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

Be-Cloud has been acquired by PSG Equity

Private Equity | TMT

Be-Cloud has been acquired by PSG Equity

Be-Cloud, backed by B&Capital since 2021, has been acquired by PSG Equity, a leading growth equity firm specializing in software and technology-enabled services. The transaction marks the full exit of B&Capital and the reinvestment of Be-Cloud’s founders, Lenny and Sébastien Vercruysse, alongside PSG Equity.

Learn more

Mattina Holding has sold a 5% stake in Gens Aurea via accelerated bookbuild

Private Equity | Consumer & Retail

Mattina Holding has sold a 5% stake in Gens Aurea via accelerated bookbuild

Mattina Holding S.A. (DVC Partners) has sold a 5% stake in Italian company Gens Aurea S.p.A. through an accelerated bookbuild, raising approximately US$69.96 million.

Learn more

Cibus has acquired Aweta from Standard Investment

Private Equity | Agriculture | Industrial Machinery & Components

Cibus has acquired Aweta from Standard Investment

Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.

Learn more