Operazione

SantaPark Arctic World merges with Longship-backed Arctic Resort Company

Operazione

SantaPark Arctic World merges with Longship-backed Arctic Resort Company

Sell-side

Undisclosed

Ruolo

Adviser to Katja Ikäheimo-Länkinen and Ilkka Länkinen on SantaPark Arctic World’s strategic partnership with Arctic Resort Company

Settore

Consumer

Regione

Finlandia

We have advised Katja Ikäheimo-Länkinen and Ilkka Länkinen, the owners of SantaPark Arctic World, on the company’s merger with Longship-backed Arctic Resort Company, bringing together two of the leading Arctic hospitality and destination groups in Finnish Lapland and Northern Norway.

SantaPark Arctic World has more than 25 years of experience developing distinctive Arctic hospitality and visitor experiences in Finnish Lapland, with a brand portfolio including Arctic TreeHouse Hotel, Rakas restaurant, SantaPark – Home Cavern of Santa Claus, Santa Claus Secret Forest – Joulukka, Lapland Luxury and Aino Private Island Hotel. Arctic Resort Company brings together hospitality, destination and experience businesses across Northern Norway, including Snowhotel Kirkenes, Sommarøy Arctic Hotel, Camp Tamok, Aurora Alps, Arctic Husky, and Destination Tromsø. Arctic Resort Company is backed by Longship, a Norwegian private equity investor.

The combined business has approximately €63m in annual revenue, around 350,000 annual visitors, and around 220 permanent and 700 seasonal employees across key locations in Rovaniemi, Tromsø and Kirkenes.

Arctic Treehouse Hotel picture

After more than 25 years of building SantaPark Arctic World, it was essential for us to find a partner who understood both what we had created and our ambitions for the future. Clearwater understood what mattered to us and supported us throughout this demanding process with sound advice and a clear, pragmatic approach. We greatly value their professionalism and the way they worked with us throughout the process. Their guidance helped us reach an outcome that we believe creates an exciting new chapter for SantaPark Arctic World as part of Arctic Resort Company.

Katja Ikäheimo-Länkinen and Ilkka Länkinen, Founders, SantaPark Arctic World

We are proud to have advised Katja and Ilkka on bringing SantaPark Arctic World and Arctic Resort Company together, creating a genuine Nordic champion in Arctic hospitality. It has been a privilege to support two exceptional entrepreneurs through a complex, cross-border process.

Kimmo Voutilainen, Partner, Clearwater

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