Sale of Evondos Group

Serendipity Partners

Posted on

8 May

2020

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Fast facts

Status:

Completed

Cross-border:

Yes

Deal value:

Not disclosed

We advised Serendipity Partners and other sellers in the sale of Evondos Oy, the leading Nordic welfare technology provider of medicine dispensing devices and services to professional home healthcare, to Verdane, a Northern European specialist growth equity investor.

Evondos Group is headquartered in Salo, Finland with offices also in Norway, Sweden and Denmark. In 2019, Evondos Group had annual revenues of approximately EUR 7 million and currently has 85 employees.

Serendipity Partners is a Norway-based private equity investor focusing on healthcare companies, especially in the Nordics.

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