17 May Clairfield in Finland merges with leading debt advisory practice
PCA Corporate Finance, Finland’s top M&A advisor and Clairfield’s partner in Finland, has announced a merger with Linnea Advisors, the leading capital structuring and debt advisory firm. The combined business will operate under the PCA Corporate Finance brand and in connection with the transaction Timo Leino and Kalle Helander will become partners at PCA/Clairfield Finland. The merger creates a uniquely qualified owner-managed independent corporate finance advisory firm.
PCA/Clairfield Finland was the clear Finnish market leader in 2016 in number of closed M&A transactions and has advised over 200 transactions in its 25-year history. Merging with Linnea Advisors increases PCA’s footprint and the number of professionals employed to 20.
Linnea Advisors designs and executes financing and capital optimization solutions largely for corporations. Linnea’s recent clients include Versowood, F-Secure, Ahlström Capital, Masino, and Tana Corporation. Linnea’s current partners Timo Leino and Kalle Helander each have over 20 years of international experience in private equity at 3i and Triton Partners, in investment banking at JPMorgan and UBS Warburg, and in management consulting at KPMG, BCG and Booz Allen Hamilton.
Clairfield Finland’s service portfolio now includes M&A, capital raising, balance sheet optimization, and the design of management incentive plans. Its expertise throughout a company lifecycle joins that of Clairfield operations in Europe, particularly in Italy, Germany, Belgium and Spain, which also offer debt advisory services.
“Optimization of capital structure and the tendering of financing will bring a clear competitive advantage for our clients and for both organic growth and M&A based transactions. Through the expertise brought to PCA by the Linnea Advisors team, we can now advise our clients in financing arrangements and active balance sheet optimization even more effectively than before” says Ari Leppänen, managing partner at PCA/Clairfield.
“Our client base mainly consists of mid-sized and large corporations, a large proportion of which are either already international or are in the process of internationalization. Through our global Clairfield International partnership we can provide our clients with opportunities and tools for efficient growth” says Kalle Helander, managing director of Linnea Advisors and now partner at PCA/Clairfield.