Category Archives: News

Quimper declares the offer for Ahlsell unconditional, will acquire all tendered shares

On 11 December 2018, Quimper AB (a company that has been or will be indirectly invested in by CVC Funds) (“Quimper”)1, announced a public cash offer to the shareholders in Ahlsell AB (publ) (“Ahlsell” or the “Company”) to tender all their shares in Ahlsell to Quimper (the “Offer”). The offer document regarding the Offer was made public on 19 December 2018.

The shares tendered in the Offer at the end of the initial acceptance period on 11 February 2019, together with the shares already held or otherwise controlled by Quimper, and closely related parties, amount to in aggregate 403,296,725 shares in Ahlsell, corresponding to approximately 93.9 percent2 of the share capital and the voting rights in Ahlsell.

Quimper hereby announces that all conditions for completion of the Offer have been fulfilled. Accordingly, the Offer is declared unconditional in all respects and Quimper will complete the acquisition of the shares tendered in the Offer. Settlement for shares tendered in the Offer during the initial acceptance period will take place in accordance with previously communicated plan, i.e. around 19 February 2019.

To provide the remaining shareholders of Ahlsell who have not tendered their shares time to accept the Offer, the acceptance period will be open beyond the end of the initial acceptance period, until 27 February 2019 at 15.00 (CET). Settlement for shares tendered in the Offer during the additional acceptance period is expected to start around 7 March 2019. Quimper reserves the right to further extend the acceptance period for the Offer.

Prior to announcement of the Offer, Quimper, and closely related parties, held in aggregate 109,578,323 shares in Ahlsell, corresponding to approximately 25.1 percent3 of the share capital and the voting rights in Ahlsell. At the end of the initial acceptance period on 11 February 2019, the Offer had been accepted by shareholders representing in total 293,718,402 shares in Ahlsell, corresponding to approximately 68.4 percent4 of the share capital and the voting rights in Ahlsell.

Quimper does not hold any financial instruments that give financial exposure to Ahlsell shares and has not acquired any such shares or financial instruments outside the Offer.

Quimper will initiate compulsory acquisition of the remaining shares in Ahlsell as well as promote a delisting of Ahlsell’s shares from Nasdaq Stockholm.

1 Quimper is a newly formed entity that has been or will be indirectly invested in by funds or vehicles (“CVC Funds”) advised by CVC Advisers Company (Luxembourg) S.à r.l. and/or its affiliates. “CVC” means CVC Advisers Company (Luxembourg) S.à r.l. and its affiliates, together with CVC Capital Partners SICAV-FIS S.A. and each of its subsidiaries.

2 Based on all 436,302,187 outstanding shares in Ahlsell, excluding the 7,000,000 shares which are held by Ahlsell in treasury.

3 Based on all 436,302,187 outstanding shares in Ahlsell, including the 7,000,000 shares which are held by Ahlsell in treasury.

4 Based on all 436,302,187 outstanding shares in Ahlsell, excluding the 7,000,000 shares which are held by Ahlsell in treasury.

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EQT closes fourth Infrastructure fund at EUR 9 billion – strengthens position as a leading global infrastructure investor

eqt

  • EQT Infrastructure IV holds first and final close at EUR 9 billion hard cap after six months of fundraising
  • Strong investor support for EQT’s industrial approach to infrastructure investing
  • EQT Infrastructure IV has made two investments to date; Saur in France and Osmose Utilities Services in the US

EQT today announced that EQT Infrastructure IV (the “Fund”) held its first and final close at its hard cap of EUR 9 billion on March 12, 2019, after officially launching in September 2018. Demand from both existing and new investors was strong, with a majority of the commitments made by investors in the predecessor fund, EQT Infrastructure III, which closed at its EUR 4 billion hard cap in February 2017.

EQT Infrastructure IV will continue to follow the industrial approach to infrastructure investing that has been successfully applied by EQT Infrastructure since its inception in 2008. The Fund will invest in high-quality companies with infrastructure characteristics and strong value creation potential. EQT Infrastructure will leverage its global platform, proven governance model and growth-focused approach to drive performance. The Fund will be supported by a dedicated investment advisory team and EQT’s extensive network of Industrial Advisors.

