CapMan Special Situations invests in TerraWise
Summary
Tuomas Saarinen will continue as the companys CEO.During the past year and a half, we have managed to turn the business back to profitability. This will also support our profitable growth and improve the companys competitive position, says Tuomas Saarinen, CEO of TerraWise.TerraWise is a frontrunner in the green urban construction space. The TerraWise team has done outstanding work in developing the business and we will continue to support this development together with the team, comments Ari Ky\xf6stil\xe4, Senior Investment Manager at CapMan Special Situations.The completion of this transaction is subject to approval by the Finnish Competition and Consumer Authority.CapMan is a leading Nordic private asset expert with an active approach to value creation and over 5 billion in assets under management. As one of the private equity pioneers in the Nordics we have developed hundreds of companies and assets creating significant value for over three decades. Our objective is to provide attractive returns and innovative solutions to investors by enabling change across our portfolio companies.