Evolver and Rajupaja partner up

Evolver, a Nordic PE Growth Partner for SMEs, has on the 5th of July 2024 acquired a controlling interest in Finnish event technology provider Rajupaja Oy.

With the backing of Evolver, Rajupaja will continue its quest to become a nationwide leader in the event equipment and services industry in Finland. Entrepreneurs Jussi Mäkelä and Sami Tarkia will remain significant shareholders, while CEO Jani Rokala will continue to lead the company and also become a shareholder. Rajupaja is Evolver Fund I’s sixth and last investment.

2014 founded Rajupaja is a Top 3 event equipment rental and value-added services company in the Finnish market. With a significant market share and market-leading profitability, Rajupaja has built a strong competitive position by successfully acquiring and merging niche competitors and smaller operators in new market areas and different value chain positions.

Rajupaja’s entrepreneurs, Sami Tarkia and Jussi Mäkelä, see great possibilities with the transaction.

“As entrepreneurs for many years we are pleased to welcome Evolver as our growth partner. This partnership gives us access to complementary know-how, resources, and tools that will help us continue the professionalization of our company, accelerate growth, and further strengthen Rajupaja’s competitive position. We are convinced it will also enhance our ability to serve both current and future customers and partners.”

”In an increasingly digitized world we believe live events, whether musical, sporting, corporate, or industrial, will continue to have strong relevance for us human beings. We are impressed with the vision, drive, and business acumen of Jussi and Sami and the results they have achieved as entrepreneurs. We are excited and proud to become part of Rajupaja’s continued growth journey and sponsors of a business that truly brings people together,” says Joacim Eriksson, Partner at Evolver Equity.

For more information, please contact:
Joacim Eriksson, Evolver Equity, tel +358 457 379 2930
Jani Rokala, Rajupaja Oy, tel. +358 400 856329