Folmer exits Jatkopolut to Familar

Folmer sold the company to Familiar, a subsidiary of Mehiläinen, a provider of private healthcare and social services in Finland backed by Triton and KKR. Familar employs 1,000 child-welfare service professionals in 60 service units across Finland.

Under its new ownership, Jatkopolut intends to continue its work in collaboration with the nationwide network of Familar.

Previous funding
Folmer acquired a 75% stake in the company in April 2014. The deal was funded by Folmer Equity I, a €31m small- and mid-cap vehicle raised in 2010.  This acquisition was the fund's fourth, after three deals were completed in 2011.

Company
Founded in 2007 and headquartered in Kuopio, Finland, Jatkopolut is a provider of open and residential care in the region of eastern Finland. It also offers support measures in open care, placement as a support measure in open care and family work. Jatkopolut employs 80 child-welfare service professionals and posted revenues of €5m in 2017.

People
Folmer Management – Sami Tuominen (partner, management director).
Jatkopolut –Tommi Holopainen (head of open care); Tommi Laitinen (head of residential care).

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• Topics
• Exits
• Portfolio management
• Nordics
• Healthcare
• Finland
• KKR
• Triton Partners
• Trade sale
• Build-up