During the ownership period of CapMan and Finnish Industry Investment, Forenom has grown significantly and developed from a Finnish operator into a leading provider of business accommodation solutions in Northern Europe. Today, the company’s portfolio includes more than 9,000 furnished apartments and extended-stay accommodation units across the Nordics and Germany, supported by over 30 local offices and a team of approximately 500 professionals.
As the new largest owner, Bravedo brings strong strategic expertise, a broad service ecosystem and the resources needed to further strengthen Forenom’s competitiveness and develop its services for business customers. Bravedo is also one of Forenom’s original founders and has a deep understanding of the company’s business model and operations.
“Forenom has a strong position in business accommodation solutions, and we see significant potential in scaling our services further. Bravedo’s ownership gives us excellent conditions to develop our operations, improve customer value and strengthen our role in enabling workforce mobility for companies,” says Jussi Saarinen, CEO of Forenom Group.
“During the previous years, Forenom has developed into a true leader in the North European serviced apartments market. Bravedo, together with our co-investors, is excited to invest in Forenom and further support its growth in the future. Providing Bravedo’s customers with innovative workforce solutions in the Nordic countries, including accommodation related services, is core to Bravedo’s strategy, and Forenom complements our capabilities perfectly,” says Heikki Raulo, Head of Investments & Acquisitions at Bravedo.
Forenom’s business and daily operations will continue as normal in all operating countries. The company will continue to focus on business customers and long-stay accommodation solutions across the Nordics and Europe.
For more information, please contact:
Jussi Saarinen, CEO, Forenom Group, +358 44 210 6864
Heikki Raulo, Investments & Acquisitions, Bravedo, +358 40 7191589
About Forenom
Forenom is a leading provider of serviced accommodation solutions in Northern Europe, with a strong focus on business customers. The company specializes in flexible, long-stay accommodation for corporate and project-based needs, and provides scalable accommodation options ranging from individuals or families relocating to a new country to hundreds of project workers travelling on a regular basis. Forenom’s portfolio comprises over 9,000 serviced apartments and extended-stay accommodation units across all major Nordic cities and Germany, generating more than 2.3 million overnight stays annually.
About Bravedo
Bravedo is a leading provider of B2B and public sector services in Finland, delivering integrated solutions that combine human expertise with technology. The group supports organisations in redesigning, optimising, and automating their operations and services to improve efficiency and enable scalable operations.
Founded in 1999, Bravedo operates in 11 countries across Europe and brings together expertise from the group’s nearly 40 specialised companies to serve a wide range of private and public sector clients.