EQT Infrastructure IV will primarily pursue investment opportunities in Europe and North America and may opportunistically explore opportunities in Asia Pacific. The Fund has made two investments to date: Saur, a leading French drinking and waste water management company, and Osmose Utilities Services, a leading provider of critical inspection, maintenance and restoration services for utility and telecom infrastructure in the US.

Lennart Blecher, Deputy Managing Partner at EQT Partners (acting as exclusive investments advisors to the Fund), and Head of EQT Real Assets, commented: “EQT Infrastructure has a great track record of delivering attractive, risk-adjusted returns to investors since the inception of the EQT Infrastructure platform more than 10 years ago. The successful fundraising of EQT Infrastructure IV confirms investors’ trust in EQT and illustrates the continued demand for infrastructure investments in the Fund’s core regions.”

Christian Sinding, CEO and Managing Partner of EQT Partners, added: “EQT Infrastructure IV marks another important milestone for EQT and manifests our position as a truly leading global investment firm. We are glad to welcome more than 40 new investors to EQT and excited about their trust in our responsible and growth-focused approach to investing.”

The fundraising was led by the in-house Investor Relations team within EQT Partners. Jussi Saarinen, Partner and Head of Investor Relations, said: “We are pleased with the strong support demonstrated by existing and new investors and are very pleased with the high quality of the Fund’s investor base.”

EQT Infrastructure IV is backed by a global blue-chip investor base consisting of, among others, pension funds, insurance companies, sovereign wealth funds, financial institutions, endowments, foundations and family offices. With the closing of the Fund, EQT has approximately EUR 14 billion in infrastructure assets under management.

Contact
Lennart Blecher, Deputy Managing Partner at EQT Partners and Head of EQT Real Assets +41 44 266 68 00
EQT Press Office, press@eqtpartners.com +46 8 506 55 334

About EQT
EQT is a leading investment firm with more than EUR 61 billion in raised capital across 29 funds and around EUR 40 billion in assets under management. EQT funds have portfolio companies in Europe, Asia and the US with total sales of more than EUR 19 billion and approximately 110,000 employees. EQT works with portfolio companies to achieve sustainable growth, operational excellence and market leadership. 

More info: www.eqtpartners.com

About EQT Infrastructure IV
EQT Infrastructure IV is a EUR 9 billion fund that will seek to continue its historically successful strategy of investing in strong-performing infrastructure companies with the potential for significant value creation in sectors with suitable infrastructure characteristics and favorable market trends. The Fund will make primarily equity or equity related investments typically ranging between EUR 100 million and EUR 600 million where the Fund will either hold control or co-control positions or otherwise be capable of exercising a significant influence. The Fund will continue to invest in the core geographies of Europe and North America and may opportunistically explore opportunities in Asia Pacific. The Fund will primarily focus on making investments in the energy, transport & logistics, telecom, environmental and social infrastructure sectors.

The fundraising for EQT Infrastructure IV has now closed. Accordingly, the foregoing should in no way be treated as any form of offer or solicitation to subscribe for or make any commitments for or in respect of any securities or other interests or to engage in any other transaction.

This press release is translated into multiple languages for information purposes only. In case of a discrepancy, this version shall prevail.

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CapMan Buyout to sell Maintpartner’s operations in Finland, Estonia and Poland to Caverion

The funds managed by CapMan Buyout have agreed to sell Maintpartner Group Oy to Caverion.

Maintpartner is one of the leading industrial operation and maintenance companies in Northern Europe operating in Finland, Sweden, Estonia and Poland. Maintpartner provides services in the industrial sectors of energy, chemicals, metal, food and manufacturing. Maintpartner’s net sales were EUR 164 million in 2018, and the net sales of the entity now to be sold were EUR 137 million, most of which came from Finland.

”During CapMan’s ownership period Maintpartner has grown significantly and has established a firm foothold in various industrial sectors. In addition, the company has developed IoT solutions and machine learning analytics for industrial companies to improve their operation and maintenance processes. Maintpartner’s sale to Caverion Industrial Solutions Division provides an excellent basis for further growth and development of the operations”, comments Jan Mattlin, partner at CapMan Buyout.

