Bisnode acquires NN Markedsdata

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Ratos

2016-08-31

Ratos subsidiary Bisnode is strengthening its market position in Denmark through the acquisition of NN Markedsdata, a supplier of credit and market data and data-driven consulting services. The purchase price of approximately DKK 80m (enterprise value) is being financed through equity from the owners, which entails that Ratos will contribute about DKK 55m for its holding.

Bisnode, a leading European Data & Analytics company, is strengthening its market position in Denmark through the acquisition of NN Markedsdata. The company was formed in 1997 and has 40 employees, with its head office located in Aarhus. Its offering focuses on credit and market data and data-driven consulting services, and will be an excellent complement to Bisnode’s core operations.

“Bisnode has a leading position in data & analytics. It will be further strengthened by this strategic add-on acquisition, which is aligned with our strategy going forward. We continue to develop our core operations, strengthen our expertise and offering in data-driven analytics in order to help our customers to drive growth,” says Magnus Silfverberg, CEO of Bisnode.

The acquisition was completed on 31 August 2016.

For further information, please contact:
Elin Ljung, Head of Corporate Communications, +46 8 700 17 20
Magnus Silfverberg, CEO of Bisnode, +46 8 558 059 00

– See more at: http://www.ratos.se/en/Press/Press-releases/2016/Ratos-AB-Bisnode-acquires-NN-Markedsdata/#sthash.hMzfyQTQ.dpuf

Categories: News

EQT Mid Market to invest in TransIP

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  • EQT Mid Market to invest in TransIP, the largest independent domain name, hosting and VPS provider in the Benelux
  • TransIP is EQT Mid Market’s first investment in the region
  • Strengthening of supervisory board with Ali Niknam, founder of TransIP and Jonas Persson, former CTO EMEA at Microsoft, as Chairman

The EQT Mid Market Investment Strategy (“EQT Mid Market”) has agreed to acquire a stake in TransIP Group B.V. (“TransIP” or “the Company”) from its founder Ali Niknam. TransIP is the largest independent domain name, hosting and VPS provider in the Benelux with a focus on tech-savvy customers and IT professionals. The Company is headquartered in Leiden in the Netherlands and has approximately 70 employees. It is the first investment in the Benelux for EQT Mid Market.

Ali Niknam founded TransIP in 2003 and has grown the company to become the largest Dutch player in the market segment, with over 175,000 clients. He will stay on as substantial shareholder and join the board of TransIP. The board is to be strengthened with the experience of Jonas Persson (former CTO EMEA at Microsoft and former CEO at Microsoft Sweden), who will join as Chairman. The existing management will continue to lead TransIP.

EQT Mid Market will support the Company’s continued expansion across both its existing products and markets and will actively assist TransIP in its pursuit of new growth opportunities. EQT will particularly focus on further strengthening the leading position in the tech-savvy market in the Benelux by securing the strong DNA and customer-centric approach. Annual revenues for 2016 are expected at EUR 25m, driven by strong sales growth of above 20% per annum.

Jeroen Hüpscher, CEO at TransIP, said: “TransIP has grown tremendously since its very beginning. We are a leading firm for professional VPS and webhosting services as well as domains and last year also successfully launched ‘STACK’, a Dutch-based online storage solution. We’ve found a great partner in EQT, allowing us to grow beyond the Benelux.”

Ali Niknam, founder of TransIP, said: “’I’m very proud of what we have achieved with TransIP. Through the enormous drive of everyone involved, the Company has entered its mature phase and is ready to grow even further. EQT is a great partner with an eye on long term goals. This will enable us to continue to develop great products that empower people to manage their online presence.”

Jannik Kruse Petersen, Partner at EQT Partners and Investment Advisor to EQT Mid Market, said: “TransIP’s growth story is really impressive. Ali Niknam, Jeroen Hüpscher and the employees have grown TransIP into a market leader, based on a clear focus on customers and products, as well as strong innovative capabilities and culture. We look forward to supporting the Company with EQT’s network and financial capacity to deliver on the ample and clear opportunities.”

The parties have agreed to not disclose details of the transaction. Torch Partners acted as exclusive financial advisor to the founder of TransIP. Raymond James acted as exclusive financial advisor to EQT Mid Market.

Contacts:

Jannik Kruse Petersen, Partner at EQT Partners and Investment Advisor to EQT Mid Market, +45 33 18 12 49

Kerstin Danasten, EQT Press Officer, +46 8 506 55 334

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Reduced number of shares and votes in Kinnevik

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Published: 08:00 CEST 31-08-2016 /GlobeNewswire /Source: Kinnevik / : KINV B /ISIN: SE0008373906

Reduced number of shares and votes in Kinnevik

Kinnevik AB (publ) (“Kinnevik”) today announced that as of 31 August 2016 the total number of shares in the company amounts to 275,466,638, divided into 41,157,144 class A shares with ten votes each and 234,309,494 class B shares with one vote each, of which 350,903 are held in treasury. The total number of votes in the company amounts to 645,880,934.

