Avance advises CVC Capital Partners and its portfolio company Mehiläinen in a transaction where international private equity firm Hellman & Friedman joins CVC as a significant investor in Mehiläinen. The financing round in excess of EUR 2 billion is one of the largest in Finland and possibly the largest international private equity investment round by a Finnish company.
In addition to the financing, Mehiläinen has agreed to acquire the private healthcare providers Regina Maria in Romania and MediGroup in Serbia. These acquisitions, combined with the financing, further strengthen Mehiläinen’s growth strategy, focusing on expansion both in Finland and internationally. As a result, the personnel working with Mehiläinen will grow to approximately 54 thousand, marking a significant step in the company’s continued expansion.