The acquisition is in line with our Fit for Growth strategy and strengthens our Services business. Our Industrial Solutions division is now fit for growth and we are therefore entering the Growth phase in the division. The acquisition will focus our industrial operations more towards Services business and create a major player in the Finnish market,” says Ari Lehtoranta, CEO and President of Caverion Corporation.

The transaction is subject to approval by the competition authorities. The acquisition includes Maintpartner Group, while excluding the holding company Maintpartner Holding Oy and Maintpartner Group’s subsidiaries and operations in Sweden. The funds managed by CapMan Buyout and the other owners continue as the owners of Maintpartner Holding Oy. The funds managed by CapMan Buyout made an investment in Maintpartner in 2006.

CapMan Buyout is the largest mid-market private equity team in the Nordic region, with 12 investment professionals in Finland and Sweden and 30 years of experience.

For more information, please contact:

Jan Mattlin, partner, CapMan Buyout, tel. +358 40 508 6406

Martti Ala-Härkönen, CFO, Caverion Corporation, tel. +358 040 737 6633

Sakari Toikkanen, Head of Division Industrial Solutions, Caverion Industrial Solutions, tel. +358 040 532 2174

CapMan is a leading Nordic private asset expert with an active approach to value creation. We offer a wide selection of investment products and services. As one of the Nordic private equity pioneers, we have developed hundreds of companies and real estate assets and created substantial value in these businesses and assets over the past 30 years. CapMan employs today approximately 120 private equity professionals and has over €3 billion in assets under management. Our objective is to provide attractive returns and innovative solutions to investors. We have a broad presence in the unlisted market through our local and specialised teams. Our investment strategies cover Private Equity, Real Estate and Infra. We also have a growing service business that includes procurement services, fundraising advisory and fund management services. Altogether, CapMan employs 120 people in Helsinki, Stockholm, Copenhagen, London, Moscow and Luxembourg.

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CSAM Announces Deal to Acquire Arcid AS

Priveq

The transaction further strengthens CSAM’s leadership in the Nordic niche eHealth market
OSLO, Norway (March 12th, 2018) – CSAM announced today that it has signed an agreement
to acquire Arcid – a Norwegian eHealth company that focuses on information flow in the
teleradiology domain.

Arcid provides eHealth solutions that improve workflows and simplify the interaction between
healthcare professionals. Among the company’s best-known products are TRIS, a Radiology
Information System; Arcidis, a teleradiology information solution; and HelseMail, a Software as
Service (SaaS) communication platform that enables the encrypted transfer of large, high
volume, and sensitive patient information.

– The combination of CSAM and Arcid will create an innovative and comprehensive offering in
the medical imaging and connected health markets, enabling us to better serve clinicians and
patients, said Sverre Flatby, CSAM CEO. – Arcid has an impressive reputation for delivering
efficiency, quality, and exceptional patient care with their niche software solutions, and we are
pleased they have entrusted CSAM to carry on that tradition of excellence.

– I am confident that CSAM is the right home for Arcid’s team in this exciting growth period to
come, said Kåre-Bjørn Kongsnes, business developer and majority shareholder of Arcid. –
Integrating our highly competent team of people with CSAM, the leading Nordic niche player
within eHealth, strengthens this viable and powerful position.
The acquisition of Arcid is consistent with CSAM’s strategy to pursue growth through a
combination of strategic M&As and organic sales. The transaction is estimated to close before
the end of the month.

– Arcid’s products are an important complement to CSAM’s software solutions in the medical
imaging and connected healthcare domains, strengthening our leadership in these key market
segments, said Flatby. – The mixture of our customers, code and competencies will allow us to
provide even greater value to customers across both public and private healthcare
organisations.

CSAM has been a leading provider of medical imaging and connected healthcare solutions in
the Nordics for more than a decade. The company works closely with healthcare professionals
and organisations to develop software solutions that deliver the highest value for their
operations.

