MB Funds to strengthen the growth of LähiRahoitus
LähiRahoitus, the leading provider of factoring services for Finnish SME companies, accelerates its growth as MB Funds invests in the company in a transaction signed on 1 April 2021.
LähiRahoitus is the leading provider of factoring services for the SME segment in Finland. The company has had strong growth during the past years. Success of the company is based on development of a customer-oriented financing concept, excellent customer service and especially the skilled personnel. Net sales of LähiRahoitus were 7.5 m€ in 2020 and the company employs 26 persons.
”LähiRahoitus has achieved an excellent growth and has taken its position as a forerunner in the financing market for the Finnish SME segment. The company has an experienced and committed management who together with the whole personnel were able to convince us of the impressive performance of LähiRahoitus. We want to support the continuing growth of LähiRahoitus, and we believe that in the growing market there is space for new services. We can support the company to achieve its goals with our experience in transformation projects.”, comments Jussi Salminen, partner, MB Funds.
”LähiRahoitus is truly dedicated to support the Finnish SME companies, thus helping them to succeed in their businesses. Our whole personnel is excited about the emerging possibilities resulting from the transaction. We will keep listening to our customers also in the future and we shall widen our service offering to meet customers’ evolving expectations. I believe that this arrangement brings excellent prerequisites for that”, comments Mika Mäkinen, CEO, LähiRahoitus.
Closing of the transaction do not require competition authority’s approval, and the closing is expected to take place during April 2021.
Partner, MB Funds
+35840 834 5818 tai firstname.lastname@example.org
LähiRahoitus, established in 2014, is a Finnish factoring service company who offers a new solution to support companies’ business in a rapidly evolving business environment. Our services facilitate day-to-day business and guarantees good liquidity fast and cost efficiently. www.lahirahoitus.fi
MB Funds is the leading Finnish private equity investor founded in 1988. Total assets under MB Funds management stand at 0.5 billion euro with prime Finnish institutions as its main fund investors. MB Funds has successfully invested in approximately 40 mid-sized companies in the Nordics. www.mb.fi