CapMan Growth Equity press release 30 May 2018 at 9.00 a.m. EEST
CapMan Growth Equity to invest in nationwide earthmoving equipment company RealMachinery
CapMan Growth Equity has made a significant minority investment in RealMachinery, a nationwide earthmoving equipment company. The investment into RealMachinery is CapMan Growth Equity’s second new investment completed during the first half of the year from the fund focusing on growth investments with a total of eight portfolio companies.
RealMachinery Ltd, founded in 2010, is a nation-wide full-service house specialised in machinery, that sells, rents, maintains and equips earthmoving machinery for each purpose. In addition to RealMachinery, a part of the machinery house is Dae-Tek Ltd which has over 25 years of experience in machinery sales and importation. In 2017, the net sales of new RealMachinery Group were EUR 65 million and it employs approximately 100 persons in total.
With the help of CapMan Growth Equity investment, the company aims to strengthen its position in the leasing and financing market, broaden its service portfolio and enter new customer segments. The operations shall also be expanded to the Nordics by using the current brand portfolio.
“I am very pleased to enter into this agreement with RealMachinery. The company has a great culture of entrepreneurship with the courage to try and do new things which supports our vision to grow RealMachinery to a leading earthmoving equipment company in the Nordics,” says Antti Kummu, Partner of CapMan Growth Equity.
The objective of the Growth Equity investment activities is to find unlisted target companies with strong growth potential, to make significant minority investments worth more than one million in them and, as an active investor, to develop their value so as to achieve returns in excess of the market average. CapMan’s Growth Equity portfolio consists of eight unlisted Nordic companies at the moment.
For further information, please contact:
Antti Kummu, Partner, Growth Equity, CapMan Plc, tel. +358 50 432 4486
CapMan
www.capman.com
@CapManPE