About CSAM
CSAM has established itself as a leading Nordic niche player in the specialised eHealth market
with a unique blend of best-in-class innovative technology, and outstanding human skills. The
company’s diverse portfolio of software solutions enables healthcare providers to access
relevant clinical information at the point of care. CSAM’s commercial headquarters are located
in Oslo, Norway. In addition to the new offices in Tromsø, the company also has local offices in
Stockholm, Karlstad, Gothenburg, Helsinki, Oulu, Tampere, and Warwickshire, as well as a
wholly owned software engineering subsidiary in the Philippines.

A privately-owned company backed by strong financial partners, CSAM aspires to achieve
continued growth both organically and through selected mergers and acquisitions. For more
information, visit www.csamhealth.com.

For more information, please contact:
Sverre Flatby, CEO Jennifer Goode, Communications Director
sverre.flatby@csamhealth.com jennifer.goode@csamhealth.com
+47 9159 9159 +1-705-760-0782
Kåre-Bjørn Kongsnes, Business Developer
kb@kongsnes.no
+47 900 11 040

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CXA Group Raises US$25 Million to Accelerate Expansion Across Asia-Pacific

Heritas

New investors HSBC, Singtel Innov8, Telkom Indonesia MDI Ventures, Sumitomo Corporation Equity Asia, Muang Thai Fuchsia Ventures, Humanica, Heritas Venture Fund and others join CXA’s latest financing round

This strategic capital will accelerate CXA’s growth momentum in the Asia-Pacific region and reinforce the company’s mission of improving the health and wellness of individuals through its employer-driven population health platform

CXA Group, Asia’s one-stop, predictive and data intelligence platform for better health, wealth and wellness choices, announced today that it has raised US$25 million in its latest round of funding. CXA’s new group of strategic investors include HSBC, Singtel Innov8, Telkom Indonesia MDI Ventures, Sumitomo Corporation Equity Asia, Muang Thai Fuchsia Ventures, Humanica and Heritas Venture Fund, underscoring the company’s aim to be the leading health ecosystem platform addressing escalating healthcare costs across the region.

The investment by these leading global financial services institutions, telecommunications providers and payroll companies reflect their belief in CXA’s long-term growth opportunity, and the company’s unique ability to shift healthcare spend from treatment to prevention, without employers spending more.

Rosaline Chow Koo, Founder and Chief Executive Officer, CXA Group said: “We are honoured to welcome these top-tier corporations into our roster of strategic investors and partners. CXA is today the leading health ecosystem platform that enables individuals across Asia to make better choices for healthier living, starting from the workplace, thereby empowering a shift in spend from treatment to prevention. We have seen overwhelming interest from global strategic investors who are excited to work with us to advance our business and vision.”

“These latest investors will become strategic partners, and we will look to closely collaborate in designing customised platform-led solutions for their B2B enterprise customers, and as importantly, the employees of these enterprises,” said Koo.

With chronic diseases hitting people in Asia earlier than in the West and healthcare costs escalating1, the company found that the antiquated pen-and-paper, one-size-fits-all approach to managing these costs was systemically wrong. This situation, if left unaddressed, would only get worse and become economically unsustainable over time.

The company has pioneered a one-stop, self-service platform that allows employers to give their employees access to an ever-widening range of health, wealth and wellness offerings, personalised based on the individual’s health and life-stage data. Employees can purchase offerings by drawing down on existing insurance policies provided by their employers and using funds that are then released into the platform’s eWallet to make transactions cashless, fast and easy.

Through the aggregation, anonymisation and analysis of digitised health and life-stage data, CXA helps employers get to the root cause of their workforces’ health issues and design specific interventions – such as corporate wellness and disease management initiatives – that will have the greatest impact on cost and health improvement, for reductions in tomorrow’s chronic disease and healthcare spend, today.

Headquartered in Singapore, CXA achieved revenue growth of 65 percent in 2018 and is expected to double that in 2019. This latest funding round follows US$33 million in total funding from Series A and B in 2015 and 2017 respectively. Other investors in CXA include B Capital Group, Openspace Ventures, Government-linked strategic investor EDBI, BioVeda Capital, FengHe Asia, Philips and RGAx.

