References

CAG has completed over 500 cases. More references will be added on this page.

Onninen Oy

Corporate governance system

Airfix Aviation Oy / Merropoint Oy

Advisor services in VAT related matters

Transtech Oy

Business and market analysis

Vaasan Oy (Vaasan & Vaasan Oy)

Ownership arrangement (advisor to the management)

Himos-yhtiöt

Financial restructuring

Skaala Group Oy

Acquisition process

Airfix Aviation Oy

Divestment

Vaasan Oy (Vaasan & Vaasan Oy)

Financial arrangement for MBO

Reka Oy

Acquisition of a company

Lapland Hotels Oy

Valuation of an acquisition target

Reka Oy

Valuation for an ownership arrangement

Nurminen Logistics Oyj

Analysis of loan portfolio

Fazer Oy

Synergy analysis

Silta Solutions Oy

Information memorandum update

Amer Sports Oyj

Incentive scheme

Huippupaikat Oy / Eisu Oy

Financial arrangement

Huippupaikat Oy / Eisu Oy

Ownership arrangement

Lappset Group Oy

Business plan

Saga Furs Oyj

Analysis of the financing function

Brandt Group Oy / Mock Doors Oy

Business analysis

Lapland Hotels

Valuation of an acquisition target

Neo Industrial Oyj

Independent Business Review

Suomen Autokatsastus Oy

Valuation, advising on an acquistion process

Cultor Oyj / Vaasan Oy (Vaasan & Vaasan Oy)

Acquisition / Developing acquisition process

Finnvera Oyj

Business plan for a client

Kempinvest Oy

Business Due Diligence on an investment target

Finnair Oyj

Management training on the portfolio strategy

Junttan Oy

Business plan

Posti Group Oyj

Divestment

Outokummun Metalli Oy

Valuation

Ministry of Transport and Communications

Corporate governance system

Arvo Piiroinen Oy

Advisor to the management

Arvo Piiroinen Oy

Ownership arrangement

Tampereen Teknologiakeskus Hermia Oy

Financial arrangement

Koskisen Oy

Debt financing of EUR 120 million

Edita Oyj

Incentive scheme

Suomen Posti Oyj

Acquisition process

Lapland Hotels / Olostunturi Oy / Wintertestcenter Oy

Portfolio analysis

Nordea Bank Finland

Collateral valuation

Huippupaikat Oy

Valuation for divestment

Pellopuu Oy

Business analysis

Conorin Oy

Information memorandum

Siemens Osakeyhtiö

Business analysis on an acquisition target

The Ownership Steering Department in the Prime Minister’s Office

Market analysis on Finnish shipbuilding industry

Järvi-Suomen Portti

Valuation

Marioff Oy

Business plan

Nordic Investment Bank

Business analysis of investment target companies

Sitra / Finnvera Oyj / TeknoVenture Oy

Business analysis on a client company

Ministry of Transport and Communications

Incorporation study

MTV Oy / Uutisvirta Oy

Advising on a joint-venture process

Högfors Oy

Valuation

Jospak Oy

Pre-feasibility study

Onninen Oy

Incentive scheme

Sinituote Oy

Valuation of an acquisition target

Kunta-asunnot Oy

Developing group structure

Puhos Board Oy

Financial arrangement

Posti Group Oyj

Portfolio analysis

Vacon Oyj

Joint-Venture analysis

Arvo Piiroinen Oy

Portfolio analysis

Radiolinja Oy

Second opinion on valuation

Inion Oy

Financial arrangement

Arthur D. Little Ab

Market analysis

Apetit Oyj (Lännen Tehtaat Oyj)

Financial arrangement

Karinne Oy

Business plan

Airfix Aviation Oy

Independent Business Review

Vaasan Oy (Vaasan & Vaasan Oy)

Acquisition of a company

Reka Kaapeli Oy

Market analysis, Russia

Uutechnic Group Oyj (Vaahto Group Oyj)

Divestment of a business unit

Tampereen Teknologiakeskus Hermia Oy

Development of seed funding system

Saga Furs Oyj

Incentive scheme

Destia Oy

Incorporation process

Paloheimo Oy / Etelä-Hämeen Kunnossapito Oy

Valuation

Arctech Helsinki Shipyard Oy

Advance payment bond of EUR 124 million

Finnvera Oyj

Development of the company analysis process

Isku-Yhtymä Oy

Portfolio analysis

3 Step IT Oy

Equity financing of EUR 5 million

Fazer Oy

Acquisition target analysis

Flowrox Oy (Larox Flowsys Oy)

Valuation

Konecranes Oyj / Veo Oy (Vaasa Engineering Oy)

