The founding partners of DevCo have experience from over 20 transactions worth in excess of 6 billion euros

Otto Kukkonen - Partner

Prior to co-founding DevCo, Otto worked at RIT Capital Partners as responsible for their private investments portfolio and at Merrill Lynch International with focus on Nordic M&A

Lauri Stadigh - Partner

Prior to co-founding DevCo, Lauri worked at EQT Partners and Bain & Co with focus on developing Nordic medium-sized companies

Teemu Alahuhta - Partner

Prior to co-founding DevCo, Teemu worked at EQT Partners, McKinsey & Co and Goldman Sachs with focus on Nordic M&A and developing medium-sized companies

Matias Karioja - Associate

Prior to joining DevCo, Matias worked at Citigroup and Antin Infrastructure Partners with focus on European M&A in industrial and infrastructure sectors

Johannes Vanne - Associate

Prior to joining DevCo, Johannes worked at Nordea Investment Banking Advisory and MCF Corporate Finance with focus on Nordic M&A and equity capital markets

Matti Alahuhta - Chairman of DevCo

Matti was the President of KONE Corporation during 2005, and President and CEO of KONE Corporation from 2006 to 2014. Prior to KONE he spent 26 years at Nokia, where he was a member of the Group Executive Board for the last 12 years.

Currently, he serves on the boards of: Outotec (Chairman), DevCo Partners (Chairman), KONE, ABB and Volvo AB.

Sari Baldauf - Senior Advisor

Sari held several key managerial positions during her 22 years at Nokia. She was EVP and General Manager of Nokia Networks between 1998-2005 and member of the Group Executive Board between 1994-2005.

Currently, she serves on the boards of: Vexve Holding Oy (Chairman), Aalto University, Daimler AG, and Nokia Corporation.

Kerttu Tuomas - Senior Advisor

Kerttu has worked at KONE Corporation as an Executive Vice President, Human Resources and as a member of the Executive Board from 2002 until 2017.

Currently, she serves as Vice Chairman of the Board of Kemira Oyj, as board member at Huhtamäki Oyj,  Medix Biochemica Group Oy and the Finnish National Opera and Ballet.

Klaus Cawén - Senior Advisor

Klaus has been a member of the KONE Executive Board since 1991, and at KONE since 1983. He is currently responsible for M&A and Strategic Alliances, Russia, Legal Affairs.

Currently, he serves on the board of: Outotec, Oy Karl Fazer Ab, East Office of Finnish Industries Ltd, Toshiba Elevator and Building Systems Corporation (Japan), and Ilmarinen Mutual Pension Insurance Company (Supervisory Board).

Irmeli Millner - Office Manager