Intera invests in Porvoon Huoltomiehet
Finnish buyout firm Intera Partners has invested in Porvoon Huoltomiehet Group, a Finland-based provider of property maintenance services.
Intera is currently investing from its third fund, a €250m vehicle that targets investments in Finnish companies with an enterprise value of €20-80m.
Under its new ownership model, Porvoon Huoltomiehet will undertake a nationwide acquisitive growth strategy as it aims to increase its revenues from around €40m to around €100m.
Company
Headquartered in Porvoo, southern Finland, Porvoon Huoltomiehet provides property maintenance services. The company has a headcount of around 500 and operates out of two depots.
People
Intera Partners – Janne Näränen (partner).
Porvoon Huoltomiehet Group – Mika Uusi-Simola, Ville Rantala (co-founders).
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