Varma, CapMan Nordic Real Estate Fund and Cavendo partnership acquires Heron City in Stockholm

Capman

CapMan press release 1 September 2016 at 8.30 a.m. EEST

Varma, CapMan Nordic Real Estate Fund and Cavendo partnership acquires Heron City in Stockholm

Varma, CapMan Nordic Real Estate Fund and Cavendo have purchased Heron City, the 49,400 sqm landmark retail centre located in Kungens Kurva, Stockholm from NIAM for SEK 930 (EUR 98) million.

“We are delighted to have completed this acquisition with both our long standing partner and investor Varma and our new partner Cavendo, who will take responsibility for asset management at the centre. With all of the opportunities it presents, Heron City is a great fit with our value-add strategy,” comments Ed Williams, Senior Partner at CapMan Real Estate.

Kungens Kurva is 15 minutes South of Stockholm’s city centre and is the busiest retail area in the Nordics with approximately 20 million visitors a year. The area is anchored by the largest IKEA store in the world and the catchment area includes 1.5 million people within a 30-minute drive.

Heron City’s main tenants include Sweden’s largest cinema operated by SF Bio, home electronics retailer Media Markt, interior design and furniture retailer Mio, Willys supermarket and sports & outdoor retailer XXL. With a distinct retail and leisure offering, Heron City complements the other retail centres in the area and has benefited from increasing visitor numbers and turnover as Kungens Kurva has expanded in recent years. Visitors to Heron City in 2015 amounted to 7.2 million. The property will benefit from significantly improved accessibility and catchment area over the coming years with the completion of the the Stockholm bypass infrastructure project.

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Bisnode acquires NN Markedsdata

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

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EQT Mid Market to invest in TransIP

  • 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

Kinnevik

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.

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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

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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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.

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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

  • 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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Lowell GFKL Group acquires leading German third party collections company Tesch Inkasso strengthening its position in a core market.

Permira
Lowell GFKL Group,a European leader in credit receivables management
backed by the Permira Funds and Ontario Teachers’ Pension Plan, today announces that it has entered into an agreement to acquire Tesch Inkasso Group from Avedon Capital Partners and the other existing shareholders. Closing is subject to certain regulatory approvals.
After acquiring Austrian IS Inkasso Service in April, this is Lowell GFKL Group’s second acquisition since its formation in October 2015. This complementary addition strengthens the Group’s position in its core German market. It underlines the Group’s ambition to build a pan-European business with leadership positions in each of its markets.
The transaction further improves diversification in terms of addressed
verticals and business mix.
It will deliver a range of synergies to the enlarged Group.
Tesch Inkasso is a leading German 3PC company with several thousand
unique clients and a volume of receivables serviced of c. €2 billion. Founded in 1985, it was acquired by Avedon Capital Partners in 2012
and has itself acquired Transcom CMS and Mediafinanz in recent years.
Lowell GFKL Group is considering various forms of financing to fund the transaction including loans and debt securities.
Tesch Inkasso has a leading position in the utilities and eCommerce
sectors and has complementary expertise to the Lowell GFKL Group in many other sectors. It shares the Group’s commitment to building long-
term client relationships and respectful, fair engagement with consumers.
The CEO of Tesch Inkasso Thomas Dold, will join the Group having
delivered strong organic growth and an impressive new client win rate over the past few years.

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