Supporting Quotes from New Investors:

Edgar Hardless, Chief Executive Officer of Singtel Innov8 said, “CXA’s innovative use of analytics helps its enterprise clients effectively manage their healthcare costs and promote their employees’ wellbeing. We are excited to be an investor in CXA and help with their expansion across Asia.”

“CXA is rapidly emerging as a leader in the Health and Insurtech space. It has an innovative platform-led approach to helping companies optimise their health spend through personalised engagement with employees about their physical and financial wellness. We are excited about this investment partnership and the disruptive opportunities it presents,” said Bryce Johns, Group Head of Insurance, HSBC.

“Heritas invests in high-growth companies that are tackling major healthcare challenges faced by Asian populations,” said Chik Wai Chiew, Executive Director and CEO, Heritas Capital Management. “We are pleased to support CXA in this financing round to scale its employer-driven population health platform, as the company continues to pioneer solutions that connect the whole healthcare continuum and shift employers’ healthcare spend from treatment to prevention.”

Supporting Quotes from Previous Investors:

“Strategic investment in CXA from HSBC, Singtel Innov8 and others reinforces our belief in technology enablement and value creation from high-growth companies partnering with larger organisations and transforming in collaborative fashion. With the collective support of banks, insurers, telcos and payroll companies as co-investors, CXA can now accelerate its expansion into new markets and bancassurance channels, while creating new revenue opportunities for these partners’ businesses,” said Eduardo Saverin, Co-Founder and Partner, B Capital Group, the lead investor in CXA’s previous Series B funding round.

About CXA Group:

CXA Group is Asia’s one-stop, predictive and data intelligence platform for better health, wealth and wellness choices. Through the CXA platform, employers can empower employees with access to personalised health and lifestyle offerings, with clear and quantifiable ROI for the business. Founded in 2013 with the mission of transforming the delivery of employee benefits from pen-and-paper and one-size-fits-all to a digitised and personalised platform, the company aims to shift healthcare spend from treatment to prevention, to improve workplace population health.

Driven by a team of industry veterans with extensive leadership experience across Asia’s human resource, insurance, finance, healthcare and technology industries, CXA serves more than 600 enterprises, including Fortune 500 companies, and more than 400,000 employees in 20 countries. CXA has received recognition as InsurTech of the Year from the Asia Insurance Industry Awards and was among the top three most impactful innovations at the Singapore Digital Techblazer Awards.

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CSAM Announces Deal to Acquire Arcid AS

Priveq

The transaction further strengthens CSAM’s leadership in the Nordic niche eHealth market
OSLO, Norway (March 12th, 2018) – CSAM announced today that it has signed an agreement
to acquire Arcid – a Norwegian eHealth company that focuses on information flow in the
teleradiology domain.

Arcid provides eHealth solutions that improve workflows and simplify the interaction between
healthcare professionals. Among the company’s best-known products are TRIS, a Radiology
Information System; Arcidis, a teleradiology information solution; and HelseMail, a Software as
Service (SaaS) communication platform that enables the encrypted transfer of large, high
volume, and sensitive patient information.

– The combination of CSAM and Arcid will create an innovative and comprehensive offering in
the medical imaging and connected health markets, enabling us to better serve clinicians and
patients, said Sverre Flatby, CSAM CEO. – Arcid has an impressive reputation for delivering
efficiency, quality, and exceptional patient care with their niche software solutions, and we are
pleased they have entrusted CSAM to carry on that tradition of excellence.

– I am confident that CSAM is the right home for Arcid’s team in this exciting growth period to
come, said Kåre-Bjørn Kongsnes, business developer and majority shareholder of Arcid. –
Integrating our highly competent team of people with CSAM, the leading Nordic niche player
within eHealth, strengthens this viable and powerful position.
The acquisition of Arcid is consistent with CSAM’s strategy to pursue growth through a
combination of strategic M&As and organic sales. The transaction is estimated to close before
the end of the month.

– Arcid’s products are an important complement to CSAM’s software solutions in the medical
imaging and connected healthcare domains, strengthening our leadership in these key market
segments, said Flatby. – The mixture of our customers, code and competencies will allow us to
provide even greater value to customers across both public and private healthcare
organisations.

