CapMan Russia made a first close worth EUR97 mln on its newly established CapMan Fund II late March. Nearly 3 per cent of that investment has been made in-house – by the investment team at CapMan Russia and by CapMan Plc – while the remaining has come from 10 other LPs – both new and [...]

UFG Private Equity has led a successful investment bid along with CapMan Russiaand the European Bank for Reconstruction and Development, for medical diagnostics provider KDL Test. While UFG took the lion’s share at 40.3 percent, EBRD now holds 24 percent and CapMan takes away 10.7 percent from the deal. The remaining 25 percent stake in the [...]

CapMan Russia has made yet another investment, this time in Russian laboratory analysis equipment and chemical reagents for testing.

The CapMan Russia-advised Norum II Fund has closed a sale on 100 percent stake in Tascom, a telecom service provider, to Mobile TeleSystems, Russia and the CIS’s top provider. The stake was bought by Mobile TeleSystems’ subsidiary, Moscow City Telephone Network. The sale marks CapMan Russia’s exit from Tascom eight years after the original investment [...]

The European Bank for Reconstruction and Development (EBRD) has agreed to an equity investment of up to EUR 50 mln in the CapMan Group for its new Guernsey-based operation, CapMan Russia Fund II. The investment cannot exceed 30 percent of total capital commitments. The new fund’s objective is to acquire significant minority holdings in companies [...]

Top League, one of Russia’s major players in the sports goods retail chain marketplace, has bagged a round of investment from VC fund CapMan, thorough their CapMan Russia unit. The investment will drive Top League’s Russia expansion plans at a speeded-up rate, and while CapMan will hold a significant minority stake, the remaining share of [...]

Lumex Instruments, a leading Russian analytical and instrumentation company, has sold 29% stake to CapMan Russia. CapMan Russia plans to hike its shareholdings to 44 per cent by next year while Lumex promoters will continue to hold the remaining shares. CapMan has a track-record of backing successful Russian companies and Lumex hopes to leverage its [...]

CapMan Plc. portfolio company Walki Group has bought out the owner’s stake in Meuwissen, a family-owned construction materials company.

Fast-growing internet service provider Siberian Networks has recently sold 20% equity to Russian and Nordic mid cap investor CapMan Russia for an undisclosed amount. The funding will be used to expand the company’s presence within key markets in Novosibirsk and Novokuznetsk. The equity sale leaves the remaining shares under management control. Siberian Networks (nsk.sibset.ru) Siberian Networks [...]

CapMan, a Nordic based investment firm, through their CapMan Russia Fund, together with Gimv, a Belgian based investment firm, acquired a 38% share in the Russian based printing and photo company, Expert Photo. Each company has acquired a1 9% share. Expert Photo (www.expertphoto.ru) Moscow based Expert Photo was established in 1995 and has grown to [...]

Nordic investor CapMan has signed an agreement to sell it’s 25% share of Jolife AB, a Swedish manufacturer of specialized medical equipment. The company’s other shareholders also agreed to sell their shares, giving new owner Medtronic 100% of the company. CapMan first entered Jolife via a 2003 investment from its Swedestart Life Science Fund. Physio-Control, [...]

Ruukki Group has agreed to sell off the majority holding in Pohjolan Design-Talo, the Finnish house builder to funds managed by CapMan. Total size of the deal is approximately EUR 76 million in cash for 80% stake. The other 20% of the company remain with its management. Transaction is expected to be completed by March [...]

Business solutions provider Affecto recently announced that it received notification from CapMan, as required by the Finnish Securities Markets Act, a change in the investor’s holdings. CapMan reduced its ownership in the company from 12.3% to just under 4%, with a total of 855,373 shares. The shares are owned by the CapMan Public Market Fund. [...]

International private equity investor 3i has reached an agreement to acquire one of Europe’s leading medical supply distributors, OneMed, from PE firm CapMan. Since CapMan’s original 2006 investment in OneMed, annual turnover has more than doubled. The acquisition by 3i now allows OneMed to continue business development by working to consolidate their industry all across [...]

In a somewhat complicated three-way deal between CapMan, Access Capital Partners, and Pohjola, CapMan has sold the Finnish bank a 30% stake in Access Capital for EUR 28 million. Access Capital will take over management of Pohjola’s private equity investment business in exchange for a 10% holding which will be transferred to Pohjola. When all [...]

Looking to take advantage of a market that currently favors businesses in the healthcare sector, CapMan has hired Danske Bank and DC Advisory Partners to sell OneMed. CapMan invested in the medical supplies company in 2006. Potential buyers could be EQT, IK Investment Partners, and Nordic Capital. If all goes as planned, the sale could [...]

Finland’s CapMan recently announced the first close of its new fund, CapMan Mezzanine V, at €60 million. Despite the June closing of a previous fund below target, Capman is confident mezzanine investing still offers investors a high enough risk-to-return ratio to attract them to the fund, even in the difficult fund raising atmosphere that currently [...]

Citing the strength of the local ties and reputation Russia’s Bank Evropeiskij enjoys, CapMan Russia Fund has made a significant investment in the regional bank to acquire a 20% stake. The investment is focused on improving Bank Evropeiskij’s market position in its local area, which includes the Kaliningrad region of eastern Russia. CapMan’s investment aids the bank [...]

CapMan Plc has announced a partial exit from its Lumene investment of 2003. The firm has joined co-investor Langholm Capital in selling its interest in Farmos Holding Oy to KilltoClean Oy, which plans to merge the two under the Kiilto name. Farmos was spun off from Lumene in 2008, and various CapMan funds combined to [...]

Two of the Nordic region’s leading bathroom supply companies are set to become one larger organization now that CapMan has agreed to acquire both and merge them. CapMan will purchase INR and Aspen from Swedish private equity firms Accent Equity and Valedo Partners, respectively. The acquisitions will come via the recently closed CapMan Buyout IX [...]