Finnish firms backed up by a PE investor

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Finnish firms backed up by a PE investor

The desire and ability to grow is what these companies have in common. Pia Santavirta, the managing director of the Finnish Venture Capital Association, said that this list includes domestic market leaders and international growth rockets.

There were 44 potential listing candidates who were added to the list of PE investors. There were a majority of the companies that were ICT-companies or products and services targeted to businesses.

The list of potential listing candidates has companies from all stages of growth this year. The revenue category of less than five million includes Happeo, which offers digital work environments and raised a funding round of 25 million during the summer. The over one hundred million category includes the small house manufacturer Den Finland, which exceeded its sales target last year.

Juhana Kallio, a partner and CEO of Intera Partners, considers the stock market a good direction in the growth path of Finnish companies, even though the uncertainty of the world reflects on the economy.

He comments that the stock market is still interesting, and we are developing our companies' listing strategies as usual.

PE investors are always looking to grow the value of the companies they own. The ownership comes to an end usually after 3 7 years. Common means of selling shares to another PE investor, an industrial acquisition or stock market listing are some of the ways that can be done in different ways.

Half of the companies listed on the Helsinki Stock Exchange are backed up by a PE investor.

Between 2015 and 2021, half of the companies listed on the Helsinki Stock Exchange have a PE investor behind them. It was a record-breaking year for IPOs in 2021. Since five out of the eight companies that entered the main list had a PE investor in the background, PE investors were visible in the listings.

Puuilo was listed last year as a good example of company growth. The company was started as a family business and grew and was listed on the Helsinki Stock Exchange with the help of two PE investors, Sentica and Adelis Equity Partners.

The rise of Finnish material technology was apparent in the listings last year. Spinnova, which is reforming the textile industry, and Betolar, which builds a more ecological alternative to concrete, were both listed on the Nasdaq First North list. Both companies are supported by the PE investor Spinnova by Maki.vc and Betolar by Voima ventures.

This year's listing pace is more moderate: four companies have entered the main list of different mergers and acquisitions, and five new companies have been listed on the Nasdaq First North growth market. Nordic Lights is one of the companies listed on the First North that is backed up by Sponsor Capital.

There are several active listing projects waiting for the right time, despite the challenging market situation. Companies, advisors and investors have found Nasdaq Nordic First North Growth Market, which has risen to the number one position in the statistics of European Growth Markets, overtaking London's AIM, both in terms of amount of capital raised and number of listings. Henrik Husman, President of Nasdaq Helsinki, says it is pleasing to see the increased interest of retail investors in the new listed companies and their active participation in the trading on the platform.