DLA Piper advises MB Funds on acquisition of majority stake in Raksystems

DLA Piper has advised Finnish private equity investor MB Funds on the acquisition of a majority stake in Raksystems Insinööritoimisto Oy (Raksystems), a provider of professional services in the Finnish property industry. Following the acquisition, Raksystems' current management will continue in their roles and as significant shareholders of the company.

MB Funds' investment will accelerate Raksystems’ growth, enable the company to introduce new services faster, and to develop its service offering in line with customers’ needs.

Raksystems is the largest building condition assessment services provider and consultancy firm servicing the property sector in Finland. The company has doubled its net sales over the past four years to the current level of ca. €20 million.

The DLA Piper team in Helsinki was led by Corporate partner Ilkka Liljeroos, assisted by counsels Mikko Luukkonen (Finance, Projects and Restructuring) Jaakko Klemettilä (Tax). They were supported by Corporate associates Antti Eeva and Ida-Sofia Antinluoma.