Intera-owned Stella Care Oy sells Stella Kotipalvelut Oy

Stella Kotipalvelut Oy is a company specialized in home care services, with a turnover of EUR 24 million in 2020. The company’s business has grown strongly over the last years, and it has become one of the industry’s leading players in home care and personal assistance.

Finnish-owned 9Lives, which specializes in demanding mobile healthcare services, will acquire all shares of Stella Kotipalvelut Oy. The companies’ operations will be fully merged during 2022. As a result of the transaction, Stella Care, which is owned by Intera Fund II Ky, will no longer have any operational business, as the company had already previously sold its other businesses.

Stella Kotipalvelut was established by Intera in 2014, when Doctagon Oy, which provides home health services, and the home cleaning service company Kodinavux Oy merged to form Stella Kotipalvelut Oy. The company’s goal was to become a leader and pioneer in home services. Stella Home Services has continued its customer-oriented growth story through acquisitions and strong organic growth. Today, Stella employs approximately 1,600 health care and personal care professionals who will join 9Lives as existing employees.

Intera’s new real estate management company is now known as Oiva Management

Intera created a new real estate management company by investing in Avara Isännöinti and Provia Isännöinti during the summer of 2021. In the future the company will be known as Oiva Management. Oiva aims to be the market leader and the target is supported by four add-on acquisitions executed in December across Finland. After the acquisitions Oiva Management operates in Helsinki, Espoo, Vantaa, Lahti, Nokia, Tampere, Jyväskylä, Joensuu and Oulu.

Oiva Management aspires to change the real estate industry and challenge the market through transparency, straightforward local service and modern tools. The need for industry transformation stems both from the customers and industry professionals. Oiva employs around 170 real estate management professionals, and its revenue is around 18 million euros.