Transaction

Clearwater advises Pohjolan Energia its sale to MB Funds

Transaction

Pohjolan Energia Oy sold to MB Funds

Sell-side

Undisclosed

Role

Adviser to Pohjolan Energia Oy on its sale to MB Funds

Sector

Energy & Utilities

Region

Finland

We have advised Pohjolan Energia Oy, a market-leading provider of turnkey small-scale solar panel solutions, on its sale to MB Funds, a leading Finnish PE house.

Pohjolan Energia is the fast-growing Finnish market leader in turnkey small-scale solar panel systems, targeting mainly the single-family house segment. The company’s run-rate revenue is approximately € 20m and it employs more than 150 solar energy professionals.

MB Funds is a leading Finnish private equity investor, focusing on Nordic small to mid-sized companies and currently managing two funds totaling €500m.

Pohjolan Energia is growing very rapidly as small-scale solar energy solutions are becoming increasingly common in Finland in the wake of a larger turning point towards more decentralized energy production. With the support of MB Funds, the company is aiming to further boost its growth plans both domestically and internationally.

Illustration for Pohjolan Energia

I have been involved in numerous sale processes during my career but the international auction process led by Clearwater was the best I’ve seen so far. The team’s excellent contact network and convincing professionalism brought the company and its owners very high value added at all stages of the process. We are more than happy with the outcome.

Pekka Koskelo, Chairman of the Board, Pohjolan Energia

Advisers

Transactions