News. 21/02/07

Procuritas sells Lekolar AB

Press Release, Stockholm and Osby

Lekolar AB, the Nordic market leading distributor of educational supplies, majority owned by Procuritas Capital Investors III since 2004, is divested to 3i. The group has over these three years more than tripled in sales and had in 2006 sales of more than SEK 1 billion.

The group is the leading supplier of furniture, educational material, toys, stationary and arts & crafts to pre-schools and schools in the Nordic region, and provides a full assortment for its customers. Lekolar-group consists of BRIO Lek&Lär AB in Sweden, Printel OY in Finland, RABO A/S in Denmark and BRIO Lek&Laer A/S in Norway.

– Lekolar AB has over the last three years been through an exciting journey, and we are happy to have been a part of this. The company has strengthened its strong market positions, while maintaining its focus on delivering superior customer value, state Patrik Rignell and Tomas Johansson at Procuritas Partners KB, the adviser to the fund Procuritas Capital Investors III. We have been impressed by the dedication of the management and other employees, and we wish the management and the new owner success over the coming years.

The group has c. 230 employees, with headquarters in Osby.

– We have together with our owner Procuritas Capital Investors III developed the group into a much stronger and better Nordic position in order to support our customers even better in improving learning environments. We now look forward to continuing to develop the company further under new ownership, says Nikolas Larsson, CEO of Lekolar AB.

Lekolar AB has been majority owned by Procuritas Capital Investors III since early 2004, with the management and directors as other owners. Procuritas Capital Investors III is a private equity fund focused on mid-sized companies in the Nordic region. The fund’s investors include, among others, Nordea Liv, Sampo and Statoil. The fund is advised by Procuritas Partners KB. Handelsbanken Capital Markets has acted as financial advisors to the sellers.

For questions, please contact

Lekolar CEO Nikolas Larsson
tel. +46 705 45 43 32, or
Procuritas Partners KB, Patrik Rignell/Tomas Johansson
tel. +46 8 506 143 00

More news.

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...