Krogerus advises Altor on its acquisition of a majority stake in Evac from Bridgepoint
Krogerus advised Altor (Altor Fund VI and Altor ACT I) on its acquisition of a majority stake in Evac Holding Oy, a global leader in integrated water and waste management systems for marine and land-based use-cases, from Bridgepoint, one of the world’s leading mid-market investors. Evac’s management will reinvest alongside Altor. Altor will work closely with Evac’s management to support their growth ambitions across segments and products.
Evac was founded in 1979 and has since evolved into a global leader in end-to-end cleantech solutions for marine, off-shore and land-based industries. Evac specialises in mission-critical water, waste management and vessel protection systems that enable the world’s navies, cruise operators and commercial fleets to operate safely, sustainably and efficiently. The company is headquartered in Espoo, Finland with approximately 550 employees, presence in more than 70 countries and a world-class global service network. Evac’s diversified marine and land-based customer base is found across cruise, naval, merchant, yacht and other marine segments.
The Krogerus team was led by Partners Annika Schauman and Marcus Möller. They were primarily assisted by Counsel Andreas Brink, Senior Associates Santeri Jääskeläinen and Nicklas Svento and Associates Oliver Pietilä, Aleksi Kärnä, Inessa Kiili, Oona-Maria Kultti, André von Martens and Saara Kinnunen. Partner Simo Autio advised on regulatory matters and he was assisted by Associate Jonni Tiainen. Partner Thomas Kolster advised on compliance matters and he was assisted by Senior Associates Laura Tuure-Fallström and Kalle Lipsanen and Associate Hanna Lehmonen. Partner Kalle Hynönen advised on intellectual property matters and he was assisted by Senior Associate Maria Lilius and Associates Anni Sofia Kivi-Koskinen, Ella Karppanen and Eveliina Piha. Partner Heidi Kivenjuuri advised on financing matters and she was assisted by Counsel Lauri Saari and Associate Venla Nummela. Partner Carola Möller advised on employment matters and she was assisted by Associates Elina Mäkelä and Fiia Fonsén. Partner Samu Lassila advised on tax matters.