Business analysis

Saga Furs Oyj

Business benchmark in Europe

Teknos Group Oy

Financial restructuring

Versowood Group Oy

Feasibility study

Airfix Aviation Oy

Business analysis

Isku-Yhtymä Oy

Industry arrangement

Ab Rani Plast Oy

Sale process

Sponda Oyj

Incentive scheme

Finnair Oyj

Portfolio analysis and incentive scheme

The Ownership Steering Department in the Prime Minister’s Office

Valuation

Lankapaja Oy

Ownership arrangement

Asianajotoimisto Karvo, Mella & Salo Oy

Valuation for the Arbitration court

Teknos Oy

Restructuring analysis

Nuukari Oy / SoliferPolar Oy

Business analysis

Teknos Oy

Business acquisition

Olostunturi Oy / Lapland Hotels

Acquisition of a company

Sormat Oy

Business plan

Wintertestcenter Oy

Feasibility study

Posti Group Oyj

Business plan for divestment

Finnvera Oyj

Portfolio analysis on a client company

Nefco Nordic Environment Finance Corporation

Valuation

Sitra

Business analysis on a client company

Petrasol Oy

Business plan / Information memorandum

Finnish Central party

Business Due Diligence

Isku-Yhtymä Oy

Divestment of Direktlaminat AB

Reka Kaapeli Oy

Feasibility study

VTT Expert Services Oy

Market analysis

Gemalto Oy (Setec Oy)

Incentive scheme

Saga Furs Oyj

Business analysis and strategy process

KoskiPower Oy

Valuation

Isku Oy / Lundia Oy

Synergy analysis

LTM Company Oy

Business plan

Finavia Oy

Business analysis

Ministry of Transport and Communications

Valuation

North European Invest Oy

Portfolio analysis

Pouttu Oy ja Snellman Lihanjalostus Oy

Industry arrangement

Yllästunturi Oy

Ownership arrangement

Finndomo Oy

Divestment of subsidiaries in Sweden

Nurminen Logistics Oy

Debt portfolio analysis

FIT Biotech Oy (Finnish Immunotechnology)

Advising on a joint-venture process

Saga Furs Oyj

Supplier survey and market analysis

Airpro Oy / RTG Ground Handling Oy

Business strategy

Paloheimo Oy

Incentive scheme

Teknos Winter Oy

Business analysis

Vaasan Oy (Vaasan & Vaasan Oy)

Business analysis

Sitra

Feasibility study

Vacon Oyj

Incentive scheme

Paloheimo Oy

Divestment of Lundia Oy

Incap Furniture Oy

Independent Business Review

Junttan Oy

Equity and debt financing of  EUR 43 million

Apetit Oyj (Lännen Tehtaat Oyj)

Portfolio analysis

Huippupaikat Oy

Valuation

Sitra / Business Finland Oy (Tekes Oy)

Industry arrangement

Huippupaikat Oy

Business plan

Preseco Oy

Divestment

Järvi-Suomen Portti Osuuskunta

Valuation

Nefco / Swedfund International AB

Advisory statement of valuation

K.Hartwall Oy

Synergy analysis

Reka Oy

Feasibility study

Vacon Oyj (Vaasa Control Oy)

Ownership arrangement

Paloheimo Oy / Fenestra Oy

Market analysis, St. Petersburg and the Baltic markets

Amer Sports Oyj

Incentive scheme / Remuneration scheme for the Board of Directors

Nurminen Logistics Oy

Debt refinancing of EUR 23 million

Tamglass Oy

Market analysis

Junttan Oy / Sinituote Oy

Acquisition process

Auramo Oy

Business analysis

Gemalto Oy (Setec Oy)

Business plan

Airfix Aviation Oy

Independent Business Review

Entre Marketing Oy

Business plan and sale of the company

Apetit Oyj
(Lännen Tehtaat Oyj)

Advisory and analysis regarding debt covenants

Fazer Oy

Second opinion on a feasibility study

Pouttu Oy

Incentive scheme

Vacon Oyj

Business plan

HealthEx Oy

Information memorandum

Konecranes Oyj

Ownership arrangement

Cultor Oyj / Vaasan Oy (Vaasan & Vaasan Oy)

Business plan for an ownership arrangement

Nanso Group Oy

Independent business review

Rudus Oy

Divestment of a business unit

Paloheimo Oy

Divestment of a subsidiary

SVUL:n Huippupaikat Oy

Portfolio analysis

PNM-Holding Oy

Independent business review

Citycon Oyj

Incentive scheme

Skaala Group Oy

Ownership arrangement

Jaakko Pöyry Consulting Oy / JP Management Consulting Oy

Incentive scheme

3i Group (Start Fund of Kera Oy)

