ServeTek has acquired Finelec Oy

August 2025 — ServeTek has acquired Finelec Oy, establishing its presence in Finland and creating new opportunities for further expansion.

Backed by Aspira Partners, ServeTek is a newly created Nordic platform and a leader in the aftermarket segment for food service and hygiene equipment.

Finelec Oy offers its customers sales, maintenance and installation services for laundry equipment, home appliances and room reservation systems. The company also serves as the importer of Nortec, a Danish brand of laundry equipment and room reservation systems.

Our role in the transaction

Oaklins’ team in Finland served as the buy-side financial advisor to Swedish Aspira Partners and their newly created Nordic platform, ServeTek, in relation to the Finnish market.

Service

M&A buy-side

Parties

“The Oaklins team helped Aspira Partners find the right Finnish entrepreneur partners to join ServeTek and, with a professional approach, supported the building of trust between the parties.”

Isak Abrams

Investment Director, Aspira Partners

Talk to the deal team

Timo Brandstack

Partner

Helsinki, Finland
Oaklins Finland

View profile Get in touch

Related deals

Census Group has acquired Lecklé Oy

Private Equity | Financial Services | Other Industries

Census Group has acquired Lecklé Oy

Backed by Swedish Aspira Partners, Census Group has acquired SYS Audit Oy, Lecklé Oy, Tiliextra Oy, Tase-Koivu Oy Tilintarkastusyhteisö, HJL Audit Oy and Auditus Tilintarkastus Oy. These transactions mark the creation of new platform in the Finnish audit and advisory services market. The newly formed group is jointly owned by Aspira Partners, entrepreneurs and key employees united by a shared vision and strong commitment to serving small and medium-sized enterprises (SMEs).

Learn more

Terhills Resort by Center Parcs has been acquired by TwentyTwo Real Estate

Private Equity | Consumer & Retail | Real Estate

Terhills Resort by Center Parcs has been acquired by TwentyTwo Real Estate

Terhills Resort, a premium resort in Belgium combining luxury and nature located near Hoge Kempen National Park and operated by Center Parcs, has been sold by venture capitalist LRM to TwentyTwo Real Estate, an independent real estate investor and operator. Both the real estate and the operations were included in the transaction, and Center Parcs is staying on board as an operational partner.

Learn more

OEP Danzig BidCo has completed a mandatory tender offer for the shares of Digital Value

Private Equity | TMT

OEP Danzig BidCo has completed a mandatory tender offer for the shares of Digital Value

OEP Danzig BidCo S.p.A. has completed a mandatory tender offer for the shares of Digital Value S.p.A.

Learn more