On 23 May 2016 the Annual General Meeting of Kinnevik resolved on a reduction of the share capital by SEK 230,155.20 by way of cancellation of 2,301,552 class B shares repurchased under Kinnevik’s share repurchase program carried out between 15 February 2016 and 23 March 2016. The reduction was registered by the Swedish Companies Registration Office and the shares were cancelled in August 2016.

The information is of such character, which Kinnevik AB (publ) shall disclose in accordance with the law on Trading with Financial Instruments (1991:980). The information was distributed for disclosure at 08.00 CET on 31 August 2016.

For further information, visit www.kinnevik.com or contact:

Torun Litzén, Director Investor Relations

Phone +46 (0)8 562 000 83
Mobile +46 (0)70 762 00 83

 Kinnevik is an entrepreneurial investment group focused on building digital consumer businesses. We work in partnership with talented founders and managers to create, invest in and lead fast growing digital businesses both in developed and developing countries. Kinnevik was founded in 1936 by the Stenbeck, Klingspor and von Horn families. Kinnevik’s shares are listed on Nasdaq Stockholm’s list for large cap companies under the ticker codes KINV A and KINV B.

Categories: News

Altamir welcomes its new Chief Financial Officer Eric Sabia

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Paris, 29 August 2016 – Altamir is pleased to welcome Eric Sabia as its new Chief Financial Officer, replacing Arthur Rozen.

Eric Sabia has significant experience in private equity, having spent eight years at Fondinvest Capital, a fund-of-funds management company, where he held the position of deputy CFO from March 2008, and CFO from January 2013.

He began his career at PricewaterhouseCoopers in Luxembourg and then in Paris, where he spent five years working as a Supervisor/Auditor in the Financial Services department.

Eric Sabia is a graduate of Montpellier business school and holds a BA in Management and Business Administration from the University of Reading in the United Kingdom.

 

About Altamir

Altamir is a listed private equity company (Euronext Paris-B, ticker: LTA) founded in 1995 and with more than €650m in assets under management. Its objective is to provide shareholders with long term capital appreciation and regular dividends by investing in a diversified portfolio of private equity investments.

Altamir’s investment policy is to invest via and with the funds managed or advised by Apax Partners France and Apax Partners LLP, two leading private equity firms that take majority or lead positions in buyouts and growth capital transactions and seek ambitious value creation objectives.

In this way, Altamir provides access to a diversified portfolio of fast-growing companies across Apax’s sectors of specialisation (TMT, Retail & Consumer, Healthcare, Business & Financial Services) and in complementary market segments (mid-sized companies in French-speaking European countries and larger companies across Europe, North America and key emerging markets).

Altamir derives certain tax benefits from its status as an SCR (“Société de Capital Risque”). As such, Altamir is exempt from corporate tax and the company’s investors may benefit from tax exemptions, subject to specific holding-period and dividend-reinvestment conditions.

For more information: www.altamir.fr

Categories: Personalia

Bregal Fresh Stream intents to buy Verwater from Infestos

Verwater, the global provider of industrial and petrochemical plants, confirms that it is in advanced talks with mid-market private equity fund Bregal Fresh Stream ( “Fresh Stream”) with respect to an investment in dilutive.

If these talks result in an agreement, it is anticipated that Fresh Stream will join as a shareholder in Verwater and Verwater Industrial Services. Independent investment Infestos, the current majority shareholder, which has invested in Verwater in 2014, will retain a significant share of Verwater and continue to play a role in the further operational development of the Group. All current minority shareholders will remain investors in the company.

An investment in Verwater would mark the next step in the continued growth of the company, after Infestos together with the operational board and the management team has implemented a successful turnaround in the past two years, making the company has stabilized and a solid platform for offers further growth.

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Canadian medical technology company LABORIE to become new subsidiary

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Investor

Patricia Industries, a part of Investor AB, has signed an agreement with Audax Private Equity to acquire the Canadian medical technology company LABORIE, which focuses on the diagnosis and treatment of urologic and gastrointestinal disorders that affect the daily lives of millions. LABORIE was founded in 1967 and has grown organically and through acquisitions from a leading manufacturer of capital equipment for urodynamic testing into a fully-integrated medical device company with a market-leading position in urology and a rapidly growing gastroenterology business. LABORIE has an attractive, asset-light business model with a high share of its revenue derived from recurring sales of proprietary consumables. LABORIE’s global manufacturing, development and commercialization capabilities create a solid platform for growth through organic and non-organic expansion in core and adjacent markets, new geographies and further expansion beyond diagnostics into therapeutic products. LABORIE will continue to be run by its current management team, which will remain part-owners of the company.

