Type of deal: Minority sale and equity raise
Sector: Business services
PwC's Corporate Finance is pleased to announce the successful completion of a minority sale and equity raise in Bravedo, a leading provider of BPO, technology and people services to B2B customers and the public sector. In the transaction, Ilmarinen acquired a minority stake in Bravedo as a new investor, while existing shareholder Elo increased its ownership.
Following the transaction, the combined ownership of Elo and Ilmarinen exceeds 20 per cent. The transaction strengthens Bravedo’s ownership base and supports the company’s continued growth and internationalisation plans.
Deal announcement date: 21 January 2026
PwC’s role: Lead financial adviser
Hannu Keränen
Jenni Ervasti
Axel Andersson
Niklas Mäenpää