CapMan Buyout invests in Malte Månson - one of the leading networks of heavy vehicle service workshops in Sweden

CapMan Press Release 12 June 2014 at 12:30 p.m. EEST

CapMan Buyout invests in Malte Månson - one of the leading networks of heavy vehicle service workshops in Sweden

CapMan Buyout X fund acquires a majority holding in Malte Månson, one of Sweden's largest independent networks of heavy vehicle service workshops. CapMan's investment creates opportunities for growth and expansion in a market with very interesting future prospects.

Founded in 1918, Malte Månson operates one of the largest chains of service workshops for primarily commercial vehicles in Sweden. The company is headquartered in Skänninge and operates in 12 cities. The workshops are authorized to service and repair vehicles from multiple well-known manufacturers in the automotive and engine industry. The company also sells and markets diesel engines, spare parts and accessories for industrial use. The company's turnover is around EUR 35 million (SEK 330 million) and it employs over 120 people.

CapMan Buyout's strategy is to invest in unlisted medium-sized companies with extensive opportunities for development, and provide them support through both capital and industrial know-how.

"Malte Månson has a very strong expertise in engines and service of vehicles, as well as a strong position in a market where the traditional structures are undergoing change. Most notably the domination by few players is gradually being challenged. The fragmentation of the market also provides considerable opportunities for acquisitions and consolidation. In addition, Malte Månson has a well-known brand, a strong management and a competent and committed workforce; factors that are always important for our investment decisions," comments Tobias Karte, Investment Director at CapMan Buyout.

Malte Månson's CEO Dan Nilsson says: "We have very positive experiences of CapMan's commitment and competence during the period when CapMan has looked into Malte Månson. CapMan has played an important role in the preparation of the business plan that is already starting to bear fruit. We need a financially strong owner such as CapMan to support in the consolidation of the industry and further develop the company's operations. We can now take advantage of the expansion opportunities that exist on this fragmented market."

The parties have decided not to disclose the purchase price. As a result of the transaction, CapMan Buyout X fund will hold approx. 86 of the shares in the company.

Further information:

Tobias Karte, Investment Director, CapMan Buyout, tel. +46 733 442 896

Dan Nilsson, CEO, Malte Månson's, tel. +46 765 383 807

CapMan www.capman.com
CapMan Buyout is the largest mid-market private equity team in the Nordic region, with 20 investment professionals in Finland, Norway and Sweden and 24 years of experience. The team has made a total of 78 investments and 58 exits and its tenth fund CapMan Buyout X is currently in active investment phase.

CapMan Buyout is part of CapMan Group, a leading private equity firm in the Nordic countries and Russia, with assets under management of EUR 3.1 billion. CapMan has five key investment partnerships - CapMan Buyout, CapMan Russia, CapMan Credit, CapMan Public Market and CapMan Real Estate - each of which has its own dedicated investment team and funds. Altogether, CapMan employs around 100 professionals in Helsinki, Stockholm, Oslo, Moscow and Luxembourg.

Malte Månson www.maltemanson.com

Founded in 1918, Malte Månson operates one of the largest chains of service workshops for primarily commercial vehicles in Sweden. The company is headquartered in Skänninge and operates in 12 cities.

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