LABORIE will be the most recent addition to the Patricia Industries portfolio of high-quality growth companies, whose other healthcare holdings include Mölnlycke Health Care, Permobil, Aleris and BraunAbility.

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CEO change at Aleris

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The board of directors at Aleris has appointed Alexander Wennergren Helm as new CEO for the Group. Alexander is currently CEO of Hultafors Group, and has a proven track record of developing high-quality offerings for demanding customers. He will assume his new position no later than February, 2017.

Alexander will succeed Liselott Kilaas, who has been the CEO of Aleris for three years. Liselott will remain as CEO until her successor is in place, and she will continue to work in different capacities for Patricia Industries and Investor AB.

Patricia Industries manages the wholly-owned subsidiaries of Investor AB and is a long-term owner that engages in companies to help make them best-in-class.

Aleris is one of Scandinavia’s leading private care and healthcare service providers, and its wide offering include primary- and specialist care, diagnostics, elderly care and psychiatric care for youth and adults.

Categories: Personalia

Successful exit: Acton sells MyOptique investment to Essilor

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The MyOptique Group, a major European online optical retailer with annual revenues of GBP 57 million, announces today that it has entered into a definitive agreement to be acquired by Essilor International, the world leader in ophthalmic optics.

Subsequent to the transaction the management of MyOptique will remain in place, and will leverage Essilor International’s capabilities to continue growing its leading position in Europe. As part of Essilor, MyOptique will leverage Essilor’s global supply chain and collaborate with its other operating businesses to improve the reach and effectiveness of its business across Europe.

Categories: News

EQT Opportunity Sells TitanX to Tata AutoComp

  • eqt
  • EQT Opportunity sells TitanX, a leading company in the global truck cooling market
  • During EQT Opportunity´s ownership, TitanX has been developed from a carve-out of three factories to a global technology leader in the engine and oil cooling space

Tata AutoComp Systems Ltd (“Tata AutoComp”), EQT Opportunity (“EQT”) and Fouriertransform (“Fourier”) have entered into an agreement whereby Tata AutoComp will acquire TitanX Engine Cooling (“TitanX” or “The Company”).

TitanX is a world leading supplier of powertrain cooling solutions for commercial vehicles. The Company serves most of the western world’s OEMs, including Volvo Trucks, Scania, Iveco and Daimler. TitanX has a yearly turnover of SEK 1.6 billion and manufactures in Sweden, USA, Mexico, Brazil and China.

Tata AutoComp is part of the Tata Group of India, a conglomerate which includes companies such as Jaguar Land Rover in UK and Daewoo Motors in Korea. Tata AutoComp is one of India’s leading vehicle component groups with customers across automotive sectors, from passenger cars to heavy duty trucks and agriculture vehicles.

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EQT Opportunity sells TitanX to Tata AutoComp

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  • EQT Opportunity sells TitanX, a leading company in the global truck cooling market
  • During EQT Opportunity´s ownership, TitanX has been developed from a carve-out of three factories to a global technology leader in the engine and oil cooling space

Tata AutoComp Systems Ltd (“Tata AutoComp”), EQT Opportunity (“EQT”) and Fouriertransform (“Fourier”) have entered into an agreement whereby Tata AutoComp will acquire TitanX Engine Cooling (“TitanX” or “The Company”).

TitanX is a world leading supplier of powertrain cooling solutions for commercial vehicles. The Company serves most of the western world’s OEMs, including Volvo Trucks, Scania, Iveco and Daimler. TitanX has a yearly turnover of SEK 1.6 billion and manufactures in Sweden, USA, Mexico, Brazil and China.

Tata AutoComp is part of the Tata Group of India, a conglomerate which includes companies such as Jaguar Land Rover in UK and Daewoo Motors in Korea. Tata AutoComp is one of India’s leading vehicle component groups with customers across automotive sectors, from passenger cars to heavy duty trucks and agriculture vehicles.

“Under EQT and Fourier’s ownership, TitanX has developed from a carve-out of three factories to a renowned and leading player in the global truck cooling market” says Magnus Hillestad, Director at EQT Partners and Investment Advisor to EQT Opportunity. “EQT is proud to sell TitanX to Tata AutoComp, a great strategic owner for the continued development and growth of TitanX.”

With Tata AutoComp as a new owner, TitanX will be able to leverage their Asian presence by establishing relationships with the leading commercial vehicle OEMs in Asia as well as working together with Tata AutoComp’s purchasing and R&D departments to drive efficiency and new product innovations.

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