News.

2022 | 2021 | Archive
07/07/22

Procuritas’s Medtanken platform partners with regional leader HMC and expands to Region Skåne

Procuritas Capital Investors VI (“Procuritas”), the mid-market Nordic private equity investor, announces that its portfolio company Medtanken, a leading primary care group in Western Sweden, has entered into Region Skåne through the partnership with Hälsomedicinskt center i Sverige AB (“HMC”), a fast-growing primary care provider in the region. With its passion for building strong sustainable...

07/06/22

Procuritas partners with We Select

Procuritas Capital Investors (“Procuritas”) is pleased to announce that it has acquired a majority stake in We Select, a fast-growing digital talent acquisition platform on social media. Key management will retain significant ownership of the company after the transaction. We Select was founded in 2011 as a traditional recruitment services company. After launching its digital...

28/04/22

Procuritas partners with Nordic Biomarker

Procuritas Capital Investors (“Procuritas”) is pleased to announce that it has taken a majority stake in Nordic Biomarker, a fast-growing Swedish supplier of advanced reagents for IVD coagulation analyzers with a clear sustainability-driven purpose.   Nordic Biomarker was founded in 2007 to meet market demand for an independent OEM-supplier of high-quality reagents for coagulation analyzers. The...

13/04/22

Werksta embarks on a new stage of its growth journey with investment from Procuritas, LGT Capital Partners and Puskala Invest

Procuritas Capital Investors, LGT Capital Partners and Puskala Invest have agreed to acquire Werksta Nordic AB, the leading independent car damage repair chain in the Nordics, in a transaction where the majority selling party is Procuritas Capital Investors V fund. Key management will reinvest and retain significant ownership of the company after the transaction. Werksta...

14/02/22

Procuritas announces team expansion and promotion following record year for deal activity

Procuritas Capital Investors, the mid-market Nordic private equity investor, is pleased to announce a number of new hires and a promotion following a year of record deal activity in 2021. Jermu Kuismin has been hired as Associate.  Jermu holds a M.Sc. in Finance and Accounting from Imperial College and joined Procuritas from Danske Bank.  Annie...

01/12/21

Procuritas sells Ouriginal following rapid growth

Procuritas Capital Investors VI (“Procuritas”), the private equity investor focused on investing in and growing Nordic mid-market companies, today announced that it has sold Ouriginal Group AB (“Ouriginal”) to Turnitin, LLC (“Turnitin”), a global leader in academic integrity and education software.  Ouriginal, previously named Urkund, is a market leader in the Nordics and the DACH...

28/10/21

Procuritas invests in Strandberg Guitars

Strandberg Guitars is the global market leader in headless guitars under the .strandberg* brand. In close partnership with the founder, Mr Ola Strandberg, Procuritas will support the continued scale-up of the Company through a number of well-identified growth initiatives to further strengthen .strandberg*’s position as the preferred choice of modern guitarists across the globe.

21/10/21

Werksta completes three add-on acquisitions

Procuritas is pleased to announce that its portfolio company Werksta, the leading car damage repair chain in the Nordics, has completed three add-on acquisitions, adding Alppilan Autohuolto Oy in Finland, Skadeverkstad Uppsala Östra AB in Sweden and Follo Bilskade AS in Norway into the group.  Werksta was formed in 2015 through Procuritas’ investment in two...

04/10/21

Procuritas’ Polarn O. Pyret appoints new Chairperson

Arja joins with extensive experience from her long career in international retail with companies such as IKEA and Kingfisher. She currently serves on the Boards of Dunelm plc, Nobia Group, and Handelsbanken Group and is Chairman of the Board of Svenska Handelsfastigheter. As well as working in various roles at IKEA and Kingfisher, she was...

20/09/21

Procuritas announces team promotions following period of intense deal activity

Procuritas Capital Investors, the mid-market Nordic private equity investor, is pleased to announce a number of promotions following one of the most active periods of deal activity in the firm’s history. Jussi Holopainen has been promoted to Director following fantastic work coordinating the formation of IT services platform Frendy through the acquisition of twelve businesses...

