Procuritas Capital Partners II
Procuritas had the final closing of the second investment consortium, PCP II, in March 1998. Commitments of SEK 963 million (EUR 107 million) were raised. The GP committed 7% of the capital.
PCP II invested in six buy-outs between 1999 and 2007. All of these companies have been divested.
|
Portfolio company |
Business |
Seller |
Holding period |
Buyer |
|---|---|---|---|---|
Cross border |
Founder |
1997-1998 |
IPO (full exit) |
|
Transportation |
BTL |
1997-2006 |
SGS sold to Danzas in 2001, Scanvan sold to Sirva in 2003, Skandia Transport sold to Nurminen 2006 |
|
Painting, flooring |
Receivership |
1998-2007 |
Procurator AB |
|
Axenti AB |
Seven niche manufacturing companies; O Malmkvist, Mikroponent, Pelly, Orwak, Isaksson Gruppen, Tidbecks |
Finnveden |
1999-2006 |
Several |
Installation of telecom, data, electricity, water, sewage & ventilation |
Public-to-Private |
1999-2006 |
Triton advised funds |
|
ISAB 2 AB |
Divestment of BPA's (Bravida’s) non-core assets |
Bravida |
2000-2001 |
Partial exits made with industrial buyers and Danterm |