Eezy Plc expands its service offering by acquiring the majority of the shares of KK Valmennuskeskus Oy

EEZY PLC – PRESS RELEASE – NOVEMBER 1, 2021 AT 9:30 AM

Eezy Plc expands its service offering for the public sector and young people by acquiring the majority of the shares of KK Valmennuskeskus Oy.

Valmennuskeskus Public, the core business of Valmennuskeskus, provides nationwide training, mentoring, guidance and rehabilitation services in public administration to over 8,000 people each year, employing over 100 recruitment specialists , career coaches and instructors. More than 3,000 people are employed by the services of Valmennuskeskus Public each year.

Valmennuskeskus has also been organizing entrance examination courses for upper secondary students since 1975. Its courses are attended by more than 10,000 young people per year.

The company’s turnover in the last accounting period was around 10 million euros and its profit was around 1 million euros. Eezy Plc will buy an 80% stake in the company, with the intention of increasing its stake to 100% at a later stage. The purchase price is around 5 million euros. Approximately € 1 million of the purchase price will be paid with new Eezy shares.

Heads of units Antti Kasanen and Janne Nousiainen will remain as employees and minority owners of the company.

With the transaction, Eezy aims to improve its ability to tackle the workforce match issue by helping those struggling to find employment and foreign workers to integrate into the Finnish labor market. The Valmennuskeskus Student Education Services will help Eezy to offer its services to young people at an earlier stage in their life. In the future, Eezy will be able to help young people find a place in the educational institution of their choice and find work while studying.

The transaction was finalized today, November 1, 2021.

“I am very happy that the wonderful revolutionary services of Valmennuskeskus are part of Eezy. According to our strategy, the new services will increase our social importance as an innovator in the labor market and an active employer. The goal of our operations is to focus on individual success and build partnerships that last throughout people’s careers. In this sense, Valmennuskeskus is the perfect acquisition because it will allow us to help young people achieve their educational ambitions and, with the operations of public enterprise, offer everyone a chance to succeed in professional life.Says Sami Asikainen, CEO of Eezy Plc.

“I think it’s great that the success of Valmennuskeskus continues as part of Eezy. Valmennuskeskus’ more than 40 year journey has been an eventful one, and the scope and offering of our company has become very diverse along the way. Eezy seems like a natural fit for Valmennuskeskus, as the company will now be able to offer even more tangible and direct paths to the job market after coaching and training. Student clients of Valmennuskeskus will also have an easier way to establish contacts with professional life. Valmennuskeskus has grown into one of the largest and best-known training and coaching companies in Finland within the family business Kasanen. Thanks to the transaction, the company will play an even more important role in the service of Finnish working life and continue its wonderful development,Says Kari Kasanen, Founder and Chairman of the Board of Directors of Valmennuskeskus.

For more information, please contact:
EezyPlc
Sami Asikainen, CEO
[email protected]
Phone. +358 (0) 40 700 9915


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