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Corporation
INDUSTRIALS | Construction / Construction & Design Services
yitgroup.com

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Investments

1

Portfolio Exits

2

Partners & Customers

10

About YIT

YIT is a diversified Finnish-based company that develops and builds apartments, business premises, and entire areas. It was founded in 1910 and is based in Helsinki, Finland.

YIT Headquarter Location

Panuntie 11, PL 36

Helsinki, 00620,

Finland

+358 20 433 111

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YIT Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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YIT Rank

Latest YIT News

Quadoro’s Acquisition of Bulevardikortteli Office Block in Järvenpää

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.

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YIT Investments Activity

investments chart

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

$99M

1

7/4/2019

Divestiture

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$99M

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10

Date

4/1/2022

7/4/2019

Exit

Divestiture

Divestiture

Companies

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Valuation

$99M

$99M

Acquirer

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Sources

1

10

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

$99M

Acquired

1

6/19/2017

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$99M

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10

Date

4/6/2021

6/19/2017

Investment Stage

Companies

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Valuation

$99M

$99M

Total Funding

Note

Acquired

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Sources

1

10

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

Finland

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10

1/7/2021

Client

Finland

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10

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

Finland

Finland

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 .

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Sources

1

1

1

10

10

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

Senior Vice President

Current

Name

Esa Nykänen

Pekka Helin

Timo Lehmus

Mika Leppänen

Hanna Malmivaara

Work History

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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