Kamux selected as the Growth Builder of the Year
Kamux Group was selected as the winner of the annual Growth Builder of the Year Award organized by the Finnish Venture Capital Association (FVCA). Growth Builder of the Year is a competition searching for the most interesting and inspiring growth story built together with a private equity investor. Kamux was chosen as the winner among 700 companies.
Kamux intends to continue strong growth in Finnish, Swedish and German markets. “It’s great to see international growth stories also in traditional industries. There are market opportunities also in established businesses,” commented the Chairman of the selection jury Teddie Wardi from Atomico. Karoliina Jarenko, Managing director of Filosofian Akatemia Oy and member of selection jury, was charmed by Kamux Group CEO Juha Kalliokoski’s strong passion for building and sustaining the growth. “Kamux has been very successful in inspiring its staff to superb performance,” commented Jarenko.
Private equity investor Intera Partners Oy invested in Kamux in 2011 to help the company grow in the European market. “We created a common vision for Kamux. In this vision international expansion had a key role and the plan has been realized brilliantly,” comments Jokke Paananen, CEO of Intera Partners and Member of the Board of Directors of Kamux.
“We are currently one of the largest used car sellers in the Nordic countries and want to grow further in Europe. A key success factor driving the growth is the fabulous Kamux staff and their commitment, “says the founder and CEO Juha Kalliokoski.
In addition to Kamux, the finalists were construction consulting, design and services provider Wise Group and global information, technology and consulting services company M-Brain.
“We want to highlight these spectacular growth stories to encourage other Finnish companies to explore ways to expand their operations. Private equity investors have an important role in supporting the growth and internationalization of companies. Growth is worth pursuing, and the Finnish economy benefits from these growth cases”, encourages the Finnish Venture Capital Association CEO Pia Santavirta.