We have advised Touhula on its sale to AcadeMedia. Touhula is the pioneering chain-format private operator in education and childcare in Finland. The turnover of the company is approx. €100m and Touhula has a high social impact as it runs high-quality early education and care operations through 113 daycare centres across 40 municipalities. Touhula's 2,000 professionals provide early education and childcare services on a daily basis for around 8,000 children. Prior to the transaction, Touhula was owned by its board members, management, and employees such as heads of units, and in total the company has over 100 shareholders.
AcadeMedia is Northern Europe's largest education company, serving around 200,000 children, pupils, and adult students in various countries. The company operates around 800 units and has over 20,000 employees. Following the transaction, AcadeMedia's preschool division will have operations in Sweden, Norway, Finland, Germany, and the Netherlands. AcadeMedia's shares are listed on the Stockholm Stock Exchange. TogetherTouhula and AcadeMedia form one of the largest Nordic private daycare groups.