CSAM has been a leading provider of medical imaging and connected healthcare solutions in
the Nordics for more than a decade. The company works closely with healthcare professionals
and organisations to develop software solutions that deliver the highest value for their
operations.

About CSAM
CSAM has established itself as a leading Nordic niche player in the specialised eHealth market
with a unique blend of best-in-class innovative technology, and outstanding human skills. The
company’s diverse portfolio of software solutions enables healthcare providers to access
relevant clinical information at the point of care. CSAM’s commercial headquarters are located
in Oslo, Norway. In addition to the new offices in Tromsø, the company also has local offices in
Stockholm, Karlstad, Gothenburg, Helsinki, Oulu, Tampere, and Warwickshire, as well as a
wholly owned software engineering subsidiary in the Philippines.
A privately-owned company backed by strong financial partners, CSAM aspires to achieve
continued growth both organically and through selected mergers and acquisitions. For more
information, visit www.csamhealth.com.

For more information, please contact:
Sverre Flatby, CEO Jennifer Goode, Communications Director
sverre.flatby@csamhealth.com jennifer.goode@csamhealth.com
+47 9159 9159 +1-705-760-0782
Kåre-Bjørn Kongsnes, Business Developer
kb@kongsnes.no
+47 900 11 040

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Partners Group to invest in delivery of 500MW subsea interconnector between Great Britain and Ireland

Partners Group

Partners Group, the global private markets investment manager, has provided equity financing for the Greenlink Interconnector (“Greenlink”), a project to construct a 500MW subsea interconnector between Ireland and Great Britain, on behalf of its clients. To-date, Greenlink has been developed by Element Power, an independent renewable energy developer, which, together with funds managed by Hudson Sustainable Investments, is the other major shareholder in Greenlink.

Greenlink will use a subsea high-voltage direct current (HVDC) cable system to connect the power markets of Ireland and Great Britain, improving the security of electricity supply in both countries and reducing average electricity costs for consumers. It will stretch approximately 200km underground and under the sea between County Wexford in Ireland and Pembrokeshire in Wales. The project is considered of critical importance in Europe and has been awarded “Project of Common Interest” status by the European Commission as well as granted funding from the EU’s Innovation and Networks Executive Agency. Construction is scheduled to commence in 2020 and is expected to be completed by 2023.

Esther Peiner, Managing Director, Private Infrastructure Europe, Partners Group, states: “Greenlink Interconnector is a key electricity infrastructure project for Ireland and Great Britain. With the build-out of renewable energy generation in both countries, particularly the growth of offshore wind, infrastructure like Greenlink is essential to facilitate the low carbon economy as it will allow surplus renewable power to be exported between the two countries. Once completed, this interconnector will not only benefit consumers in Great Britain and Ireland, but will also enhance security of supply.”

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KKR and Tivoli Capital to Develop New Co-Working Locations in France

KKR

France, 12 March 2019: KKR, a leading global investment firm, and Tivoli Capital, a specialist in real estate development in France and the creator of the iLOV’iT Worklabs co-working space, have signed an agreement for the development of a new generation of office buildings in France’s largest cities.

The co-working market in France is developing rapidly. The concept, launched in the United States over 15 years ago and now fully developed in London, Amsterdam, Frankfurt and Madrid, grew by 80% between 2016 and 2017 in France, according to JLL’s 2018 global market report. Entrepreneurialism is growing in France, driven by increases in project-based work, working remotely and the importance of work-life balance.

The new developments build on the success of iLOV’iT, the largest co-working center in Marseille, with a surface area of almost 3,700m2, private offices, shared spaces and meeting rooms with well-being services. Tivoli Capital aims to develop its platform in this market, following the agreement with KKR. The new generation of offices will focus on having a welcoming working environment and offering various services adapted to the needs of residents. It will offer an alternative solution to entrepreneurs who want flexible, ready-to-use offices without long-term commitment.

Guillaume Pellegrin, Founder of Tivoli Capital, said “From the beginning, we wanted to develop our presence in France. We are pleased to have signed an agreement with KKR, who will support us in all areas of our development. Our goal is to transform the market, putting human beings at the heart of our project to be able to offer the ideal workspace in the 2020s for entrepreneurs and companies, regardless of their size, in all major French cities.”

