Firm at a glance
Vaaka Partners is a platform private equity firm headquartered in Helsinki, Finland, per its own website [S1].
What they buy
The firm operates across the Nordic region, maintaining offices in both Helsinki and Stockholm [S1]. Recent transaction activity indicates a focus on mid-market businesses in the region, with acquisitions including Hultström Group and Eltrea during 2026 [S1]. The firm has demonstrated willingness to execute exits as well, divesting Lyyti in December 2025 [S2] and Foreship in June 2025 [S3].
Portfolio
No current portfolio companies were publicly disclosed in materials reviewed as of January 2025. Recent exits include Lyyti, divested in December 2025 [S2], and Foreship, sold to Italy’s RINA in June 2025 [S3].
Recent activity (last 24 months)
* **June 2026**: Acquired Hultström Group [S1]
* **May 2026**: Acquired Eltrea [S1]
* **December 2025**: Exited Lyyti [S2]
* **June 2025**: Exited Foreship to RINA [S3]
How this firm fits a seller
Vaaka Partners appears to maintain an active acquisition program in the Nordic market, completing two platform acquisitions in the first half of 2026 [S1]. The firm’s recent exit activity, including two divestitures within a 12-month period [S2][S3], suggests an operational approach oriented toward value creation and timely realizations. For owner-operators in Finland or Sweden seeking a regional buyer with demonstrated transaction execution capability, Vaaka Partners represents a potentially relevant acquirer, though specific sector preferences and deal size parameters were not publicly disclosed in materials reviewed.
Sources
[S1] https://vaakapartners.fi (as of 2025-01-15)
[S2] https://www.ey.com/en_fi/insights/strategy-transactions/deals/ey-parthenon-advises-vaaka-partners-on-lyyti-s-divestment-to-superoffice (as of 2025-12-10)
[S3] https://www.tradewindsnews.com/technology/italys-rina-buys-finnish-design-and-data-firm/2-1-1834624 (as of 2025-06-18)
Frequently asked questions
Does Vaaka Partners buy businesses in specific sectors?
Specific sector preferences were not disclosed in publicly available materials reviewed as of January 2025. Recent acquisitions include Hultström Group and Eltrea [S1], though detailed sector classifications for these targets were not available in the materials sourced. The firm’s exit of Foreship, described as a design and data firm [S3], and Lyyti [S2] suggest some historical activity in technology-adjacent businesses.
What companies has Vaaka Partners acquired recently?
The firm acquired Hultström Group in June 2026 and Eltrea in May 2026, per its website [S1]. These represent the most recent publicly disclosed acquisitions in materials reviewed.
Where is Vaaka Partners based and how big is the firm?
Vaaka Partners is headquartered in Helsinki, Finland, with an additional office in Stockholm, Sweden [S1]. Fund size, assets under management, and team size were not disclosed in publicly available materials reviewed as of January 2025.
Is Vaaka Partners still actively acquiring?
Yes, the firm completed two acquisitions in the first half of 2026, with Eltrea acquired in May and Hultström Group in June [S1], indicating ongoing acquisition activity as of mid-2026.
This profile is maintained by CT Acquisitions as an independent third-party reference. CT Acquisitions is not affiliated with, endorsed by, or a representative of the firm profiled. All facts sourced from publicly available materials as of the dates cited.