01/09/21

Procuritas’s Frendy completes first add-on acquisition

Procuritas is pleased to announce that its portfolio company Frendy, the Finnish IT services platform, has made its first add-on acquisition, three months after the company’s creation through the acquisition of twelve businesses.  The acquisition of Wisdomic brings Frendy’s combined turnover to around €50 million with 220 employees.  Wisdomic is a Finnish IT services company...

24/08/21

Procuritas sells Dantherm following the Groups successful transformational growth

Procuritas Capital Investors V (“Procuritas”), the private equity investor focused on investing in and growing Nordic mid-market companies, today announced that it has sold Dantherm Group (“Dantherm”), the leading provider of climate control products and solutions, to German private equity fund, DBAG Fund VIII, advised by Deutsche Beteiligungs AG. Headquartered in Denmark, Dantherm has more...

16/08/21

Procuritas’ Medtanken platform appoints new Chairperson to drive transformational growth

16 August 2021 – Procuritas Capital Investors VI (“Procuritas”), the private equity investor focused on investing in and growing Nordic mid-market companies, today announces that it has appointed Lena Hofsberger as the new Chairperson of its portfolio company Medtanken, a leading primary care group in Western Sweden. Lena has extensive experience in the healthcare industry...

17/06/21

Nordic report Q&A: Procuritas by Sam Birchall, Real Deals

Procuritas Co-Managing Partners JohanConradsson and Mattias Feiff talk to Real-Deals about investing in the Nordics, the importance of strong relationships with management teams, their recent exit of SOFACOMPANY and successful IPO of PierceGroup. Procuritas recently made a 6x return on the sale of SOFACOMPANY. what led to the successful hold and exit? Mattias Feiff: We acquired...

16/06/21

Procuritas creates new IT services platform in Finland

Procuritas Capital Investors VI (“Procuritas”) today announces the launch of Frendy, a new IT services platform based in Finland.  The new company has been created through the acquisition of twelve IT services businesses across the country.  After the transaction, Procuritas will become the majority shareholder, with the current entrepreneurial teams continuing in the day-to-day management...

01/06/21

Procuritas portfolio company DSI strengthens its position with two substantial add-on acquisitions

Procuritas Capital Investors VI (“Procuritas”) portfolio company DSI Freezing Solutions A/S (“DSI”), the Denmark-based market leader in plate freezing technology, has acquired Cryogenic Equipment and Services NV (“CES”) and signed a contract to acquire Dantech Freezing Systems A/S (“Dantech”). These acquisitions transform DSI into a new global player with the industry’s widest product range within...

27/05/21

Procuritas’s recently-merged Medtanken platform adds specialist care clinic Citysjukhuset in further expansion

Procuritas Capital Investors VI (“Procuritas”), the private equity investor focused on investing in and growing Nordic mid-market companies, today announces that its portfolio company Medtanken, a leading primary care group in Western Sweden, has successfully made its first step into the specialist care sector by acquiring Citysjukhuset, a strong player within the Västra Götaland Region....

25/05/21

Carl Settergren joins Procuritas as Partner

Procuritas is pleased to announce that Carl Settergren has joined the firm as partner. Carl brings extensive experience and a successful track record from international private equity and investment banking to the team, and he will contribute greatly to Procuritas’s ability to source and execute the large number of deal opportunities present in the Nordic...

21/05/21

Procuritas sells SOFACOMPANY to Lars Larsen Group

Procuritas Capital Investors VI (“Procuritas”) has sold SOFACOMPANY, the iconic Danish sofa brand, to the Danish Lars Larsen Group. Founded in 2012, SOFACOMPANY was bought by Procuritas from the founders Cathrine and Christian Rudolph in 2017. Utilising its decades of value creation experience, Procuritas has worked closely with management to transform and grow the company...