Information memorandum / Business analysis on several investment targets

S.Y.B. Finland Oy (Sybase Finland Oy)

Business plan

Nefco Nordic Environment Finance Corporation

Valuation

Nurminen Logistics Oyj

Financial modeling and analysis of the structuring options

Paloheimo Oy / Fenestra Oy

Acquisition screening in St. Petersburg and the Baltics

Reka Kaapeli Oy

Feasibility study for a financial arrangement

Ministry of Transport and Communications

Training for government ownership steering

Eyemaker's Finland Oy

Business plan

HealthEx Oy

Independent Business Review

Ministry of Agriculture and Forestry of Finland

Business plan for a newco

IK Investment Partners Ab (Industri Kapital Ab)

Investment analysis

Binderman Oy

Valuation

Lapponia House (Momo House Oy)

Business plan

Reka Oy

Business analysis

YIT Oyj (YIT-Yhtymä Oyj)

Incentive scheme

Pouttu Oy

Valuation

Raskone Oy

Valuation

Posti Group Oyj

Business analysis on an acquisition target

Reka Oy

Financing of EUR 52 million

Sesca Group Oy

Business Due Diligence on an investment target

Metsähallitus

Divestment of a business unit

Järvi-Suomen Portti Osuuskunta

Valuation

Fintra Projects Oy

Divestment

Fazer Oy

Valuation of the Baltic bakeries

Reka Kumi Oy

Financial arrangement

Arctech Helsinki Shipyard / Algador Holdings Ltd

Ownership arrangement of Helsinki Shipyard Oy

Paloheimo Oy

Portfolio analysis

Finnish Industry
Investment Ltd

Commercial due diligence of several client companies

Solagem Oy

Business plan

Arctia Oy (Finstaship)

Business analysis

Skaala Oy

Debt financing of EUR 24 million

Suomen Autokatsastus Oy

Ownership arrangement (advisor to the management)

OnePartner Oy

Business plan

Zander Port Oy

Feasiblity study

J. Kärkkäinen Oy

Business plan

Espotel Oy

Incentive scheme

Flowrox Oy (Larox Flowsys Oy)

Business plan

Tunturipyörä Oy

Portfolio analysis

Konecranes Oyj

Market analysis

Raskone Oy

Market analysis

Arvo Piiroinen Oy

Business analysis

Cultor Oyj

Development of division strategy

Paloheimo Oy / Fenestra Oy / Tiivi-tuote Oy

Synergy analysis

Pouttu Oy

Ownership arrangement

CapMan Oyj

Market analysis

Reka Kaapeli Oy

Financing of EUR 6 million

Cultor Oyj / Vaasan Oy (Vaasan & Vaasan Oy)

Business plan

Master's Innovations Oy

Business plan

Sofia Digital Oy

Business plan and financial arrangement

Reka Oy

Ownership arrangement

Kunta-asunnot Oy

Business analysis

Amer Sports Oyj

Portfolio analysis and incentive scheme

Suomen Autokatsastus Oy

Business plan and information memorandum for privatisation

Teknos Group Oy

GORI Industry -business acquisition from Dyrup A/S

Raskone Oy

Acquisition of a company

The Ownership Steering Department in the Prime Minister’s Office

Restructuring of STX Finland Oy

MariMatic Oy

Business plan

Sotkamo municipality

Feasibility study

Wintertestcenter Oy

Business analysis

Ministry of Agriculture and Forestry of Finland

Incorporation study and business strategy

Meda AB

Acquisition

Finnish Commuter Airlines Oy / Finncomm Airlines

Business plan for a financial arrangement

Raskone Oy

Acquisition of a company (Pajakulma Oy)

Finnvera Oyj

Business analysis on a client company

Ylläs-Ski and Luostotunturi

Information memorandum

Finnair Oyj

Valuation of a business unit

Estar Studios Oy

Information memorandum, financial and ownership arrangement

Teknos Oy

Portfolio analysis

Posti Group Oyj

Second opinion on valuation

Apetit Oyj (Lännen Tehtaat Oyj)

