Investments
1Portfolio Exits
2Partners & Customers
10YIT Web Traffic
YIT Rank
Latest YIT News
Jul 8, 2021
Castrén & Snellman advised YIT on the transaction. Hannes Snellman acted as counsel to a fund managed by Quadoro Investment GmbH. YIT and the German real estate investment company Quadoro have signed an agreement for the sale of the offices of the Bulevardikortteli block in Järvenpää. The construction of Bulevardikortteli began in the spring of 2021 and will be completed in phases. The entire block is estimated to be completed in 2025. YIT Oyj is the largest Finnish and significant North European construction company. YIT is headquartered in Helsinki and its stock is listed on Nasdaq Helsinki Oy. YIT develops and builds apartments, business premises and entire areas.YIT is also specialised in demanding infrastructure construction and paving. Quadoro is the Doric Group’s real estate division. Quadoro’s core business involves developing, acquiring and managing real estate investments. The Castrén & Snellman team included Antti Kaakkola (Picture), Aleksi Aakula and Lauri Ylönen. The Hannes Snellman team included Juha Lindström, Heikki Vesikansa, Marjaana Martikainen, Ella Rinne, Julia Ranta, Krister Koskela, Jenni Parviainen, Piia Ahonen, Marika Sorsa, and Isabella Kartila.
YIT Investments
1 Investments
YIT has made 1 investments. Their latest investment was in Nuuka Solutions as part of their Corporate Minority on November 11, 2020.
YIT Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
11/19/2020 | Corporate Minority | Nuuka Solutions | Yes | 1 |
Date | 11/19/2020 |
---|---|
Round | Corporate Minority |
Company | Nuuka Solutions |
Amount | |
New? | Yes |
Co-Investors | |
Sources | 1 |
YIT Portfolio Exits
2 Portfolio Exits
YIT has 2 portfolio exits. Their latest portfolio exit was YIT - Russia on April 01, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
4/1/2022 | Divestiture | 1 | |||
Date | 4/1/2022 | |
---|---|---|
Exit | Divestiture | |
Companies | ||
Valuation | ||
Acquirer | ||
Sources | 1 |
YIT Acquisitions
2 Acquisitions
YIT acquired 2 companies. Their latest acquisition was UMA Workspace on April 06, 2021.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
4/6/2021 | Acquired | 1 | ||||
6/19/2017 |
Date | 4/6/2021 | 6/19/2017 |
---|---|---|
Investment Stage | ||
Companies | ||
Valuation | ||
Total Funding | ||
Note | Acquired | |
Sources | 1 |
YIT Partners & Customers
10 Partners and customers
YIT has 10 strategic partners and customers. YIT recently partnered with Makita on December 12, 2021.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
12/22/2021 | Partner | United States | YIT to construct a storage and office property for Makita in Tallinn YIT Corporation and Makita have signed a contract on the construction of office and warehouse facilities in Tallinn , Estonia . | 1 | |
8/24/2021 | Client | Finland | YIT has signed a contract on the second phase of the University of Helsinki Main Building renovation YIT Corporation , as part of an alliance , has signed a contract on the second phase of the University of Helsinki renovation . | 1 | |
5/19/2021 | Client | Sweden | YIT is carrying out earthworks for the expansion of Northvolt's facility in Sweden YIT Corporation and Northvolt Ab have signed an agreement regarding earthworks in Northvolt Ab 's facility in Sweden . | 1 | |
5/10/2021 | Client | ||||
1/7/2021 | Client |
Date | 12/22/2021 | 8/24/2021 | 5/19/2021 | 5/10/2021 | 1/7/2021 |
---|---|---|---|---|---|
Type | Partner | Client | Client | Client | Client |
Business Partner | |||||
Country | United States | Finland | Sweden | ||
News Snippet | YIT to construct a storage and office property for Makita in Tallinn YIT Corporation and Makita have signed a contract on the construction of office and warehouse facilities in Tallinn , Estonia . | YIT has signed a contract on the second phase of the University of Helsinki Main Building renovation YIT Corporation , as part of an alliance , has signed a contract on the second phase of the University of Helsinki renovation . | YIT is carrying out earthworks for the expansion of Northvolt's facility in Sweden YIT Corporation and Northvolt Ab have signed an agreement regarding earthworks in Northvolt Ab 's facility in Sweden . | ||
Sources | 1 | 1 | 1 |
YIT Team
19 Team Members
YIT has 19 team members, including current Chief Information Officer, Senior Vice President, Esa Nykänen.
Name | Work History | Title | Status |
---|---|---|---|
Esa Nykänen | Chief Information Officer, Senior Vice President | Current | |
Pekka Helin | Senior Vice President | Current | |
Timo Lehmus | Senior Vice President | Current | |
Mika Leppänen | Senior Vice President | Current | |
Hanna Malmivaara | ISS World, Saga Communications, Burson Cohn & Wolfe, and European Commission | Senior Vice President | Current |
Name | Esa Nykänen | Pekka Helin | Timo Lehmus | Mika Leppänen | Hanna Malmivaara |
---|---|---|---|---|---|
Work History | ISS World, Saga Communications, Burson Cohn & Wolfe, and European Commission | ||||
Title | Chief Information Officer, Senior Vice President | Senior Vice President | Senior Vice President | Senior Vice President | Senior Vice President |
Status | Current | Current | Current | Current | Current |
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