News. 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 Zhang also joins as Analyst from management consultant Oliver Wyman.  She holds a M.Sc. in Industrial Engineering & Management, Financial Mathematics from the KTH Royal Institute of Technology in Sweden.

Andreas Steinacher has been promoted to Investment Manager following his fantastic work on various projects including the Strandberg acquisition and add-on acquisitions for Nature Planet.

2021 was the most active year for Procuritas in terms of deal activity with the exits of SOFACOMPANY, Ouriginal, Dantherm and Pierce coupled with the acquisitions of Strandberg, Frendy, Polarn O. Pyret and Medtanken.   The firm also completed a total of 14 add-on acquisitions across various portfolio companies.

Johan Conradsson, co-Managing Partner of Procuritas, commented, “2021 was a record year for us with some stellar exits underlining the effectiveness of our systematic transformative growth plans and we have entered into some exciting new deals with lots of potential and to keep us just as busy in 2022.  We are delighted to be able to expand the team accordingly and are pleased that Andreas is getting his well-deserved promotion.”

About Procuritas
Procuritas is a mid-market Nordic private equity investor, building up regional service champion and global niche leaders through transformative growth.  As the longest-established private equity firm in the Nordics with a 35-year track record, Procuritas has carefully invested in more than 45 companies, accelerating their growth and helping them to realize their true business potential. The long-serving team is characterised by its passion for business, hands-on experience, enthusiasm, commitment to ESG-linked value creation initiatives and strong belief that they are allies in the quest to build strong and sustainable businesses.

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