Market analysis

Solagem Oy

Financial arrangement

Finnvera Oyj

Independent business review of a client company

Reka Oy / Reka Kaapeli Oy

Sales of Reka Kaapeli Oy to Neo Industrial

Finavia Oyj

Business benchmark

Reka Oy / Aaltosen Kenkätehdas Oy

Financial arrangement

The City of Juankoski

Second opinion on a valuation

Luhta Oy

Business plan

Cultor Oyj

Portfolio analysis

Skaala Group Oy

Sale of the company

Posti Group Oyj

Incentive scheme for a subsidiary

Kolmeks Oy

Diffusion arrangement

Finnvera Oyj

Business analysis on a client company

Solagem Oy

Incentive scheme

Finndomo Oy

Divestment of subsidiaries

Ministry of Economic Affairs and Employment of Finland

Training for company analysts

CLT Plant Oy

Equity and debt financing of EUR 9 million

Nestor Cables Oy

Financial arrangement

Huippupaikat Oy

Ownership arrangement

Teknos Schou Ltd / Teknos Tranemo AB / Teknos Winter Oy

Business analysis

Isku Interior Oy

Acquisition

Junttan Oy / Excadrill Oy

Business plan

Levin Levi-Market Oy

Valuation

Nordea

Collateral valuation

Paloheimo Oy

Corporate governance system

Brandt Group Oy

Portfolio analysis

Arctia Oy (Finstaship)

Advisory statement

Isku-Yhtymä Oy

Debt financing of EUR 11 million

Vacon Oyj

Valuation and advisory in ownership arrangement

Koskisen Oy

Synergy analysis

Metsähallitus

Divestment of a subsidiary

Solagem Oy

Acquisition of a company

Onvest Oy / Onninen Group

Portfolio analysis

Ministry of Transport and Communications

Second opinion on the management option scheme

Finnvera Oyj

Business development

Transtech Oy

Equity and mezzanine financing of EUR 10 million

Alfons Håkans Oy

Business plan

The Ownership Steering Department in the Prime Minister’s Office

Second opinion / business analysis of STX Finland Oy

Cultor Oyj / Vaasan Oy (Vaasan & Vaasan Oy)

Divestment

Reka Oy / Hyvinkään Metalli Oy

Ownership arrangement

Avaintec Oy (Avain Technologies Oy)

Valuation

Business Finland Oy
(Finpro Oy)

Divestment of a subsidiary

Finndomo Oy

Equity and debt financing of EUR 83 million

Posti Group Oyj

Valuation of an acquisition target

Paloheimo Oy

Ownership arrangement

Tunturipyörä Oy

Ownership arrangement

The Ownership Steering Department in the Prime Minister’s Office

Valuation

Reka Kaapeli Oy

Financial arrangement

Reka Oy / Aaltosen Kenkätehdas Oy

Business plan for a financial arrangement

Helsinki City Transport / Ministry of Education and Culture

Valuation

Transtech Oy

Business plan

Auramo Oy

Second opinion on valuation

Versowood Group Oy (Vierumäen Teollisuus Oy)

Feasibility study

Isku Interior Oy

Feasibility study, Moscow

The Ownership Steering Department in the Prime Minister’s Office

Incorporation process

Flowrox Oy (Larox Flowsys Oy)

Valuation and statement on the value of the shares

SAV-Rahoitus Oyj (Suomen Autovakuus Oy)

Financial arrangement

M-Plast Oy

Expert opinion for the Arbitration court

Lapland Hotels Olos (Olostunturi Oy)

Financial arrangement

Koskisen Oy

Independent Business Review update

Avaintec Oy (Avain Technologies Oy)

Business plan

Reka Oy

Industry arrangement

Oviku Oy

Business plan

Tampereen Teknologiakeskus Hermia Oy

Financial arrangement

Evia Oyj

Incentive scheme

Nordea Bank Ab

Collateral valuation

Wintertestcenter Oy

Financial arrangement

Fazer Oy

Business strategy and strategy process development

Strålfors Oy

Acquisition process

Posti Group Oyj

Divestment

Brandt Group Oy

Diffusion arrangement

Finpro Oy (Finpro ry)

Business plan for incorporation of a business unit

J. Kärkkäinen Oy

Independent Business Review

Cultor Oyj

Business analysis

Lapland Hotels Oy

Portfolio analysis

ABB Management Consulting Oy

Valuation for acquisition

Suomen Turkiseläinten Kasvattajain Liitto

Business analysis

Medix Biochemica Oy

Incentive scheme

Nestor Cables Oy

Valuation

Olvi Oyj

Market analysis

Hydnum Oy

Information memorandum / Business analysis on an investment target

Reka Kaapeli Oy

Independent Business Review

Upofloor Oy

Second opinion statement on a sales process

Vaasan Oy
(Vaasan & Vaasan Oy)

Portfolio analysis

Rukapalvelu Oy

Business plan

Brandt Group Oy

Financial arrangement

Finnvera Oyj

Market analysis for a client company

Neo Industrial Oyj

Acquisition target screening

Vaasan Oy (Vaasan & Vaasan Oy)

Ownership arrangement / MBO