Marieholms Industrirengoring AB (MIAB) acquires a 60% stake in N-Clean Oy from group of sellers including Juuri Partners Oy

Aventum Partners acted as an adviser to private equity investor Juuri Partners, Nurmi Family and the other shareholders on the sale of N-Clean. The transaction marks first exit for Juuri Partners, founded in 2015. N-Clean is a leading independent Finnish B2B cleaning services provider serving customers nationwide in Finland and in the Stockholm and Åre regions in Sweden. The company has a strong position in hotel, ferry and facility cleaning in Finland and a growing presence in Sweden. N-Clean was founded in 2004 and has been present in the Swedish market since 2011. In 2018, the revenue of N-Clean exceeded 40 million euros and the Company employed approx. 2 000 cleaning professionals. Following a competitive sale process managed by Aventum in which both domestic and international investors and trade buyers were targeted, N-Clean was sold to family-held MIAB, the largest privately-owned facility services company in Sweden. Founding Nurmi Family retained a 40% ownership share in the business after the transaction. The combination of MIAB and N-Clean has a combined turnover of nearly 100 million euros and will employ a total of 3 500 facility services professionals in Finland and in Sweden. The transaction was signed and closed in January 2019.