21/05/21

Oskar Lindholm-Wu, Partner at Procuritas, named Rising Star of European Private Equity

Oskar Lindholm-Wu, a Partner at Procuritas, was named one of the “Rising Stars of Private Equity in Europe” by Private Equity News.  Oskar’s central role in making decisions as one of six partners on Procuritas’s investment committee was recognised by Private Equity News, as were the many investments that he has led. Over the past...

01/04/21

Procuritas’s recently-merged Medtanken platform makes bolt-on growth acquisition

Procuritas Capital Investors VI (“Procuritas”), the private equity investor focused on investing in and growing Nordic mid-market companies, today announces that its portfolio company Medtanken, a leading primary care group in Western Sweden, has successfully executed a bolt-on acquisition of Kvarterskliniken to further expand the group. This acquisition comes soon after Procuritas invested in and...

26/03/21

Procuritas announces successful Pierce Initial Public Offering on Nasdaq Stockholm

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11/03/21

Procuritas invests in Polarn O. Pyret to push sustainability in the clothing industry

Procuritas Capital Investors VI (“Procuritas”) has acquired Polarn O. Pyret AB, the iconic Swedish children’s clothing brand, for a SEK 330 million (€33 million) on a cash and debt-free basis. Procuritas will  support the company’s growth and push the boundaries for sustainability in the clothing industry. Polarn O. Pyret is a true Swedish icon that...

15/12/20

Procuritas partners up with Medpro and Omtanken

Procuritas Capital Investors VI (“Procuritas”) partners up with Medpro and Omtanken, to build a new player with a strong local footprint in the Swedish primary care market. Two entrepreneur-owned primary care providers, Omtanken and Medpro, are merging to form a dynamic healthcare player. Medpro and Omtanken share a vision of delivering and enhancing the quality...

09/12/20

Procuritas exits Fidelix to Assemblin

Procuritas Capital Investors V (”PCI V”) has entered into an agreement to divest its holdings in Fidelix Holding Oy (“Fidelix”) to Assemblin Financing AB (“Assemblin”). Fidelix, founded in 2002, is one of the leading players in the Nordics within climate smart building automation and management systems. With the mission to create smart buildings for a...

18/08/20

Procuritas has agreed to sell TSN

Procuritas Capital Investors VI (“PCI VI”) has signed an agreement to divest its Nordic modular space business TS Nordics Holding AB (“TSN”) to Algeco Holdings BV (“Algeco”). Headquartered in Bro, Sweden, Temporary Space Nordics is a leading provider of high-quality temporary space solutions for public and private customers across the Nordic region, with a local presence in Sweden, Denmark,...

29/07/20

Procuritas to partner with Låssenteret

Procuritas Capital Investors VI (“Procuritas”) teams up with Låssenteret AS, the leading independent locksmith in Norway, to support the company’s ambitious growth strategy. Since 2017, Låssenteret has grown to be the leading independent locksmith in Norway with 26 branches nationwide and ca. 300 highly skilled employees. The company was recently strengthened from taking over the...

15/07/20

Procuritas strengthens team with new hires and promotion

Procuritas, a mid-market Nordic private equity investor,  is pleased to announce that Kathrine Granberg has joined the firm as Chief Financial Officer and the strengthening of its investment team with the appointment of Cecilia Waldehorn.  Kathrine joined Procuritas at the start of the year to oversee the financial operations of the firm, reporting to the...

23/06/20

No wrongdoings on the part of Procuritas in Gram arbitration case

Today an arbitration award was delivered concerning the sale of the former Procuritas portfolio company Gram Equipment A/S to FSN Capital Fund V. A unanimous Arbitral Tribunal dismissed allegations that Procuritas acted fraudulently. The Arbitral Tribunal, comprising Professor Torsten Iversen, Former President of the Danish Supreme Court Torben Melchior and Professor Mads Bryde Andersen, dismissed...

21/02/20

Bjørn Maarud new Chairman of Cutters

Outgoing CEO Bjørn Maarud of Bertel O. Steen has been elected as new Chairman of the Board of the Cutters hairdressing chain. – The company has never been better equipped for growth, says Cutters founder Kristian Solheim. After more than seven years at the helm of Bertel O. Steen, the multi-billion automotive, property and investment...

