Current portfolio

Touhula

A leading Finnish early education service provider operating 120 pre-schools and day-care centers across Finland

Touhula has a unique high-quality education philosophy, encouraging children to engage in natural physical activity and adventure.

  • Sektor
    Services
  • Land
    Finland
  • Ansvarig Advisor
    Vesa Koskinen
  • Fond
    EQT Mid Market
  • Entry
    2016
  • Web
4

Private Capital

Touhula

  • Societal Contribution

  • 4Quality education
  • 8Decent work and economic growth
  • 10Reduced inequalities
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About Touhula
Touhula was founded in 2010 in Oulu, Finland and operates day-care centers and pre-schools in over 50 Finnish municipalities. Touhula has a unique high-quality education philosophy, encouraging children to engage in natural physical activity, adventure, art and culture, and learning new languages.

As a private service producer, Touhula complements the welfare services provided by municipalities and increases the options available to parents in choosing a suitable day-care provider for their children. The majority of Touhula’s day-care centers operate under a voucher model, which ensures equal access to private day care to all families.

Touhula’s goal is to support children’s learning and development, make the daily life of families easier and partner with municipalities in offering high-quality and affordable services.

Market trends and drivers
The Finnish early education market is expected to grow as a result of a higher share of children attending organized day-care. Today the organized day-care penetration in Finland is only 73% compared to 80-90% levels in neighboring Nordic countries. Going forward the penetration of private service production is expected to increase driven by municipalities wanting to offer optionality and high quality and affordable services to Finnish families.

Investment potential
EQT’s strategy is to support the continued growth of Touhula in a long term, sustainable manner through both organic expansion and M&A and strengthen Touhula’s #1 position and quality leadership in the growing Finnish day-care market.

Board of directors

  • Chairperson
    Harri-Pekka Kaukonen
  • Board member
    Pertti Karjalainen
  • Board member
    Vesa Koskinen
  • Board member
    Jaakko Hartikainen
  • Board member
    Riikka Mattila

Management

  • CEO
    Sari Saari
  • CFO
    Piia Klemetti

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