CapMan Buyout press release
10 October 2019 at 10.15 am EEST
CapMan’s exit from Kämp Collection Hotels has been completed
The competition authority has approved Nordic Choice Hotels’ acquisition of Kämp Collection Hotels from funds managed by CapMan Buyout and other owners. The acquisition, announced in August, was finalised on 9 October. The new owner aims at significantly increasing the hotel supply in Helsinki.
CapMan Buyout X fund invested in Kämp Collection Hotels in 2014. The transaction is the fifth exit from the 2013 fund, which has developed well overall. CapMan Buyout is the largest mid-market private equity team in the Nordic region, with 11 investment professionals in Finland and Sweden and 30 years of industry experience. CapMan Buyout has made a total of more than 80 investments and more than 70 exits since 1989 and it is actively looking for suitable investments for its eleventh fund, which held a first close at €160 million in June 2019.
Tomi Alén, Investment Director, CapMan Buyout, tel. +358 50412 1947
CapMan Buyout is part of CapMan Group, a leading Nordic private asset expert with an active approach to value-creation in its portfolio companies and assets, with assets under management of more than €3 billion. CapMan has a broad presence in the unlisted market through our local and specialised teams. The investment strategies cover Private Equity, Real Estate and Infra. CapMan also has a growing service business that includes procurement services, fundraising advisory, and analysis, reporting and wealth management services. Altogether, CapMan employs 140 people in Helsinki, Stockholm, Copenhagen, London, Moscow and Luxembourg. For more information, please visit www.capman.com