Sentica Buyout Fund III & IV (Finland)

Nothing is more valuable than good health, so getting efficient, professional, trustworthy and comprehensive healthcare when things go wrong is crucial. This is a service that Pihlajalinna, one of Finland’s largest healthcare providers, strives to achieve.

Founded in 2001, Pihlajalinna initially focused on placing locum doctors on behalf of local authorities in the Tampere region. Today staffing services is only a minor part of Pihlajalinna’s business and over the recent years, with the help of Finnish fund manager Sentica, a team which is supported by EIF Pihlajalinna has expanded its geographical reach and service offering. Pihlajalinna offers private health care services including occupational health, dental clinics and surgical services. The fastest growing segment of Pihlajalinna’s business is outsourcing services provided for municipalities, such services may include outpatient clinics or fully outsourced social care and health care services. 

“Pihlajalinna has taken on board highly qualified professionals and well regarded operators who by joining forces with us enabled us to provide across the board services to patients in each of the clinics we operate. This enables us to dispense quality care as our aim is to offer the best to our patients” says Mikko Wiren CEO and founder of Pihlajalinna.

Pihlajalinna operates medical centres and hospitals in the Helsinki and Tampere regions as well as several clinics in other parts of Finland including Pieksämäki, Kankaanpää, Jyväskylä, Lappeenranta and Levi. Fully outsourced services in social and health care are provided for example for Mänttä-Vilppula.

The company, which is partly owned by its staff, today employs over 1,500 healthcare professionals and its estimated sales for 2012 totalled approximately EUR 49m and for 2013 over EUR 100m.

Company: Pihlajalinna (Finland)
Type of business: healthcare
EU-supported investment through Sentica Buyout Fund III & IV

For further information about EIF intermediaries in Finland, please refer to:
http://www.eif.org/what_we_do/where/fi