CapMan Special Situations invests in assisted residential care
Summary
The CapMan Special Situations I -fund invests in two providers of assisted residential care for the elderly, Nonna Group Oy and Aurahovi Oy, with the aim of building a leading nationwide operator in the sector.Both companies offer tailored housing and care services to meet the diverse needs of the elderly. Nonna Group, founded in 2020, operates five units located in Rovaniemi, Oulu, Turku and Kuopio, with estimated revenue of approximately 5 million in 2024. "Assisted residential care addresses the growing need to provide seniors with meaningful daily life and tailored support. By bringing together two strong companies, we are laying the foundation for a nationwide operator with excellent potential for growth and societal impact. Both companies have great potential, an excellent workforce and satisfied customers, providing a solid foundation for future success, comments Jere Pessala, new CEO of Nonna Group and Aurahovi.Investments in Aurahovi Oy and Nonna Group Oy constitute the seventh investment for the CapMan Special Situations I fund.For more information, please contact:CapMan is a leading Nordic private asset expert with an active approach to value creation and 6.4 billion in assets under management.