Krogerus advises Sentica on its sale to KPY
Krogerus advised Sentica Partners on its sale to Cooperative KPY (KPY) through a corporate transaction. Sentica is a Finnish private equity company that has supported the development and internationalization of domestic growth companies for over two decades.
KPY’s mission is to create business vitality in Finland, that is, to strengthen the competitiveness, growth, and renewal of domestic business. Going forward, KPY will increasingly fulfill this mission through funds. Until now, KPY has fulfilled its mission through direct investments in subsidiaries, minority-owned companies, and the Novapolis business premises. The Sentica transaction is part of KPY’s long-term strategy, where impact is increasingly created through fund-based models.
The cooperation enables the raising of a new significant fund and, in the long term, also the raising of new, subsequent funds. The arrangement does not affect Sentica’s current portfolio. The arrangement is subject to regulatory approval, among other conditions.
The Krogerus team was led by Partner Mika Ståhlberg and included Partner Jan Johanson and Associate Tuuli Merikallio. Counsel Alina Böling advised on regulatory matters. Partner Pyry Somervuori advised on fund matters and he was assisted by Counsel Joonas Parkkinen and Associate Amalia Tiainen. Partner Samu Lassila advised on tax matters.
