Niemi Palvelut Oy
NP Holding Oy & Niemi Palvelut Oy - Share transaction and Financing
MBO Partners acted as the joint advisor of the Niemi brothers and the company in a business arrangement, in which the CapMan Special Situations Fund invests Niemi Services and will support the company’s’ growth as the leading provider of moving and logistics services in Finland. MBO Partners was responsible for organizing the share transaction and obtaining financing in the business arrangement.
In connection to the investment made by the CapMan Special Situations Fund, two of the company’s current owners, Ilpo and Kai Niemi, sell their shares in the company. Esa and Juha Niemi continue as main owners of the company and will together with CapMan form the new Board of Directors of the company. Timo Seppä, appointed on September 1st, will continue as the CEO.
“Thanks to the team at MBO Partners for completing this demanding project. On the way from the first version of the plan to the final feasible solution, there were bumps, to which the MBO team responded quickly and professionally. In particular, creativity, will, and the ability to find working solutions to the challenges pushed the project forward, and eventually to the finish line”, Niemi brothers say.
Niemi Services is the leading moving and logistics services provider in Finland. Its business is founded on consistently exceeding client expectations. Niemi Services is a forerunner in sustainability; its fleet runs on 100% fossil free fuel, and it invests in services for the circular economy both for enterprise customers as well as for consumers.
CapMan Special Situations pursues event-driven investment situations by providing flexible capital solutions and strong operational capability to deliver step-change performance improvements.
Niemi Palvelut Oy - Issue of shares to employees
In the spring of 2014, the company implemented a Group ownership arrangement, as part of which the personnel were offered a significant share of the company’s ownership. The company now has more than 30 staff owners.
Niemi Palvelut Oy is a family company specializing in moving and logistics, with a turnover of approximately EUR 40 million.
MBO Partners Oy assisted in personnel issues, transactions and its financing.
Mateko Group
Mateko - Share Transaction
MBO Partners acted as the advisor of the sellers in the share transaction, in which Stokker Oy acquired all the shares of Mateko Invest Oy on January 2, 2024. Also, all the fully owned subsidiaries of Mateko Invest Oy were transferred to Stokker through the transaction: Mateko Oy, CE Rental Oy and Mateko Hallinto Oy.
In 2018, MBO Partners acted also as the seller’s advisor in a transaction, in which Stokker AS acquired the shares of Teräosa Oy, now known as Stokker Oy.
The roots of the Mateko Group go back almost 30 years, and it has been working with construction equipment throughout its history. In addition to sales, the company has strong expertise in aftermarket, covering the whole of Finland. Mateko Group employs 58 people and its turnover in 2022 was more than 42 million euros. Mateko operates in Finland in Tampere, Espoo, Oulu, Seinäjoki, Mikkeli and Turku.
Stokker Group has more than 30 years of experience in the sale and maintenance of professional tools and machines. The team includes experts in construction and agriculture, wood and metalworking, and garden and forestry machinery. Stokker employs more than 600 professionals in Estonia, Latvia, Lithuania and Finland, where the company has 32 service centers and stores. The group’s turnover was approx. 200 million euros before the acquisition.