The Company had successfully carried out the business plan established in 2011. Helmet Capital, other investors and key owners decided that it was the right time to liquidate the return on investment and to sell the Company’s majority stake to the next entity.
While surveying potential buyers and investors, we identified a strong candidate to support the further growth of Wise Group Finland in Intera Partners. We especially believed that Intera’s strong experience and knowledge of the fields of building construction and renovation would support Wise Group Finland’s key owners in implementing their plan on further growth.
We presented Wise Group Finland to Intera and our views on its development possibilities, after which we began collaboration with Intera to implement a transaction. We acted as Intera’s advisor, responsible for various areas of the arrangement.
The common goal for Wise Group Finland, Intera and the key owners is to further extend the Company’s building construction business, to expand to infrastructure and cities technologies and to internationalize the Company within the coming years.
In the beginning of 2017, Wise Group Finland successfully implemented the expansion to infrastructure and cities technologies by merging with Sito Oy.