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Synopsis
Mehiläinen, a provider of health care and social services, completed the acquisition of Debora, a Finnish home care service provider, from MB Funds, a Finnish private equity investor. Financial terms were not disclosed. “We have been owners of Debora since July 2017, and the revenue of the company has grown approx. 60% during our ownership. In addition, internal procedures and processes, quality of services, and profitability have developed significantly. During the years 2020 and 2021, we have successfully developed our operations despite the Covid-19 pandemic. Debora’s management and employees deserve an acknowledgement for their recent great work," Eero Niiva, MB Funds Partner.
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