Intera-owned Stella Care Oy sells Stella Kotipalvelut Oy
Stella Kotipalvelut Oy is a company specialized in home care services, with a turnover of EUR 24 million in 2020. The company’s business has grown strongly over the last years, and it has become one of the industry’s leading players in home care and personal assistance.
Finnish-owned 9Lives, which specializes in demanding mobile healthcare services, will acquire all shares of Stella Kotipalvelut Oy. The companies’ operations will be fully merged during 2022. As a result of the transaction, Stella Care, which is owned by Intera Fund II Ky, will no longer have any operational business, as the company had already previously sold its other businesses.
Stella Kotipalvelut was established by Intera in 2014, when Doctagon Oy, which provides home health services, and the home cleaning service company Kodinavux Oy merged to form Stella Kotipalvelut Oy. The company’s goal was to become a leader and pioneer in home services. Stella Home Services has continued its customer-oriented growth story through acquisitions and strong organic growth. Today, Stella employs approximately 1,600 health care and personal care professionals who will join 9Lives as existing employees.