CapMan Special Situations Invests in Community-Based Elderly Care with Acquisition of Nonna Group and Aurahovi

We advised CapMan Special Situations Fund in its acquisition of the entire share capital of Nonna Group Oy, a Finnish elderly care provider operating five residential care homes through its subsidiaries. The transaction marks the Fund’s strategic entry into the community-based elderly care sector.
In a follow-on transaction, we also advised Nonna Group Oy, now a portfolio company of CapMan Special Situations Fund, on its acquisition of the entire share capital of Aurahovi Oy. Aurahovi provides elderly care services in Southwest Finland and Helsinki.
The combination of Aurahovi and Nonna Group positions CapMan Special Situations as one of Finland’s leading operators in community-based senior living. The integrated platform now comprises nine residential units and approximately 500 apartments, forming a truly nationwide presence.
The lead Partner for both transactions was Henrik Sandholm, with the team including Partners Antti Husa and Olli Hyvönen, Specialist Counsels Tiina Koivisto, Kalle Klemetti and Leena Pyymäki, Senior Associates Linda Stenroth, Petra Snäll, Lavinia Husa and Miika Huhtinen, and Associates Josefina Lind, Sanni Tirkkonen and Arttu Liipo.
Read more from CapMan’s press release here.