Transaction

Clearwater advises Korona Invest on its sale of MilaPro to Mehiläinen

Transaction

Korona Invest sold MilaPro to Triton and KKR-owned Mehiläinen

Sell-side

Undisclosed

Role

Adviser to Korona Invest on its sale of MilaPro to Mehiläinen

Sector

Healthcare

Region

Finland

We have advised Korona Invest on its sale of MilaPro, one of the leading child welfare companies in Finland, to Triton and KKR-backed Mehiläinen, the best-known and most highly regarded private provider of healthcare and social services in Finland.

Mehiläinen had a net turnover of €445m and EBITDA (adjusted for non-recurring items) of €50m in 2015.

MilaPro provides child welfare and mental health services in collaboration with children, families, and the public sector. MilaPro employs around 400 people and had a turnover of around €18.5m in 2015.

Illustration for MilaPro

As a result of Clearwater’s professionalism and care sector experience, MilaPro found a very good new home and is now part of the market leader in its segment. The sales process was handled very efficiently and resulted in terms we are more than happy with.

Pasi Lehtinen, Partner, Korona Invest

Advisers

Transactions