We have advised Pilke Päiväkodit Oy, a private daycare operator, on its sale to Læringsverkstedet, a Norway-rooted family company. Following this transaction, Læringsverkstedet will be the largest daycare group in the Nordics and one of the largest globally with combined sales of approx. €450m in 2019 and operations in Norway, Sweden, Finland, Germany, Dubai, and Latvia. Læringsverkstedet plans to continue to grow in its existing countries as well as to increase its overall presence outside the Nordic region significantly.
Pilke Päiväkodit is a market-leading private daycare company in Finland and it is well-known for high quality in its early education as well as substantial benefits created for municipalities. In addition to providing daycare services to over 10,000 children in over 150 daycare centres across Finland, Pilke Päiväkodit also provides after-school club and child home care services to its customer families. Throughout the years, Pilke Päiväkodit has been a regular study excursion destination for numerous Asian and European daycare operators who are interested in learning more about the benefits of the Nordic early education curriculum and benchmarking their operations with Pilke Päiväkodit. Pilke Päiväkodit has been majority-owned by Finnish private equity investor Korona Invest since 2012.
