ServeTek has acquired Finelec Oy

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.

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

Triscan has joined APA and Riverarch to accelerate growth in the European aftermarket

Private Equity | Automotive

Triscan has joined APA and Riverarch to accelerate growth in the European aftermarket

Triscan AS, a leading provider of OE-quality automotive spare parts for the professional aftermarket in Europe, has been acquired by APA Industries, LLC, a portfolio company of Riverarch Equity Partners.

Learn more

TEAM Safety Services Limited has been acquired by Vadella Group

Private Equity | Business Support Services

TEAM Safety Services Limited has been acquired by Vadella Group

TEAM Safety Services Limited, a leading UK-based health, safety and fire safety consultancy, has been acquired by Vadella Group, a specialist provider of inspection-led compliance services for the built environment.

Learn more

123.tv has been acquired by DVC Partners

Private Equity | TMT

123.tv has been acquired by DVC Partners

123.tv, a digitally driven home and live shopping and e-commerce platform with a unique live auction format offered on its own TV channels and digital platforms, has been acquired by DVC Partners, a pan-European private equity firm.

Learn more