Esperi Care Oy

Based in Finland, Esperi Care Oy delivers a wide range of living services for elderly individuals, clients with disabilities, and mental health rehabilitators, committed to improving their quality of life. Esperi Care Oy, established in 2001, is headquartered in Helsinki, Finland, and operates as a provider of living services for vulnerable populations. The company underwent a significant transition in February 2020, when it was acquired by Danske Bank, Ilmarinen Mutual Pension, and SEB from Intermediate Capital Group. The CEO of Esperi Care is Stefan Wentjärvi.

Through its operations, Esperi Care has completed a total of 3 deals, with the latest funding round being a Secondary Buyout amounting to EUR 6. 10 mn. Esperi Care offers a comprehensive range of living services primarily designed for elderly individuals, clients with disabilities, and mental health rehabilitators throughout Finland. Their core product offerings focus on providing safe and supportive living environments, embodying a commitment to enhancing the quality of life for residents.

The company operates various housing facilities that facilitate round-the-clock care or daytime services, ensuring that individual needs and preferences are at the forefront of their service model. Esperi Care serves a diverse client base across major Finnish cities including Helsinki, Tampere, Oulu, and Turku, catering to the unique needs of both residents and their families. These services are continually adapted to meet the evolving requirements of the healthcare sector and societal demands, reflecting an emphasis on personalized care and community integration. Esperi Care reported revenue of EUR 1,781,300.

40 for the most recent year in 2023, with an EBITDA of EUR -672,008. 80. The company generates revenue through a structured model that encompasses various service delivery methods, including direct-to-consumer transactions and partnerships with health organizations. The company facilitates financial transactions primarily via service fees for residential care, which may be structured on a per-resident basis, reflecting the level of care required.

These fees are typically tied to specific offerings, such as round-the-clock assisted living or targeted support for mental health rehabilitation. The revenue dynamics also involve contractual agreements with local municipalities and health authorities, ensuring consistent demand for their services. This approach solidifies Esperi Care’s position in the market, leveraging both public and private sector funding streams to maintain and enhance their service capabilities. Esperi Care aims to innovate and expand its service offerings by developing new products tailored to the evolving needs of its clients.

While specific upcoming launches are not detailed, the company is focused on enhancing its care models. Plans for future expansion include entering new geographic markets within Finland to increase their reach by the end of 2024. The recent funding of EUR 6. 10 mn will support these initiatives, allowing the company to strengthen its service delivery and operational capabilities in response to increased demand.

This follows the recent acquisition in February 2020, which marked a pivotal moment in Esperi Care's growth strategy.