Reaching its €80m target, the new fund will continue Korona Invest’s successful strategy of supporting the sustainable growth and appreciation of SMEs through organic growth, business acquisitions, and internationalization.
“We’re very grateful for the trust our long-term investors have shown by participating in our fourth fund. Our new investors include institutional investors and multiple investment companies operated by the management and co-owners of our previous target companies, as well as long-term advisors. We will continue to use minority and majority holdings to support the growth of our current and future target companies in all business areas,” says Pasi Lehtinen, Managing Director at Korona Invest.
Korona Invest was established in 2006 and is one of the most successful private equity firms of its size in Finland. In their 15 years of operation, the funds of Korona Invest have invested in 31 companies that have more than tripled in size in average. The companies have made more than 120 acquisitions and taken on more than 4,000 new employees. Recent successes include Pilke Päiväkodit, Omaeläinklinikka, Roima Intelligence, and Vaihtolavacom. The current portfolio includes shares in seven companies, including MV-Jäähdytys, O.V. Lahtinen, and Leanware.
“We act as a reliable partner for sustainable growth for our target companies and stakeholders. Our target companies have commended our active and solution-focused way of working,” says Juho Mäkiaho, Investment Director at Korona Invest.
By contributing to the growth of target companies through its team and network, Korona Invest continues to create material added value for the owners, employees, and customers of companies, as well as fund investors.
“Using this new fund, we will continue to look for companies with whom to write new growth stories. We will use active ownership to support the organic growth, business acquisitions, and internationalization of our target companies,” says Matti Kangas, Investment Director at Korona Invest.
Korona Invest Oy
Pasi Lehtinen, Managing Director
tel. +358 50 387 3196
Korona Invest is a Finnish private equity investment firm specialising in financing growth companies. Korona Invest invests in small to medium-sized enterprises which are seeking and capable of growth, regardless of industry.