The client sought to assess the commercial attractiveness and valuation justification for acquiring a leading Finnish private daycare provider. With limited visibility into the early childhood education (ECEC) market and BabyCo’s operational drivers, the investor team needed a structured due diligence to validate growth assumptions, quantify value creation potential, and identify key risks.

However, fragmented public data, varying subsidy schemes, and limited comparables across Nordic markets made it difficult to estimate sustainable margins. Without robust commercial validation, the investment risked overpaying for growth expectations dependent on utilization efficiency and wage control.