
Vaaka sells Enegia to state-owned Gasum
Finnish buyout firm Vaaka Partners has sold its Finland-based portfolio company Enegia Group, which provides services to energy companies, industrials and the public sector, to state-owned Gasum.
The sale covers the shareholdings of Enegia Consulting, Enegia Portfolio Services and IntStream, which form Enegia's energy market services business.
Vaaka acquired a majority stake in the business in 2014. The GP completed a first bolt-on with the acquisition of Espoo-based IntStream in 2016, which complemented the group's offering by adding a software product suite to its current energy management services.
Under Gasum's new ownership, Enegia will expand its service to current customers and grow geographically, as well as by launching new services in the Nordic gas market.
Previous funding
Vaaka Partners acquired a majority stake in Enegia Group from Midinvest in 2014, via Vaaka Partners Buyout Fund II.
Company
Founded in 1995 and headquartered in Jyväskylä, Finland, Enegia Group provides a range of services in the energy market. It offers services related to the procurement, sale and efficient use of energy for enterprises, property owners, houses, energy companies and the public sector in the Nordic and Baltic regions.
The company was formerly known as Energiakolmio and operates additional offices in Stockholm, Sweden, Estonia and Germany. Enegia employs a staff of 35.
People
Vaaka Partners – Ilkka Hietala (partner).
Enegia Group – Kalle Ahlstedt (managing director).
Gasum – Johanna Lamminen (CEO).
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