlajalinna, fast casual restaurant chain Kotipizza and low-cost retail store chain Puuilo. Sentica is renowned also for its active role in the capital markets. Sentica has successfully listed its portfolio companies to the main list of the Helsinki stock exchange, and has been the pioneering private equity company in Finland to utilize bonds in its companies’ financing structures.
Sentica Partners Oy
Mika Uotila, CEO
tel: +358 40 553 6110
Liisa Harjula, Investment Director & IR
tel: +358 40 506 2295
Sentica Partners – "We believe that better businesses are built by combining passion, people and resources"
Sentica is an independent private equity company focusing on actively developing and supporting Finnish small and medium-sized companies. The funds under Sentica’s management amount to some EUR 480 million with fund investors consisting of Finnish institutional investors and high quality European fund of funds. In 2016 Sentica was awarded the Best Nordic LBO Fund award in the international Private Equity Exchange & Awards event. Sentica’s 15 portfolio companies employed nearly 4 000 employees and their combined turnover surpassed 600 million euros in 2016.