The Swedish company Attendo, majority owned by private equity firm Industri Kapital, has signed an agreement with Sponsor Capital to acquire MedOne. The transaction will result in the formation of the first pan-Nordic social and health care company, with operations in every Nordic country.

MedOne is the leading provider of outsourced health care and social care services in Finland. Its core business is to provide outsourced health care services for the needs of the public sector. Its clients cover 250 cities, districts and hospital districts. In the current year, MedOne is projected to generate revenues of some EUR 110 million (approx SEK 1 billion). Post the transaction, MedOne will continue to operate as an independent company and its current management team will remain with the company as managers and owners.

- MedOne has a focus on providing high quality solutions to patients, clients and the public sector which fits well with Attendo. We will be able to leverage their...