InfoCare’s services comprise on-site service, workshop repair services and spare parts logistics for all major brands within the ICT industry. InfoCare has 1,036 employees at 60 sites in Norway, Sweden, Denmark and Finland. InfoCare was founded in 1986 and its net sales were approx. EUR 90 million in 2004.
InfoCare is the leading independent provider of ICT services in the Nordic countries. There has been strong growth in outsourcing of repair services over the past few years, and the industry has a steady growth outlook in the coming years.
Terje Gunnulfsen, the company’s current CFO, has been appointed CEO of InfoCare. InfoCare’s founder and current CEO, Helge Briseid Risnes, will become Chairman of the Board.
”InfoCare’s business has grown and developed well throughout the company’s history. The ICT service market is still fragmented and we believe that InfoCare has good preconditions to expand its position in Nordic markets,” says Markus Sjöholm, CapMan Partner.
”We are very pleased with this transaction. CapMan has good resources to strengthen InfoCare’s market position and business, and we are optimistic about our prospects for further growth. Regardless of the transaction, both Fujitsu Services and InfoCare are committed to continuing a strong commercial relationship,” says Helge Briseid Risnes, Chairman of InfoCare Holding AS.
For further information, please contact:
Markus Sjöholm, Partner, CapMan Buyout, tel. +358 9 6155 8312
Helge Briseid Risnes, Chairman, InfoCare Holding AS, tel. +47 380 66 012
About the companies:
CapMan Group
CapMan is one of the leading private equity investors in the Nordic countries and specialises in middle market buyouts in various industry sectors, technology investments in the IT and communications sectors and investments in life science companies. In addition, CapMan manages/advises private equity real estate funds. The CapMan team comprises around 95 people in Helsinki, Stockholm, Copenhagen and Oslo. CapMan manages/advises Nordic funds with approx. EUR 1.9 billion in total capital. To date, the funds managed/advised by CapMan have invested in 140 companies in the Nordic countries and exited from 73 companies. The latest investments are made in Norwegian Cardinal Foods AS, Finnish Moventas Oy (formerly Metso Drives Oy), Swedish SciBase AB and Danish Anhydro Group. The portfolio of CapMan’s first private equity real estate fund consists of 17 commercial properties in the Helsinki metropolitan area. CapMan Plc is listed on the Main List of the Helsinki Stock Exchange.
InfoCare ASA
InfoCare ASA was founded in 1986 in Kristiansand, Norway and is the Nordic market leader in ICT services of high volume products. InfoCare is an authorised service partner to all major brands within the ICT industry. The company has 1,036 employees located at 60 sites in Norway, Sweden, Denmark and Finland. InfoCare had net sales of MEUR 90 in 2004. www.infocare.com