Finnish Health Care Provider Esperi Taken Over by Creditors

Finnish health care services provider Esperi Care has been taken over by creditors Danske Bank, Finnish pension insurance company Ilmarinen and SEB, according to company statement.

• Transfer of ownership is due to company’s deteriorating financial situation, which “weakened significantly” in 2019
  • Company’s creditors have exercised their right to transfer the company ownership
  • Arrangement allows lenders to secure the company’s financing of operations and ensure continued provision of services to Esperi Care customers
  • Ownership change has no impact on services, personnel or management
• NOTE: Feb. 2019, Finnish PM Tells Private Equity to Put Quality Ahead of Profits

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