Funds managed by CapMan Buyout are selling their stake in DEN Group, Finland's top detached house builder, for an undisclosed price.

DEN Group asset
The buyer is a pan-European private capital fund manager, Metric Capital Partners.
CapMan Buyout invested in DEN Group in 2011, helping it become Finland's leading single-family house builder. During CapMan's ownership, DEN Group significantly grew its market share and expanded into new areas.
Currently, DEN Group operates three brands: Designtalo, log house specialist Finnlamelli, and Ainoakoti (a joint brand with Kesko), all offering affordable, eco-friendly, and high-quality housing.
London-based Metric Capital Partners is acquiring DEN Group from CapMan Buyout IX Fund and other existing owners, with the deal expected to close by the end of 2025.
Metric Capital Partners operates in seven European cities and manages over €3.5 bn in assets.
Antti Karppinen, managing partner at CapMan Buyout, said: “DEN Group is a true star in its field, having demonstrated its ability to succeed even in challenging market conditions – including on a European scale. The company is in strong operational shape and ready to accelerate as soon as the market begins to recover. It’s no surprise that DEN has also attracted interest from international investors. I am confident that the new owner is the right partner to take the company to its next level of growth.”
Otto Tarkiainen, CEO of DEN Group, added: “We would like to thank CapMan for its long-term support over the years, which has helped us grow and strengthen our position as the market leader. With the new owner, we are now even better positioned to accelerate growth and development while ensuring the company’s long-term financial stability. We proudly remain a Finnish company, employer, and taxpayer: our production and factories will continue to operate in Finland as we further expand our international presence and strengthen our focus on export growth.”
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