Mai-Lan de Marcilly, Director at KKR in the European Real Estate team, said “Guillaume and his team have real expertise in the acquisition and development of innovative real estate projects within France, with a unique approach to improving quality of life at work. With this agreement, our aim is to become a leader in the French professional co-working space.”

KKR’s investment was made through its Real Estate Partners Europe fund.

About KKR

KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate and credit, with strategic partners that manage hedge funds. KKR aims to generate attractive investment returns for its fund investors by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation with KKR portfolio companies. KKR invests its own capital alongside the capital it manages for fund investors and provides financing solutions and investment opportunities through its capital markets business. References to KKR’s investments may include the activities of its sponsored funds. For additional information about KKR & Co. Inc. (NYSE:KKR), please visit KKR’s website at www.kkr.com and on Twitter @KKR_Co.

About Tivoli Capital

Created by Guillaume Pellegrin in Marseille, TIVOLI CAPITAL offers a wide range of real estate and financial services for investors wishing to diversify into regional markets. With a recognized know-how, the company has valued more than 250,000 m2 since its origin, and managed nearly 500 million euros of real estate assets for the Caisse des Dépôts, CEPAC, Carlyle, COVIVIO, and Primonial. Tivoli also managed the property and the financial director of The Camp, the first European campus dedicated to emerging technologies and the city of tomorrow. More information on www.tivoli-capital.com.

Media contacts for KKR:

France
Adding Value Conseils
Olivier Blain: ob@addingvalueconseils.com / + 33 6 72 28 29 20
Florence Taieb: ft@addingvalueconseils.com / +33 6 71 90 40 57

UK & International
Alastair Elwen, Finsbury
Email: alastair.elwen@finsbury.com
Phone: +44(0)20 7251 3801

Media contacts for Tivoli Capital:
Eve Leporq
Tel: +33 6 62 46 84 82
Email: eve@votredircom.fr

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CSAM Announces Deal to Acquire Arcid AS

Priveq

The transaction further strengthens CSAM’s leadership in the Nordic niche eHealth market

OSLO, Norway (March 12th, 2018) –CSAM announced today that it has signed an agreement to acquire Arcid –a Norwegian eHealth company that focuses on information flow in the tele radiology domain.

Arcid provides eHealth solutions that improve workflows and simplify the interaction between healthcare professionals. Among the company’s best-known products are TRIS, a Radiology Information System;Arcidis, a teleradiology information solution;and HelseMail, a Software as Service (SaaS) communication platform that enables theencrypted transferof large, high volume, and sensitive patient information.

-The combination of CSAM and Arcid will create an innovative and comprehensive offering in the medical imaging and connected health markets, enabling us to better serve clinicians and patients, said Sverre Flatby, CSAM CEO. –Arcid has an impressive reputation for delivering efficiency, quality, and exceptional patient care with their niche software solutions, and we are pleased they have entrusted CSAM to carry on that tradition of excellence.

-I am confident that CSAM is the right home for Arcid’s team in this exciting growth period to come, said Kåre-Bjørn Kongsnes, business developer and majority shareholder of Arcid. –Integrating our highly competent team of people with CSAM, the leading Nordic niche player within eHealth, strengthens this viable and powerful position.

The acquisition of Arcid is consistent with CSAM’s strategy to pursue growth through a combination of strategic M&As and organic sales. The transaction is estimated to close before the end of the month.

-Arcid’s products are an important complement to CSAM’s software solutions in the medical imaging and connected healthcare domains, strengthening our leadership in these key market segments, said Flatby. -The mixture of our customers, code and competencies will allow us to provide even greater value to customers across both public and private healthcare organisations.

CSAM has been a leading provider of medical imaging and connected healthcare solutions in the Nordics for more than a decade.The company works closely with healthcare professionals and organisations to develop software solutions that deliver the highest value for their operations.

