Mikeva, one of the leading social care service providers in Finland, has been acquired by G Square Capital I together with Mikeva's management on June 27th, 2012. G Square is a Paris-based private equity firm dedicated to investing in European social and healthcare companies. In connection with the transaction, Intera Fund I divests all its holdings in Mikeva.
According to Intera's Managing Partner Mr Tuomas Lang, investment in Mikeva has been a successful one. "During Intera's ownership period, Mikeva has grown significantly and its business has been developed decisively. The company is in a good position to continue its growth under the new ownership."
"We are very pleased to have a new owner who is committed to the long-term development of Mikeva. Through G Square, we will benefit from a professional and international development team with extensive experience and know-how in healthcare services across Europe. The change of ownership has no impact on our employees' position. We have a firm objective to continue our growth as a nationwide service provider." comments Mikeva's CEO Mr Petri Pitkäranta.
Mikeva has provided social and care services since 1987. The company is headquartered in Vantaa, Finland.