Type of deal: Acquisition of 100% of shares in three Lähiputki companies.
Sector: HVAC and maintenance.
PwC had the privilege to act as the legal advisor to our long-lasting business partner Currentum Partners Finland Oy, a member of the Currentum Group, owned by private equity firm Axcel, on its recent acquisitions of Lähiputki Oy, Lähiputki Tampere Oy and LP Vahinkosaneeraus Oy.
The three Lähiputki companies provide HVAC, maintenance and moisture damage restoration services in the capital region of Finland and Tampere and employ ca. 70 employees.
Our warmest thanks to Currentum for the trust - we feel humbled to assist you with your journey of growth in Finland. Further thank you I&O Partners for smooth cooperation. Congratulations to both parties!
Object of sale: Three HVAC companies operating in Helsinki and Tampere: Lähiputki Oy, Lähiputki Tampere Oy and LP Vahinkosaneeraus Oy
Seller: Tera Oy and Petri Viteli
Buyer: Currentum Partners Finland Oy
Deal announcement date: 31 January 2024
PwC's role: Legal advisors
Our core legal team consisted of PwC Finland's Partner Joni Painilainen, Senior Associates Henri Heikura and Enna Kuolimo, Senior Manager Katja Digert and Senior Associate Julia Suokas.