Eltrea Group Oy
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Eltrea Group Oy - overview
Established
2024
Location
Helsinki, -, Finland
Primary Industry
Construction
About
Based in Finland, Eltrea Group Oy specializes in electrical contracting services, focusing on comprehensive solutions for construction and renovation projects within the electrical building technology sector. Founded in 2024, Eltrea Group Oy operates in the electrical contracting sector, providing essential services in both new construction and renovation projects. The company has conducted one deal, and on May 21, 2026, Vaaka Partners acquired a majority stake in Eltrea Group Oy, enabling the company to accelerate its growth. Eltrea is headquartered in Helsinki, Finland, and was established by a group of industry professionals with significant experience in electrical services.
Eltrea specializes in electrical contracting services, focusing on both new construction and renovation projects within the electrical building technology sector. The company provides comprehensive solutions that encompass installation work and extensive planning expertise, ensuring they are integral to the construction process. Their services cater to a diverse clientele, including property developers, commercial real estate owners, and renovation contractors, with a notable emphasis on large commercial properties and significant construction sites. Eltrea operates beyond the Helsinki metropolitan area, aiming to serve broader markets across Finland, actively modernizing the electrical contracting landscape.
Eltrea generates revenue primarily through direct contracts with clients in the construction and renovation sectors, with engagement agreements covering both installation services and design planning. Billing may occur on a fixed-price basis or through a combination of time and materials, determined by project scope and client requirements. This approach fosters long-term relationships with customers, positioning Eltrea as their preferred electrical contractor. The company is positioned for growth as it continues to attract new talent and expand its service offerings within the Finnish market.
In May 2026, following the acquisition by Vaaka Partners, Eltrea Group Oy plans to accelerate its growth initiatives. The funding from this acquisition will support the company's strategy to expand into new markets and geographic regions, focusing on leveraging its capabilities in electrical contracting. Eltrea aims to introduce new services and products in alignment with market demands, although specific details on upcoming launches have yet to be disclosed.
Primary Industry
Construction
Sub Industries
Construction
Website
www.eltrea.fi
Verticals
Infrastructure
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Eltrea Group Oy - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Announced | Eltrea Group Oy | - | ||||||||
| Add-on | Announced | Oy Sähkö-Vendelin Ab | - |
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