1.7.2025

Netel Group Sale of Finnish Operations

Related services

We advised Netel Group, a Nasdaq Stockholm-listed contracting company, on the sale of its Finnish operations, Netel Oy, to a group of private investors.

The divestment forms part of Netel Group’s strategic realignment. In January 2025, Netel Group announced its decision to exit the Finnish market in order to concentrate on its core markets in Sweden and Norway and growth markets in Germany and the UK.

Netel Group is a leading provider of services in the development and maintenance of critical infrastructure within Infraservices, Power and Telecom across Northern Europe. The company has been listed on Nasdaq Stockholm since 2021.

Our team

Latest references

Inventure – Investment in Hamina Wireless

We advised the lead investor Inventure on the seed funding round of Hamina Wireless. Superhero Capital and First Fellow participated in the round as co-investors. Hamina Wireless, founded in 2021, provides tools for fast and simple wireless network design. The platform offered by the company is equipped with tools that aid in the creation of wireless networks, inclusive of Wi-Fi 6E and CBRS. It also includes automation tools for the design of switching, cabling, and IDFs/MDFs. This platform enables design engineers to construct networks that ensure optimal coverage and overlap, minimal interference, maximum capacity, and seamless roaming. Inventure is an early-stage VC investor that that been in venture with over 90 companies ranging from deep tech to consumer internet brands, including Wolt, Swappie, Stravito and Jobbatical. With its EUR 377 million of assets under management, Inventure focuses on Seed and Series A investments across Nordics and Baltics, with offices in Helsinki and Stockholm.

Efima – Acquisition of Sparta Consulting

We acted as legal adviser to Efima Oyj in its acquisition of the entire share capital of Sparta Consulting Oy, a leading data management consulting firm. The acquisition strengthens Efima’s position as a strategic development partner for large and medium-sized enterprises and supports the company’s growth strategy and ability to meet the growing demand for intelligent, data-driven business solutions. Founded in 2012, Sparta Consulting specialises in comprehensive information management, and its clients are primarily large Finnish companies in the banking and insurance, energy, and telecommunications sectors. Efima Oyj is a Finnish digital company that promotes the growth of large and medium-sized enterprises by streamlining and automating business processes and creating competitive advantage through innovative use of artificial intelligence and data. The company has over 250 experts in Helsinki and Tampere.

eQ Fund Management Company Ltd – Structural Arrangement Related to Residential Funds

We acted as legal advisor to eQ Fund Management Company Ltd in a structural arrangement in which Special Investment Fund eQ Residential Fund and Special Investment Fund eQ Residential Fund II transferred their assets to the newly launched Special Investment Fund eQ Residential Fund III. In connection with the arrangement, eQ Residential Fund III raised 37 million euros in new capital, and its fundraising will continue throughout 2025. The portfolio of eQ Residential Fund III consists of 19 residential properties completed between 2021 and 2024, comprising nearly 1,400 apartments located in the Helsinki Metropolitan Area, Turku, and Tampere.

Milexia Group – Acquisition of business of Alpha Positron

We advised Milexia Group, a portfolio company of the French PE sponsor Crédit Mutuel Equity, on its acquisition of the activities of Alpha Positron Oy, a Finnish distributor specializing in GPS/GNSS, time and frequency solutions for the electronics industry, process automation, corporate IT, defense, and other demanding markets. Milexia Group is one of the world’s leading European suppliers for high-quality electronic components, systems and scientific instruments technology. It has offices, warehouses and technical centres in France, Italy, Spain, the United Kingdom, Germany, Nordics and Hong Kong. The acquisition aligns with Milexia’s strategy to expand its presence in the Nordic region and enhance its portfolio of communication solutions.

Search from the site.