15/01/20

Procuritas announces appointment of new co-managing partners

Procuritas, a mid-market Nordic private equity investor, is pleased to announce the appointment of Mattias Feiff and Johan Conradsson as co-Managing Partners to lead the firm. Procuritas is renowned for building up niche market-leading companies through transformative growth in service industry consolidations, digital consumer businesses, software and select industrial sectors. The firm is the longest-established private...

12/12/19

Procuritas Capital Investors V divests its leading Norwegian accounting software business Duett

Procuritas Capital Investors V divests its leading Norwegian accounting software business Duett to US based private equity firm Accel-KKR. “Procuritas has been a great sparring partner for us over the last four years. We have always felt that it’s been a true partnership and with their support the Duett team has managed to develop the...

11/12/19

Fidelix invests in Lansen Systems AB to strengthen smart sensors offering

Fidelix Holding Oy has on 10th of December acquired 40% of the shares of Lansen Systems AB, the leader in developing smart metering solutions technology. Lansen Systems AB is a Swedish hardware provider focused on submetering and wireless solutions. Lansen Systems AB has been developing and manufacturing sensor systems for more than 10 years and...

04/11/19

Temporary Space Nordics expands its presence in modular space sector

Temporary Space Nordics expands its presence in the modular space sector by acquiring the Danish modular space business from GSV Materieludlejning. About a year after Procuritas’ investment in Temporary Space Nordics (TSN), the modular space business of GSV Materieludlejning is joining the TSN Group to further strengthen TSN’s Danish footprint. GSV Pavilion operates approximately 1,600...

10/07/19

Procuritas to become majority shareholder in fast-growing Nordic hair salon player

Procuritas Capital Investors VI (“Procuritas”) teams up with the Founders of Cutters AS to support the international expansion of the company. Since the opening of the first hair salon in December 2015, Cutters has opened more than 60 hair salons in Norway and has recently started to expand the concept into Sweden, Finland and Denmark....

28/06/19

Procuritas invests in Nature Planet ApS

Procuritas Capital Investors VI (“Procuritas”) has acquired a majority stake in Nature Planet ApS, a rapidly growing company selling soft toys and gift products to the European attractions industry. The founders, who retain a significant minority stake in the company, have successfully built a niche player with strong focus on sustainability, CSR and premium quality...

05/04/19

EcoGuard joins Fidelix Group and creates Nordic market leader in making buildings smart

Fidelix Holding Oy has on April 2nd entered into an agreement to acquire EcoGuard AB, the market leading Swedish provider of cloud-based software, sensor products and innovative solutions for residential building owners. EcoGuard’s turn-key solutions enable temperature metering and billing of water and electricity based on individual consumption, powered by CURVES – a powerful data...

18/10/18

Procuritas investment team update

Promotions Procuritas is happy to announce three promotions; Oskar Lindholm-Wu (Partner), Daniel Schuss (Partner) and Tiyam Afshari (Investment Manager). Oskar joined Procuritas in 2012 and has been involved in several investments such as Global Scanning, Pierce, Dantherm, DSI, Oral Care and Temporary Space. Daniel joined Procuritas in 2011 and has been involved in several investments...

17/08/18

Procuritas invests in Netcontrol

Stockholm / Helsinki Procuritas Capital Investors VI (“Procuritas”) has acquired a majority stake in Netcontrol Oy, a well-reputed provider of solutions, systems and services for real-time monitoring, control and automation of utility networks with a leading position in the Nordics and broad international presence. The management team has successfully built the company into a recognized...

30/07/18

Procuritas to invest in Temporary Space

Procuritas Capital Investors VI has signed an agreement with Ramirent to acquire its Temporary Space business. Procuritas has signed an agreement to acquire Temporary Space, a business within Ramirent Plc. Temporary Space offers high quality temporary premises primarily for accommodation, schools, health centers and office spaces. With operations in Sweden, Norway, Finland and Denmark, Temporary...

