Kare Group Oy

What Kare Group Oy does

Kare Group Oy is a privately-held Finnish investment company headquartered in Espoo that was founded in 2005 by Jake Aalto. The firm makes both minority and majority equity investments in unlisted Finnish small and medium-sized enterprises as well as direct real estate assets, operating as an active, long-term owner that provides board-level involvement, strategic expertise, networks and capital to portfolio companies. Its portfolio spans four segments — services (staffing, financing, accommodation, marketing), industry (precision mechanics, sustainable aquaculture), real estate (residential, commercial, hotels, land), and renovation — held through operating subsidiaries such as Workteam Group Oy (staffing/personnel services) and Sorvi Finland Oy (precision-mechanics platform).

The firm's underlying technology is concentrated in its portfolio companies rather than in a centralized Kare Group platform. Notable proprietary assets include Finnforel's indoor-tank rainbow trout aquaculture concept covering the full value chain from breeding to branding, Divicon Oy's diagnostics display hardware and device-lifecycle management software, and Suomen Tulkkauspalvelu Oy's proprietary rapid interpretation software. The firm does not develop or sell technology products itself; instead, it provides active ownership services, board work, M&A support, and capital deployment in support of portfolio growth.

Kare Group's economic model is a private-equity / holding-company model: it generates returns through dividends, capital appreciation, and realized capital gains on exits, alongside income from real estate holdings. Recent realized exits include the 2025 sale of Telinerent Oy (scaffolding rental) and the June 2026 sale of Restok Group Oy to Sweden's Pinerock Group. The firm has also attracted large third-party capital partnerships (notably the €75 million agreement between portfolio company Finnforel and Abu Dhabi state fund ADQ in December 2024). Investment terms, management fees, AUM and carried-interest structures are not publicly disclosed, and the firm has raised no external institutional capital based on available information.

Name

Kare Group Oy

Legal name

Kare Group Oy

Website

https://karegroup.fi

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

1–10 employees

Short description

Kare Group Oy is a Finnish private investment company founded in 2005 that takes long-term minority and majority stakes in unlisted Finnish SMEs and real estate assets, providing active board-level ownership across services, industry, aquaculture and accommodation sectors.

Ownership category

akta.pro rank

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Investment Returns and Capital Gains: Kare Group generates returns through active ownership in portfolio companies, executing exits (such as the sale of Restok Group to Pinerock in 2026, and Telinerent to Telinepartio in 2025) to maximize shareholder value. Revenue comes from dividends, capital gains on exits, and appreciation in portfolio company valuations.
2. Real Estate Investment Returns: Income from residential and commercial real estate investments including apartments, business premises, hotels, and land holdings. Properties include KOY Mittatie 20, Pihlas Resort, Casual Homes Oy, KOY VALO Helsinki, and Pyhä Tsokka Oy.
3. Board and Management Services: Kare Group provides portfolio companies with strategic board expertise, management oversight, financial administration, contract management, and strategic guidance as part of its active ownership model, which supports portfolio company growth and eventual exit value maximization.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Kare Group Oy is a Finnish private investment company that makes minority and majority investments in profitable, growing unlisted SMEs and in residential and commercial real estate. The firm acts as a long-term active owner, providing portfolio companies with growth capital, board-level strategic expertise, networks, M&A support, and operational guidance to help them grow profitably and execute successful exits. Its portfolio spans staffing/personnel services, precision mechanics manufacturing, sustainable aquaculture, bedrock construction, invoice financing, healthcare diagnostics displays, furnished accommodation, and luxury hospitality real estate.

Product overview

Kare Group Oy is a Finnish investment company operating as a holding and private equity firm rather than a technology product company. The company provides investment services to unlisted SMEs and real estate, organized around four portfolio segments: Services (staffing, financing, marketing, accommodation), Industry (precision mechanics, food/agtech), Real Estate (residential, commercial, hotels, land), and Renovation (construction). Key sub-brands include Workteam Group (staffing services) and Sorvi Finland (industrial manufacturing platform). The firm offers strategic expertise, capital, networks, and board work support to portfolio companies, not software products or technology platforms.

Differentiator

Problem solved

Functional benefit

Products and services

• Kare Group Investment Services Long-term capital, strategic expertise, networks, and active ownership support for profitable growing unlisted Finnish SMEs and real estate investments. The firm makes both minority and majority investments across services, industry, real estate, and renovation sectors.
• Kare Invest Oy Investment vehicle executing active ownership, board-level value creation, and exit transactions (e.g., the 2026 sale of Restok Group to Pinerock Group).
• Workteam Group Oy Wholly-owned staffing and personnel services platform comprising Base Staffing, Aaltovoima, Aalto Eesti, Laskutan.com, and Suomen Tulkkauspalvelu, serving construction, industry, and service sectors with flexible workforce solutions.
• Sorvi Finland Oy Industrial manufacturing platform consolidating precision mechanics and engineering companies (Lajupek Oy, Steel Vision Oy) into an integrated subcontracting network serving defense, health technology, energy, forestry, and heavy industry sectors.

Quantifiable outcome

• Revenue increased from approximately €13.8M to over €20M during ownership period (Restok Group, 2021–2025)
• +5 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Panostaja Oyj: Finnish investment company listed on Helsinki exchange that makes majority and minority investments in Finnish SMEs with active ownership. Highly comparable business model of diversified portfolio companies with board-level engagement.
• Partnera Oy: Finnish investment company engaged in industrial and real estate holdings with active ownership strategy. Similar diversified portfolio approach targeting Finnish SMEs and real estate assets.
• Sentica Partners: Finnish private equity firm focused on Finnish SMEs with active ownership approach and similar target company profile. Comparable in scale and investment philosophy to Kare Group's SME-focused model.

Broad incumbents

• Norvestor: Nordic private equity firm focused on mid-market buyouts in the Nordic region. Overlaps with Kare in Nordic SME investment focus but operates at meaningfully larger scale.
• Intera Partners: Finnish private equity firm focused on lower mid-market companies in the Nordics. Comparable investment focus on SME buyouts but at larger deal sizes than Kare typically executes.
• Adelis Equity Partners: Nordic private equity firm focused on mid-market growth and buyout investments across the Nordic region. Comparable in Nordic SME focus but with larger typical deal sizes.
• CapMan: One of the largest Nordic private equity firms headquartered in Finland, operating across multiple strategies including buyout, growth equity, and real estate. A broader incumbent competitor for Finnish SME investment opportunities.
• EQT: Major global private equity firm with Nordic roots and strong presence in Finnish SME investments. Operates at much larger scale than Kare but competes for the same upper mid-market Nordic opportunities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/kare-group-oy

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kare Group Oy