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06/2022

ESPERI CARE acquired by TRITON PARTNERS

FINLAND Health Providers / Healthcare Facilities / Nursing Homes REV 250M - 500M EUR

Context

Triton Partners, via its Triton Smaller Mid Cap Fund II, acquired a majority stake in Esperi Care Oy from a consortium of its former creditors, including Danske Bank, SEB, and Ilmarinen, which remain as minority shareholders. The transaction implies a majority control transfer while preserving continuity of public‑sector and employee‑management relationships, with Triton committing to a substantial capital investment to support further service development and operational improvements. The strategic rationale is rooted in Esperi Care’s established position, business model built on recurring and contract‑based care fees, strong regulatory and societal mandate. Triton’s Nordic healthcare expertise, demonstrated through prior investments in Aleris, Ambea, and Mehiläinen, is expected to support the professionalization of care concepts, standardization of operating models, and expansion of service quality without compromising social‑care objectives.

ESPERI CARE, which reported an EBITDA margin of in 2021, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Healthcare & Pharma sector (14.3x).

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Target

Esperi Care Oy is a Finnish residential care provider founded in 2001 and active in elderly care, mental health care, and disabled care across Finland. The company operates a network of 112 elderly care locations, 41 nursing homes for mental care, and 31 homes for disabled care, providing round‑the‑clock, professionally supervised accommodation and support services. It serves about 7,000 customer beds and works with roughly 200 municipalities, positioning itself as a key partner in the country’s publicly funded and outsourced long‑term care infrastructure. The company’s business model is built on contracted home‑care beds and structured care packages reimbursed largely through public‑sector or municipal budgets, with a smaller share of private or co‑paid arrangements. Esperi Care benefits from Finland’s aging demographics and long‑term funding support for outsourced social‑care and health‑related services. The group is perceived as a leading, institutionally embedded player with a strong track record of regulatory compliance and quality‑of‑care improvements.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2021
2020

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REFERENCES

Revenue range: 250M - 500M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ESPERI CARE by TRITON PARTNERS are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Target: esperi care

Acquirer: triton partners