Finnish 9Lives, specialised in demanding mobile health services, acquires Stella Kotipalvelut Ltd. The personnel of Stella, the company having seen strong growth in recent years, continues to work under 9Lives. By 2025, 9Lives aims to become the Northern-European leading provider of mobile, local social and healthcare services.
The fusion will be finalised during 2022. Stella is owned by Intera Fund II Ky, Tesi (Finnish Industry Investment Ltd), Posti Group Ltd as well as the management. Tesi made the initial investment in the company in 2014, to support the good conditions for growth and social impact the company had in social and healthcare services sector.
Read more:
Press release by Stella Kotipalvelut Ltd 20.12.2021 (in Finnish)
More information:
Miikka Salminen, Investment Manager, Tesi
miikka.salminen@tesi.fi
+358 40 535 4758
Tesi (Finnish Industry Investment Ltd) is a state-owned investment company that wants to raise Finland to the front ranks of transformative economic growth by investing in funds and directly in companies. We invest profitably and responsibly, hand-in-hand with private co-investors, to create new success stories. Our investments under management total 2.1 billion euros. www.tesi.fi | @TesiFII
