We offer capital, business expertise and international networks to growth-oriented and growth-capable companies. We always invest together with private investors and on the same terms as them.
We invest directly in companies in their growth, internationalising and restructuring phases. A company’s capital needs include:
Pursuing a growth strategy generally demands long-term risk-taking and the division of risks among a number of owners. We are a minority shareholder, in other words we invest at most half of the total sum invested. Similarly, our holding in a portfolio company can be at most 50%. Our co-investors are typically Finnish and foreign private equity and venture capital companies, pension funds, industrial investors and also private investors.
We invest in companies that seek to grow and to expand internationally, and therefore have the potential to increase shareholder value. We prioritise Finnish firms or companies operating in Finland, but we may also invest in foreign companies if the capital is used for business development in Finland.
In addition, we run investment programmes that focus investments on specified strategic objectives selected according to market conditions. The focus areas currently selected are the bio-based economy, cleantech, industrial digitalisation and healthcare sectors.
Venture capital investments focus on companies with strong international growth potential. Such investments are mostly made in technology companies, or companies applying technology, that have a scalable business model, a skilled team and high growth targets. The company has already in the investment phase proven the business model and a significant capitalisation is used to lift its business operations to the next level.
We typically participate in financing rounds with a total size of €3m to €25m or more, with our investment ranging between €1.5m and €5m. The investments are always made together with private investors, mainly with Finnish and international venture capital funds. We invest in different industry sectors, our strategic priorities being ICT, industrial digitalisation, health technologies and cleantech.
Our team members have solid experience of investing in growth companies, board work and creating value in their investments. We are a recognised player with a good reputation in the Finnish venture capital sector. We can assist portfolio companies also in raising follow-on financing through our extensive international network.
We invest in companies that are pursuing international growth or expanding their operations in Finland. We are also looking for investment opportunities in ownership arrangements that support the growth and internationalisation of our portfolio companies. High on our list of investment criteria are a credible growth plan, skilled management team and the knowhow needed for implementing a value creation plan in the Board of Directors and with co-investors.
Our co-investors are typically Finnish and international private equity and venture capital funds, pension companies, and other institutional and private investors. Typically, portfolio companies generate net sales of between €15m and €300m, and the size of our investment ranges between €5m and €20m. Our portfolio companies already have a track record of profitable and growing business operations.
We investigate opportunities for investing in all growth-seeking companies that meet our investment criteria, regardless of which industry sector they operate in. We are particularly interested in companies that are developing new business or service models through digitalisation, while our strategic objectives are the cleantech, the bioeconomy and health technology sectors.
Our team has a long and diversified experience of investing, creating value in many different sectors and board work, as well as of providing advice and consultancy services supporting all investment activities.
Industrial investments are mainly focused on financing industrial enterprises, industrial investments and mergers & acquisitions (M&As). Industrial investments are closely aligned with Finland’s interests and are used to finance companies with industrial operations as well as investments in new plants, new equipment and expansion projects. Financing packages for M&As are often created to build larger and internationally stronger corporate entities.
After the investment, we participate in business development alongside our private co-investors, mainly via board activities and strategy work.
Typically, portfolio companies' net sales are over €100m, and they enjoy strong international growth. The size of our investment generally ranges between €5m and €20m.
We investigate opportunities for investing in companies regardless of which industry sector they operate in. We are interested in industrial enterprises seeking international growth that are implementing and planning new investments or larger-scale M&As in Finland or abroad.
Our team members have solid and diversified experience of investing, board work and creating value in many different sectors, as well as of providing advice and consultancy services supporting all investment activities. Our sector expertise includes specialised knowhow in telecoms, marine industries and the mining cluster.