Acquisition of Wise Group Finland Oy by Intera Partners
Wise Group Finland is a fast-growing company, which offers consultancy, design and construction contracting services for construction projects (50 %) and renovation projects (50 %) in Finland and the Baltic States. The estimated revenue for 2016 was 40 M€ and the EBITDA 13 %. The compound annual revenue growth was 41 %. Wise Group has grown both organically and via acquisitions. During 2010-2016 the company acquired a total of 19 companies.
Wise serves its customers throughout Finland and it has offices in 14 localities. The company employs 450 professionals. Wise Group has strong customer relationships, a committed personnel and a nationwide, range of services, which has granted a stable and profitable order book, a strong balance sheet and a reliable cash flow.
Carner advised Intera Partners throughout the buy process. After identifying the best possible fit for the customer’s strategy, Carner commenced the negotiations between the parties and successfully closed the deal. Wise Group was a perfect match for Intera’s investment portfolio as it has plenty of growth potential, is best placed to acquiring market leadership with a committed and talented management.
Our main value creation components were:
- Initiation of the potential transaction leading to exclusive one-to-one negotiations
- Company and market information gathering and analysis
- Letter of Intent negotiations
- Assisting in Due Diligence, concentrating especially on Buy-and-Build strategy planning
- Managed and organized employee share issue
Intera Partners is a private equity group specialized in accelerating the growth of Finnish and Swedish companies. It has two funds under management, the total capital of which is 325 M€. Intera’s investment focus lies on companies that are active in rapidly growing sectors and are able to achieve a leading market position and internationalize.
Intera is headquartered in Helsinki.