08/02/18

Procuritas invests in PressData Stockholm Intressenter AB

Procuritas Capital Investors VI invests in PressData Stockholm Intressenter AB (”PDI Group”), a company with operations in media and member subscription services, text similarity detection and content digitization. PDI Group is based in Stockholm, Sweden and operates primarily through Urkund, Pressdata and Paperton. Urkund is the Nordic market leader in text similarity detection with a...

08/01/18

Fidelix and Larmia Control team up to deliver market leading building automation products

Fidelix has acquired Larmia Control AB (“Larmia”) in Sollentuna, Sweden, from the founding family, Hans Bolöv and Stefan Bolöv. The investment is part of Fidelix strategy to become a market leader for energy efficient, user-friendly and open building automation systems in the Nordics. Larmia is a Swedish technology company providing proprietary building automation and surveillance...

12/12/17

Procuritas sells Gram Equipment

Gram Equipment is a global market leader in advanced process equipment for the consumer ice cream industry’s largest producers. The 116-year-old Danish company, Gram Equipment, in Kolding, has been sold by Procuritas Capital Investors IV (“PCI IV”) to FSN Capital. Over the last three years, Gram Equipment has achieved excellent growth rates of 15 percent...

27/11/17

New owners of Sonans Group

The British company EMK Capital acquires the Sonans Group. EMK has long international experience with education and career training. “EMK is a solid and professional owner with ambitions to develop Sonans as one of the leading players of the private education market in Norway,” said Erik Brandt, CEO of the Sonans Group. “Our goal is...

25/07/17

Procuritas Capital Investors IV divests Oral Care

Procuritas Capital Investors IV LP (“PCI IV” or “Procuritas”) has divested Oral Care Holding SWE AB (“Oral Care”) to Accent Equity 2012 (“Accent”) Headquartered in Stockholm, Sweden, Oral Care is a leading company in the field of mobile dental care, primarily to elderly people living in specialized housing. In addition, Oral Care operates five dental...

08/06/17

Procuritas Capital Investors VI invests in A/S Dybvad Stålindustri

Procuritas Capital Investors VI invests in A/S Dybvad Stålindustri (“DSI”), the global leading manufacturer of high quality plate freezers. DSI is based in Dybvad outside Aalborg in Denmark and serves a global customer base. The company is the global leader in developing and manufacturing plate freezers. These freezers are used to rapidly freeze fish, animal...

24/04/17

Procuritas announces the commencement of Procuritas Capital Investors VI (PCI VI), the sixth Procuritas fund.

Press Release, Stockholm Procuritas is pleased to announce the commencement of Procuritas Capital Investors VI (PCI VI), the sixth Procuritas fund. PCI VI has committed capital of EUR 318 million and is backed by leading Nordic and international institutional investors. The fund was raised during a short period in the fall 2016, confirming investors’ continued...

07/04/17

Procuritas Capital Investors V partners up with founders of Sofacompany & Scandinavian Design

Guernsey / Korsør Procuritas Capital Investors V (“PCI V”) and the founders of Sofacompany and Scandinavian Design (“the Group”), have signed an agreement in which PCI V becomes the majority owner of the Group. The Group is selling affordable upholstery furniture with high design content through two business lines: Sofacompany is a fast-growing online retailer...

06/03/17

Dantherm Group acquires the Master Climate Solutions Group (MCS) in Italy

Skive Effective February 2017, Dantherm has acquired the Master Climate Solutions Group (MCS) in Italy from the Italian private equity firm Alcedo SGR. MCS is headquartered in Italy with subsidiaries in Poland, Russia, Spain and China. MCS is a global supplier of portable equipment for heating, dehumidification, cooling and ventilation, for professional applications in a...

