Buyout

What are Nordic champions made of?

Dedicated to the craft of architecture since 1965, SARC Architects has received multiple awards for their work in Finland and abroad. The firm was, for instance, awarded the Finlandia architecture prize for their design of the new children’s hospital in Helsinki.

We invest in winning company cultures

We look for interesting growth stories, niche market leaders, winning company cultures and ppassionate entrepreneurs. Here’s one example!

We support visionary entrepreneurs

CapMan’s eleventh Buyout fund acquired a majority stake in industrial software solutions provider PDSVISION, with key members of the organization retaining a significant share.

About CapMan Buyout

years of private equity experience

investment professionals in Helsinki and Stockholm

€ million in funds under management

Investments, of which 90 existed

We are experts in mid-market Buyouts as we invest in unlisted companies in the Nordic countries. We look for interesting growth stories, niche market leaders, winning company cultures and passionate entrepreneurs. Our team has built Nordic success stories for 30 years. 

Selection of success stories

What do Harvia, the world’s leading sauna and spa company, and Forenom, the leading serviced apartment provider in the Nordic region, have in common? CapMan Buyout’s handprint is clearly visible in both companies. Nordic roots combined with an international ambition is reflected in the growth stories of our portfolio companies beyond our holding period. Our team has built Nordic success stories for more than 30 years.

We invest in mid-sized unlisted companies in the Nordic countries. We are a generalist investor – the prospects to grow into a best-in-class company is the differentiating factor instead of industry or sector. We make majority investments of approx. €15-75 million in equity in companies with sales of €50–300 million based in the Nordic countries.

After becoming an owner, we set the strategic priorities for the next 4 – 6 years together with the company’s management.

As an active owner, we work closely with management in strategic and operational initiatives, recruit skilled board members and utilise the experience of our industrial advisors to reach the targets.

We invest in growth and help companies to implement scalable operating models and to execute roll-up acquisitions. While growing, we maintain margins through operational excellence, strengthen the management and build an institutional platform with good governance practices.

We further develop the winning culture of the company and make sure the company is well positioned for the next phase. After our holding period, a niche market leader has become a domestic champion or an international success.

Are you the next Nordic champion?

Our portfolio

Netox
Netox
Sarc + Sigge
Sarc + Sigge
Hydroware
Hydroware
MMSports
MMSports
MMSports AB was founded in 2002 and is one of the leading sports nutrition and
health supplement companies in Sweden. The company’s product offering consists
of sports nutrition, health supplements, gym equipment and accessories.
Pharmia
Pharmia
Pharmia specialises in contract manufacturing and development of food
supplements and CE-marked medical devices. The product portfolio consists of
vitamins and minerals, probiotics, as well as CE-marked flu treatment products.
Pharmia’s customers include pharmaceutical and food supplement companies,
pharmacies and wholesalers in the field in Finland and abroad. The company was…
PDSVISION
PDSVISION
PDSVISION was founded in 2008 and is the leading provider of software solutions
and services, focused towards helping companies succeed with product development
and aftermarket services.

PDSVISION’s solutions are centred around the portfolio of products provided by…
Renoa
Renoa
Renoa Group is a nationwide renovation and maintenance provider established in
2006 in Finland. The company specialises in water, heating, and plumbing systems
renovations. Renoa has completed more than 25,000 projects with high customer
satisfaction. The company has approx. 500 employers in Finland and Sweden.
Forenom
Forenom
Forenom manages over 6500 serviced apartments and aparthotel and hostel rooms in
all major Scandinavian cities, accommodating over 100 000 travellers every year.
Forenom operates the fastest growing aparthotel chain in the Nordics, provides a
totally new hostel concept for project workers and provides Nordic regions the
most extensive offering of serviced apartment.
Malte Månson
Malte Månson
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.
YrkesAkademin
YrkesAkademin
Founded in 1997, YrkesAkademin AB is the leading private provider of vocational
education and labour market training in Sweden. The company is headquartered in
Falun and has a nationwide presence in Sweden through approximately 80 education
units in 49 cities.

Our Funds

Fund Year Raised Status
CapMan Buyout XI Fund 2019 €190m Actively investing
CapMan Buyout X Fund 2013 €244m Value creation & exit
CapMan Buyout IX Fund 2009 €295m Value creation & exit
CapMan Buyout VIII Fund 2006 €440m Value creation & exit

CapMan Buyout XI Fund

Year: 2019

Raised: €190m

Status: Actively investing

CapMan Buyout X Fund

Year: 2013

Raised: €244m

Status: Value creation & exit

CapMan Buyout IX Fund

Year: 2009

Raised: €295m

Status: Value creation & exit

CapMan Buyout VIII Fund

Year: 2006

Raised: €440m

Status: Value creation & exit