Pihlajalinna Plc / Itä-Suomen Lääkärikeskus

Alder & Sound was a provider of financial and tax due diligence for Pihlajalinna Plc and its subsidiary Pihlajalinna Terveys Oy in the acquisition of Itä-Suomen Lääkärikeskus Oy (“ITE”) from private owners. Itä-Suomen Lääkärikeskus Oy is the largest private healthcare service provider in the Joensuu area.

The net debt-free value of the acquisition target is EUR 6,8 million. In 2014, ITE’s net sales were EUR 6,5 million.

The agreement is expected to come into force during the first quarter of 2016

For more information (in Finnish): Pihlajalinna ostaa Itä-Suomen Lääkärikeskuksen

A&S due diligence team involved:

Toni Turunen | Partner, Financial Advisory Services

Antti Sauramo | Associate, Financial Advisory Services

Markku Renko | Senior Associate, Tax Services

Mika Sipilä | Senior Associate, Tax Services