November 06, 2025
Translink Corporate Finance acted as the advisor to the shareholders of Siskon Siivous on the sale to Northclean
Translink Corporate Finance™ teams in acted as the financial advisor to the shareholders of Siskon Siivous, a well-established and fast-growing Finnish cleaning services firm, on the acquisition by Northclean AB (Northclean), which is a portfolio company of Swedish private equity company Litorina. The acquisition represents Northclean’s first entry into the Finnish market – a strategic milestone that further strengthens Northclean’s platform.
Siskon Siivous boasts a strong reputation and workforce
In recent years, Siskon Siivous has grown within Finland and built long-lasting partnerships with a wide range of satisfied customers. Employing over 1,300 people, the company is well regarded in Finland’s facility services industry for its dependability, customer orientation, and high operational standards.
Comments from Siskon Siivous
Terhi Kotkansalo, CEO of Siskon Siivous, says, “I am thrilled to become part of Northclean, as we share similar core values with a high focus on our employees and customers. I am confident that we will continue to grow and strengthen our position further in the Finnish market.”
Northclean enters a new regional market with the acquisition
For Northclean, this acquisition marks an opportunity to enter a new regional market and enhance its service portfolio for corporate clients throughout the Nordic countries. By combining their strengths, expertise, and commitment to continuous improvement, the two companies aim to create even greater value for their customers.
Comments from Translink Corporate Finance
Pontus Backlund, Partner at Translink CF Finland and Project Lead on the transaction, says, “This is yet another example of private-equity-driven consolidation of traditional business services segments in the Nordics. It also exemplifies how Translink CF is able to support both sellers and buyers in matching successful companies that together can become outstanding multinational companies.”
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Translink Corporate Finance is a world leader in cross-border mid-market M&A advisory services, specialising in transactions ranging from €10M to €250M. Established in 1972, with over five decades of experience, we get the deal done. We are a trusted global group with over 400 experts worldwide, and a proven track record with long-standing clients and deep sector specific knowledge. At Translink Corporate Finance, we are easy to approach, and our core ethos revolves around the pursuit of sustainable value creation for our clients – whose best interests always come first.
Translink Corporate Finance Finland, based in Helsinki, is one of the leading boutique investment banks in Finland. Since its foundation more than 20 years ago, its partners have completed more than 150 successful M&A transactions in different industries working closely together with business partners and industry players, both locally and internationally. In addition, Translink Finland is a Certified Adviser on NASDAQ OMX First North. Visit Translink Corporate Finance Finland
Translink Corporate Finance Sweden is a trusted M&A advisor recognised for its commitment, accessibility, and ability to create real value for clients. We work primarily with owner-managed businesses and private equity firms, providing expert advisory services in acquisitions, mergers, and divestments across more than 30 markets.
Driven by a strong entrepreneurial spirit and deep sector expertise, our team is known for being dedicated, driven, and reliable. We believe that every transaction marks the beginning of a lasting relationship and an opportunity to help our clients achieve the deal of their lives. Visit Translink Corporate Finance Sweden
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