Evolver Equity – Aquisition financing

We advised private equity firm Evolver Equity in all financing matters relating to the leveraged buy-out (LBO) transaction where Evolver acquired the majority of Spinverse Oy.

Evolver Fund I (“Evolver”, the “Fund”) has on 30 September 2022 acquired a controlling interest in the Finnish innovation funding consultancy company Spinverse Oy. Evolver joins Spinverse as a growth partner and will continue to pursue international growth together with Spinverse management and personnel. The founder Pekka Koponen and CEO Laura Koponen remain significant shareholders, while Laura Koponen continues to lead the company as CEO and Pekka Koponen takes up the position as Vice-Chair. The management team together with the senior personnel also made equity investments in the company. Spinverse is the Fund’s fifth investment.

Spinverse is the Finnish champion and Nordic leader in managing and bringing together large, industry-led R&D&I projects and ecosystems with focus on digitalisation and green transition. With offices in Finland and Sweden, Spinverse helps clients in the Nordics and beyond solve global challenges through public funding. The clients include some of the largest players in Finland such as Borealis, Hospital District of Helsinki and Uusimaa, Metsä Group, Nokia, and Tietoevry, as well as renowned international customers such as Sandvik and ABB.

Evolver is a Finnish private equity investor specialized in Nordic small-cap buyouts. Evolver’s mission is to help owner-led companies realize their potential in a sustainable way by contributing with know-how, tools and capital. Since foundation in 2009, Evolver has completed more than 30 corporate transactions.