Triton and KKR Sell Mehiläinen to CVC Capital Partners
May 18, 2018
Triton and KKR acquired Mehiläinen in
Mehiläinen has successfully acquired and integrated more than 50
providers under Triton and KKR’s ownership, resulting in an extensive
national service network with over 360 units and 14,000 professionals in
health care and social care, and making Mehiläinen one of the biggest
domestic employers in
“We would like to thank the management team, the employees, the
Chairman, the Board, and all other stakeholders for their contributions
to Mehiläinen’s development. Since the acquisition in 2010, we have
supported Mehiläinen to become a customer-focused and quality-driven
health care and social service provider. We have experienced first-hand
the dedication to care, service and quality that the employees and the
leadership stand for and deliver. Triton together with KKR has been the
owner of Mehiläinen for more than eight years and we view this as an
appropriate time for a new owner to continue the development of
Mehiläinen,” says
KKR’s investment was made through its European Private Equity Fund III.
-ends-
About Mehiläinen
Mehiläinen Group is a well-known and highly valued private provider of
healthcare and social care services in
Mehiläinen’s services are produced at over 360 locations by more than 14,000 employees and private practitioners.
For further information: www.mehilainen.fi
About Triton
The Triton funds invest in and support the positive development of
medium-sized businesses headquartered in
Triton seeks to contribute to the building of better businesses for the longer term. Triton and its executives wish to be agents of positive change towards sustainable operational improvements and growth. The 37 companies currently in Triton’s portfolio have combined sales of around €14,3 billion and around 91,000 employees.
The Triton funds are advised by dedicated teams of professionals based
in
About KKR
KKR is a leading global investment firm that manages multiple
alternative asset classes, including private equity, energy,
infrastructure, real estate and credit, with strategic manager
partnerships that manage hedge funds. KKR aims to generate attractive
investment returns for its fund investors by following a patient and
disciplined investment approach, employing world-class people, and
driving growth and value creation with KKR portfolio companies. KKR
invests its own capital alongside the capital it manages for fund
investors and provides financing solutions and investment opportunities
through its capital markets business. References to KKR’s investments
may include the activities of its sponsored funds. For additional
information about
View source version on businesswire.com: https://www.businesswire.com/news/home/20180517006376/en/
Press Contacts:
Triton
Marcus
Brans, +49 69 921 02204
or
KKR
Finsbury
Alastair
Elwen, +44 207 251 3801
Alastair.elwen@finsbury.com
Source: KKR
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