VMP Plc ("VMP" or the "Company") has completed its Initial Public Offering (the "Offering" or “IPO”) and becomes listed on the First North Finland market place maintained by Nasdaq Helsinki Ltd. ("First North"). Trading in the Company’s shares started on June 19 2018. The final offer price of the shares (the “Final Offer Price”) in the Offering is EUR 5.00 per Offer Share (as defined below), corresponding to a market capitalization of approximately EUR 69.5 million following the Offering (approximately EUR 74.0 million assuming full exercise of the over-allotment option).
Attachments: Press release VMP June 19 2018
Electronic financial management specialist Administer acquires Sentica’s portfolio company Silta from funds managed by Sentica and management. The acquisition will make Administer Finland’s largest payroll company.
Attachments: Press release Silta June 5 2018
Purkupiha Group, which specializes in heavy and special demolition as well as recycling and re-use of building materials, grows by acquiring the business of SK-Purku Oy. With the acquisition, the Group strengthens its heavy demolition business particularly in Eastern Finland. Santeri Karell, the owner and founder of SK-Purku, remains in a key operating role and becomes an owner in the Group.
Attachments: Press release Purkupiha Group 9 May 2018
SuperPark and Sentica have on April 23, 2018 agreed on a transaction in which funds managed by Sentica and Tesi become owners of SuperPark. The transaction supports SuperPark’s international growth, which was successfully started in 2017. SuperPark’s founders remain as owners of the company also after the transaction.
Attachments: Press release SuperPark 24 April 2018
A fund managed by the Finnish private equity company Sentica becomes majority owner of Purkupiha and Dammega in order to support the companies’ growth. The owners of both companies retain a significant stake and continue as operative leaders in the new group.
Attachments: Press release Purkupiha and Dammega 9 January 2018
Sentica's office is moving on January 2, 2018. Our new address is Kasarmikatu 21 B, 00130 Helsinki (7th floor).
Ropo Capital Group’s parent company RopoHold Oy has issued a 50 million senior secured bond. The transaction was well received by the market and drew interest especially from Swedish and Norwegian investors.
Attachments: Press release Ropo 23 November 2017
VMP Group strengthens its ownership base as funds managed by Sentica Partners acquire a majority stake in the company. The founding Savolainen family and the current management will retain a significant stake in the company.
Attachments: Press release VMP 19 September 2017
The infrastructure construction company TerraWise adds a chapter to its growth story as Konevuori Oy joins the Group. The acquisition increases TerraWise’s civil construction capabilities and significantly enhances the company’s leading position in Southern Finland. Konevuori offers its customers a wide range of services including earthworks, soil and stone transportation, stone product selling, and machinery renting. Konevuori’s founder, Mr. Reijo Wuorio, remains in a key operating role and becomes an owner in the Group.
Attachments: Press release TerraWise 4 July 2017
RD Velho and Sentica Partners have on June 29, 2017 agreed on a transaction in which Sentica Partners’ fund becomes one of RD Velho’s owners. The transaction supports RD Velho’s development and growth to become a leading design and technology development company in Finland. All the current owners remain as owners after the transaction.
Attachments: Press release RD Velho June 30 2017