Triton Forms Lohkare Infra Platform with Acquisition and Merger of Three Finnish Regional Contractors

Triton Backs Formation of Habeo Group

January 1, 2023

Construction

Triton’s Smaller Mid‑Cap Fund II has backed the creation of Habeo Group, a Finnish building installation services platform formed by merging seven regional companies. The new group, headquartered in Helsinki, has pro forma 2021 revenues of approximately EUR 120 million and around 600 employees; Triton intends to pursue a buy‑and‑build consolidation strategy across the fragmented Finnish market.

Triton Combines Assemblin and Caverion to Form Assemblin Caverion Group

March 5, 2024

Engineering Services

Triton is combining its portfolio companies Assemblin and Caverion into the newly formed Assemblin Caverion Group, creating a leading Northern European technical service and installation business. The combined group will be incorporated in Sweden, operate across around ten countries, generate roughly EUR 3.8 billion (SEK 43.5 billion) in annual turnover and employ about 21,900 people; leadership will be drawn from both businesses with Assemblin CEO Mats Johansson as Group CEO.

Triton Forms Tendra Technical Services Platform from Three UK Technical Services Firms

December 15, 2025

Industrial Services

Triton Smaller Mid-Cap has established Tendra Technical Services, a new UK platform consolidating The James Mercer Group, Fletchers Engineering and Coat Facilities Group. Triton will back the platform to drive organic growth, operational improvement and further strategic acquisitions to create a national technical services provider in the built environment.

Sortera Group Acquires Vaihtolava

November 30, 2020

Environmental Services

Sortera Group has acquired Vaihtolava, a Finnish logistics and construction-materials sorting company, establishing a substantial platform in Finland. Vaihtolava operates two sorting facilities in the Helsinki region, employs ~100 people, generates roughly €18m in annual revenue and sorts over 100,000 tonnes of waste per year; management will remain in place.

PHM Group (Norvestor-backed) Acquires Kotikatu Holding Oy

September 24, 2020

Real Estate

PHM Group, majority owned by a fund managed by Norvestor, has agreed to acquire Kotikatu Holding Oy, a leading residential property maintenance services provider in Finland. The transaction creates a larger Nordic residential property maintenance group with expanded presence across Finland and Sweden, accelerating PHM's Nordic expansion and consolidation strategy as a Norvestor-backed platform.

Renta Group Acquires Pohjanväre (Espoon Nosturikeskus, Espoon Rakennuskonevuokraamo and Lohjan Nosturipalvelu assets)

April 25, 2023

Industrial Services

Renta Group Oy has acquired Espoon Nosturikeskus Oy (Pohjanväre), Espoon Rakennuskonevuokraamo Oy and the operative assets of Lohjan Nosturipalvelu Oy. The acquisition expands Renta's presence in the Helsinki capital region and southern Finland, adding 3 depots, more than 10 employees and approximately EUR 5 million in annual revenue to Renta's rental platform.