Verso Capital has acquired a majority stake in Vetrospace, making a significant growth investment in the company to accelerate the company’s international expansion efforts and diversify its product offering into new product segments.

Vetrospace is a Finnish company that provides public and private sector organizations with modular working and meeting spaces built primarily with safety, productivity, and functionality in mind. The company’s patented SafeAir3 technology creates a unique controlled microenvironment that minimizes the transmission of and actively eliminates 99.9% of harmful viruses, microbes and particles from the air and from surfaces, while industry leading air quality and sound isolation improve productivity in all-day use.

Established in 2017, Vetrospace has customers in Europe and the US, covering for example one of the leading investment banks in the US, several major listed companies in various industries, and several hospitals in Europe. Vetrospace’s factory, showroom and head office are located in Littoinen, near Turku.

Verso Capital is a growth stage buyout investor that specializes in carve-outs and complex business situations. With experience from over 100 transactions, Verso Capital acquires and invests in European B2B companies and businesses that have good growth potential and revenues up to €50m. Verso Capital is an active owner that creates long term sustainable growth by working with the existing management to solve growth and profitability challenges. Verso Capital manages three funds with over €160M of capital, and has offices in Helsinki, Stockholm, and Munich.

IMAP Finland advised Vetrospace throughout the transaction process.