Helsinki, March 27, 2024 – Capital investment company Kare Group has signed an important contract The acquisition strengthens Finland's role as a supporter of entrepreneurship and business development in Finland. Carre Group becomes the new principal owner of the financial company Corona Capital Oy and aims to grow the business profitably in favorable market conditions.
Kare Group's goal is to support Corona Capital's next growth leap and explore possible business arrangements within the industry.
“Carre Group invests in successful entrepreneurs and companies that have proven their ability to realize profitable businesses.Corona has been in this industry for a long time and our growth potential is large. With an experienced team supported by the Carre Group, we are already seeing significant growth opportunities at the beginning of our journey,” said Jake Aalto, Chairman of the Board of the Carre Group. I am.
“Corona Capital’s future growth phase requires an experienced partner with a level of ambition as high as ours. We have previously worked with Kare Group and this arrangement It seemed like a very natural choice for us and we are confident that we will have the close cooperation of the Carre Group. “The cooperative approach will help us achieve our goals together.'' said Santeri Barbu, CEO of Corona Capital.
Corona Capital's customers are Finnish small and medium-sized enterprises.The company has loaned more than $180 million More than 28,000 transactions with euros have been made through the platform. Finnish companies are currently facing a difficult market environment in terms of financing due to the increase in the number of customers due to the coronavirus. The company aims for significant and profitable growth with the support of a new principal owner and new financing.
Kare Group Oy is known as a champion of entrepreneurship and is focused on increasing shareholder value and support entrepreneurs. The company is looking for profitable growth companies. Evidence of strong industry expertise, entrepreneurial spirit, and successful business operations.
Jake Aalto said: “Kalle wants to be a reliable partner for companies and entrepreneurs and create better shareholder value. With this acquisition, we strengthen our commitment to the Finnish business community and support the growth and development of Finland. We are ready to help you succeed.”
contact:
Santelli Valve, Corona Capital Oy
Email: [email protected]
Phone: +358 (0) 44 790 9006
Jake Aalto, Carre Group Oy
Email: [email protected]
Phone: +358 41 550 6773
Background information:
Corona Capital is a Finnish company founded in 2013 that specializes in business loans. It focuses on lending to medium-sized companies in Finland.The company is professional Since 2017, we have focused on invoice finance. Corona funds not only its own operations but also its operations. Through our balance sheet and refinance partners. Through its services, the company has raised over 180 million euros in over 28,000 transactions. Corona Capital has a growing number of active customers.
Kare Group Oy is a Finnish investment company that invests in unlisted Finnish companies. By fostering partnerships between management, shareholders and shareholders as long-term owners. along with other stakeholders. The firm seeks profitable growth companies for investment with strong industry expertise, entrepreneurial spirit, and evidence of success. Business activities. Kare wants to be a trusted partner for companies and entrepreneurs creating a better future. Kare Group provides target companies with know-how, financing, networks, The courage to make profits and grow.