16 05 2016

EQT acquires Finnish early education service provider Touhula Varhaiskasvatus Oy

EQT Mid Market has acquired a majority ownership in Touhula Varhaiskasvatus Oy, a Finnish early education service provider, from Cor Group Oy, Industry Investment, Norvestia Plc and the acting management.


Touhula was founded in 2010 and today operates over 80 pre-schools and day-care centers across Finland. The company has a unique high-quality education philosophy and operates two different brands: Touhula and Aarresaari, encouraging children to natural physical activity and adventure. As a private company, Touhula complements the welfare services provided by municipalities and increases the options available to parents in choosing a suitable day-care provider for their children. The majority of Touhula’s day-care centers operate under a voucher model. The voucher model ensures equal access to private day care to all Finnish families. Hannes Snellman acted as a counsel to EQT in the transaction with a team led by Sten Olsson (picture), assisted by Markus Bremer, Mikael Wahlbeck, Olli-Pekka Veranen, Johanna Haltia-Tapio, Antti Alanko, Johanna Nurkkala, Katja Jaakkola, Suvi-Tuuli Saarnio and Sebastian Wiik. Involved fees earner: Sten Olsson - Hannes Snellman; Olli-Pekka Veranen - Hannes Snellman; Johanna Nurkkala - Hannes Snellman; Suvi-Tuuli Saarnio - Hannes Snellman; Markus Bremer - Hannes Snellman; Antti Alanko - Hannes Snellman; Mikael Wahlbeck - Hannes Snellman; Katja Jaakkola - Hannes Snellman; Sebastian Wiik - Hannes Snellman; Johanna Haltia-Tapio - Hannes Snellman;

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