About CSAM

CSAM has established itself as a leading Nordic niche player in the specialised eHealth marketwith a unique blend of best-in-class innovative technology, and outstanding human skills. The company’s diverse portfolio of software solutions enables healthcare providers to access relevant clinical information at the point of care. CSAM’scommercialheadquarters are located in Oslo, Norway. In addition to the new offices in Tromsø, the companyalso has local offices in Stockholm, Karlstad, Gothenburg, Helsinki, Oulu, Tampere, and Warwickshire, as well as a wholly owned software engineering subsidiary in the Philippines.

A privately-owned company backed by strong financial partners, CSAM aspires to achieve continued growth both organically and through selected mergers and acquisitions. For more information, visit www.csamhealth.com.

For more information, please contact:

Sverre Flatby, CEOJennifer Goode, Communications Directorsverre.flatby@csamhealth.comjennifer.goode@csamhealth.com+47 9159 9159+1-705-760-0782Kåre-Bjørn Kongsnes, Business Developerkb@kongsnes.no+47 900 11 040

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Gilde Healthcare acquires healthcare food supplier Eetgemak from Value8

GIlde Healthcare

Gilde Healthcare’s investment allows Eetgemak to realize new growth plans, including expansion into Belgium

Utrecht and Frankfurt – Gilde Healthcare, the European specialist investor in healthcare, acquires a majority stake in Eetgemak from stock listed investment firm Value8. The acquisition is the first investment in Gilde Healthcare’s new €200 million private equity fund focused on the healthcare industry. Katwijk based Eetgemak is the market leader in chilled meals for Dutch healthcare institutions. With Gilde as a new investor, Eetgemak will further expand its market position by growing in both existing as well as new markets, like Belgium.

Doctors and dietitians increasingly recognize the importance of tasty, healthy food that meets the patient’s wishes in the healing process. At the same time, there is a constant pressure on healthcare institutions to work more efficiently and to provide better care with less staff. With an assortment of thousands of different chilled meals, Eetgemak offers hospitals, care institutions and people at home healthy meals at low prices. Moreover, through its scale and expertise, Eetgemak is able to cater to the many types of dietary needs of patients and residents in care institutions.

The investment in Eetgemak fits well in Gilde Healthcare’s new private equity fund: “We look for companies that contribute to the improvement of care. Moreover, we actively contribute to the development of our portfolio companies through our specific knowledge and experience in the healthcare industry. We are very excited about Eetgemak’s growth opportunities and look forward to a productive collaboration,” says Hugo de Bruin, partner at Gilde Healthcare.

“Gilde’s investment enables us to execute our growth strategy, not only in the Netherlands, but also across the border in Belgium. In addition to accelerating organic growth, we are also interested in new partnerships and potential acquisitions,” says Leo van der Krogt, CEO at Eetgemak.

About Eetgemak

Eetgemak prepares chilled meals for hospitals, home care organizations, care centers, nursing homes, expertise centers, service apartments, living communities, restaurants, caterers, schools and daycare centers. Professional chefs prepare a wide range of seasonal dishes with great pleasure every day. Our motto is ‘everyone joins for dinner’. Whether it’s preference, meal type, consistency or diet; taste and quality are always paramount. Everyone deserves a healthy, fresh and tasty meal. This is why every day we cook fresh and healthy meals with the best ingredients. https://www.eetgemak.nl

About Gilde Healthcare

Gilde Healthcare is a specialized European healthcare investor managing €1 billion across two fund strategies: private equity and venture & growth capital. Gilde Healthcare’s private equity fund invests in profitable European lower mid-market healthcare companies including healthcare providers, suppliers of medical products and service providers, with a primary focus on the Benelux and DACH regions. Gilde Healthcare’s venture & growth fund is focused on fast growing health tech and therapeutics companies based in Europe and North America. https://gildehealthcare.com

 

Media Contacts

Gilde Healthcare

Hugo de Bruin
Partner
Newtonlaan 91
3584BP Utrecht
The Netherlands
debruin@gildehealthcare.com
+31 (0)30 219 2565

Eetgemak

Leo van der Krogt
CEO
Taanderstraat 9a
2222 BG Katwijk
The Netherlands
leo@eetgemak.nl
+31 (0)71 408 4140

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