MB Funds to sell Mainio Vire Oy to HgCapital

The funds managed by MB Funds have together with the other owners sold the largest Finnish social care services company Mainio Vire Oy to the British private equity investor HgCapital. Mainio Vire’s management continues as owners in the company.

During the ownership period of MB Funds, Mainio Vire Oy (formerly Medivire Hoiva Oy) has grown from a start-up business into the leading Finnish social care services company with net sales exceeding 60 million euros in the current year and with over 1,000 employees.

The new owner is a European private equity investor with a strong emphasis on healthcare and care sector.

Mainio Vire’s incredible success story is the result of the systematic work by the company’s skillful management and professional organization during the last eleven years. Together with the new owner and the company management, Mainio Vire has all prerequisites for continuing its strong growth as the forerunner of its industry”, states Hannu Puhakka, Managing Partner of MB Funds.

Further information:

Hannu Puhakka
CEO, MB Funds
+358 9 1310 1352 / +358 50 511 3917