Renoa Group Oy

Renoa Group Oy, based in Finland, offers high-quality plumbing, heating, and electrical services alongside home renovation solutions, catering to the growing demands of homeowners and property management companies throughout the country. Founded in 2006 in Jyvaskyla, Finland, Renoa Group Oy specializes in residential renovations, focusing on plumbing, heating, and electrical services. The company has completed over 50,000 projects. Most recently, it underwent a Secondary Buyout in December 2024, raising EUR 88.

00 mn from CapMan, Finnish Industry Investment, and Varma Mutual Pension Insurance Company. The total amount raised by Renoa is EUR 88. 00 mn. The founder's prior experience and achievements are not specified in available information.

Renoa specializes in providing high-quality plumbing, heating, and electrical services, along with comprehensive home renovation solutions. With over 15 years of experience and a track record of executing more than 50,000 projects, the company's core offerings include pipe replacements, heating system upgrades, and electrical refurbishments. Their innovative solutions include composite piping systems with a 30-year warranty and trenchless sewer lining services backed by a 20-year material guarantee, designed to enhance energy efficiency. Renoa primarily serves homeowners and property management companies across Finland, focusing on modern electrical solutions and sustainable home maintenance.

Their customer-centric approach ensures personalized plans and a seamless renovation experience, further supported by their commitment to ISO 9001 quality certification. Renoa's revenue generation is driven through a direct-to-consumer model, where customers engage for residential renovation projects. In 2022, the company's revenue amounted to EUR 10,621,455. 50, with an EBITDA of EUR 353,356.

40. Customers receive fixed pricing for their projects, ensuring transparency, and the firm places significant emphasis on providing value through comprehensive renovation packages. Financing options are also available, allowing clients to manage costs effectively while maintaining high-quality service delivery. Renoa boasts a customer satisfaction rating of 9/10 from past clients, reinforcing its reputation in the home renovation market.

In December 2024, Renoa Group Oy was acquired by Korpi Capital, alongside the company's management and other investors, supporting the firm's growth initiatives. Future plans include the introduction of new products and services, alongside geographic expansion into new markets, although specific details on these initiatives have not been disclosed. The recent acquisition is expected to provide the necessary resources to execute these growth strategies effectively.