26/05/16

Procuritas Capital Investors V LP invests in SEM AB

Guernsey/Stockholm Procuritas Capital Investors V LP (“PCI V”) invests in SEM AB, a leading Sweden based developer and manufacturer of high precision products based on electromagnetic coil applications. SEM was founded in 1915 and is one of the world’s leading producers of electronic ignition systems and control systems for combustion engines, including heavy- and medium-duty...

15/04/16

Werksta signs agreement to partner with Autoklinikka

Werksta signs agreement to partner with Autoklinikka, the leading independent car collision repair chain in Finland Guernsey / Helsinki The owners of Autoklinikka and Werksta, the two leading independent collision repair chains in Finland and Sweden respectively, have agreed to merge operations. Autoklinikka operates through 11 wholly-owned collision repair workshops and a network of approximately...

31/01/16

Procuritas Capital Investors V teams up with entrepreneurs to create Werksta

Procuritas Capital Investors V teams up with entrepreneurs to create Werksta, a leading chain of independent car collision repair workshops Guernsey/Stockholm Procuritas Capital Investors V has since June 2015 acquired eight collision repair workshops in Sweden through a newly established holding company. The group’s objective is to expand in the Nordic region and become the...

28/01/16

Procuritas Capital Investors V acquires Calorex Heat Pumps Ltd

Guernsey/Skive Procuritas Capital Investors V, which on 15 January 2016 acquired Dantherm HVAC and Dantherm Telecom EMEA, has now acquired all shares in Calorex Heat Pumps Ltd from RHP Group Ltd. Calorex is a UK company producing dehumidifiers as well as heat pumps for swimming pools and equipment for heat recovery and drying of buildings....

15/01/16

Procuritas Capital Investors V LP acquires Dantherm HVAC and Telecom EMEA from Dantherm A/S

Guernsey/Skive Private equity fund Procuritas Capital Investors V LP acquires Dantherm HVAC and Telecom EMEA from Dantherm A/S The acquisition will take place through a newly established Danish holding company and includes subsidiaries in Denmark, Norway, Sweden, UK and Germany. The acquired group had revenues of c. 310 MDKK in 2015 and has 240 employees....

12/08/15

Procuritas Capital Investors V LP invests in Daldata AS

Guernsey/Oslo Procuritas Capital Investors V LP invests in Daldata AS, a leading Norwegian accounting software and cloud service provider. Daldata AS is a Norwegian company, founded in 1982, that has established itself as a top accounting software and cloud service provider to the Norwegian accounting and agriculture sector as well as to other Norwegian SMEs. Based...

09/12/14

Procuritas Capital Investors V LP invests in Fidelix Oy

Guernsey Private equity fund Procuritas Capital Investors V, LP acquires majority of Finnish Fidelix Oy. Procuritas Capital Investors V, LP advised by the eldest Private Equity firm in the Nordic region today, Procuritas, are pleased to announce the acquisition of a majority ownership of the Finnish building management company Fidelix Oy. The investment is part...

15/09/14

Procuritas Capital Investors IV signs agreement to sell King Oscar Holding AS

Guernsey/Stockholm Procuritas Capital Investors IV LP A (PCI IV) has signed an agreement to sell King Oscar Holding A/S to Thai Union Frozen Products (TUF), a Bangkok listed, global leading seafood company with 2013 revenues of ca.3,6 BUSD. The transaction is subject to customary antitrust review and closing of the transaction is expected in Q4...

05/09/14

Gram Equipment merges with WCB Ice Cream

Vojens Gram Equipment, a PCI IV portfolio company, merges with WCB Ice Cream. The merger between the companies WCB Ice Cream and Gram Equipment creates the world’s leading supplier of equipment and solutions for the ice cream industry worldwide. The two companies, WCB Ice Cream and Gram Equipment – with operations in Denmark, the US,...

09/05/14

Procuritas Capital Investors V LP invests in Pierce AB

Guernsey/Stockholm Procuritas Capital Investors V LP (“PCI V”) invests in Pierce AB, a leading European online retailer focused primarily on the motocross segment on the web platform 24MX. “We are truly excited about this opportunity. Pierce is a fast-growing niche