HTL-Strefa strengthens Board of Directors with Rick Cook

eqt

HTL-Strefa is a fast-growing global med-tech company and pioneer in the medical sharps’ industry. The company is going through an exciting phase – transforming its commercial profile and execution capabilities, which has led to higher demand from customers. In order to fulfill the increased demand and to support the implementation of new investments in production, Rick Cook, former Global Head of Operations at Becton Dickinson, will join HTL-Strefa’s Board of Directors.

EQT V portfolio company HTL-Strefa is a global leading provider of proprietary capillary blood sampling and hypodermic injection devices. Global demographic megatrends, such as a growing number of insulin users and increasing need for safe point-of-care blood tests, underpin a solid underlying market growth for years to come. During EQT’s ownership, HTL-Strefa has embarked on a transformation journey from being a local manufacturer to a fully-fledged international medical device player.

Since the appointment of CEO Mikkel Danvold in January 2017 and the strengthening of HTL-Strefa’s management team, the top-line growth and earnings trajectory have been reinvigorated. The improved performance is the result of changing the commercial approach ensuring that customers and end-users are at the center of all decision-making. This approach has already led to a large number of new customers, an ongoing repositioning in the value chain, as well as implementation of multiple initiatives to ensure state-of-the-art commercial excellence and product innovation.

To meet the increased demand from both existing and new customers, HTL-Strefa is scaling up its organization and production capacity significantly. To support management in the implementation of the new expansion projects, Rick Cook will join HTL-Strefa’s Board of Directors. Rick has more than 30 years of experience in manufacturing and operations for Intravenous solutions and medical devices at all levels, from floor supervision to global operations leadership.

“As former Global Head of Operations at Becton Dickinson, Rick has a long track-record from leading large-scale projects within production and operations in the med-tech industry. Rick brings impressive experience which will be highly valuable to HTL-Strefa’s ongoing transformation. Supporting Mikkel and his team in implementing excellence in quality, service and cost from operations will bring competitive differentiation and enhanced value for customers”, says Gerard Van Odijk, Chairman of the Board of Directors at HTL-Strefa.

“I am honored to be asked to serve on HTL-Strefa’s Board of Directors. I look forward to helping Mikkel and the Operations team build upon the existing strong foundation and create a manufacturing culture and capability that will serve global customers of HTL with excellence in the exciting years ahead”, says Rick Cook, new Board Member of HTL-Strefa.

With the new commercial agenda being implemented, HTL-Strefa is uniquely positioned to further accelerate execution on the many top-line growth initiatives. The plan includes among other things a rapid channel expansion and launch of numerous new innovative products with distinct end-user benefits.

During EQT’s ownership, HTL-Strefa’s revenues have been growing at high single-digit rates and EBITDA margins have increased. With accelerated investments in product innovation and the implementation of an enhanced commercial strategy, growth has improved further to solid double-digit rates and are expected to continue to rise.

 

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Swedish technology entrepreneur Jakob Tolleryd joins Verdane

Verdane Capital

Verdane today announced it is welcoming technology entrepreneur Jakob Tolleryd to the team. Tolleryd brings invaluable experience, having founded, built and sold five technology companies the past 20 years, and will in his new position as partner help Verdane become the preferred partner to the management teams and owners of ambitious technology enabled growth companies.

“Verdane and I share the same investment philosophy, and have worked together in building several successful businesses over the years. Verdane stands out as the most attractive player in this market, and for me, after working together with the team for almost 10 years, joining them is the natural next step,” says Jakob Tolleryd.

Together, Tolleryd and Verdane have a long-standing and successful history of building fast-growing companies. In 2005, Tolleryd founded consumer finance comparison company, Compricer, which became part of Verdane Capital VII K/S’ (Verdane) portfolio in 2011, and was sold to Schibsted Media Group in 2013. The list of companies where Verdane and Tolleryd has joined forces also include companies such as MatHem, EasyArt and Desenio.

Tolleryd started his entrepreneurial career in 1996, and has since built an impressive track record founding companies such as Domain Network, Carambole, and Klikki, as well as Compricer and EasyArt. As part of the Verdane team, Tolleryd will contribute with his strong entrepreneurial background and experience from building fast-growing and profitable businesses.

“Verdane has a leading position within e-commerce and technology in the Nordics, having invested in companies such as newly listed Boozt, MatHem, Desenio, BabyShop and Outnorth. Among entrepreneurs, Verdane is considered a power house in this space, with its extensive network, in-depth expertise and experience in building tailored solutions to grow this type of businesses,” he says.

Over the past years, Verdane funds have invested in 158 companies within software and e-commerce, and have realised 96 companies. The current portfolio is on average growing with over 20% per year. According to Verdane’s managing partner Bjarne Lie, the addition of Jakob Tolleryd will position the company well to successfully source and execute more investments in this area.

“Digital transformation has been the main driver of the e-commerce boost over the past decade. Now, other and more mature industries will have to digitalise businesses and go-to-market models, creating opportunities for players with a tailored digital methodology and solutions. By welcoming Jakob Tolleryd to the team, Verdane confirms its leading position within this field of expertise,” he says.
For further information, please contact:

Bjarne Lie, bjarne.lie@verdanecapital.com or +47 918 15 508
About Verdane Capital Advisors and Verdane funds

Verdane funds provide flexible growth capital to fast growing software, consumer internet, energy or high-technology industry businesses. The funds are distinctive in that they can invest either in a single company, or in portfolios of companies. Verdane funds have €900m under management and have invested in over 300 holdings over the past 14 years. Verdane Capital Advisors has 28 employees working out of offices in Oslo, Stockholm, and Helsinki. More information can be found at: www.verdanecapital.com

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Axel Bard Bringéus joins EQT Ventures

EQT Ventures

EQT Ventures has strengthened its team of investment specialists and operational experts with Axel Bard Bringéus, former Global Head of Markets at Spotify, joining the fund. Get to know Axel in this video and find out how he will help to identify fast-growing, innovative and tech-enabled companies for support and investment in Germany.

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IK expands its small cap strategy to the Benelux region – Hires Sander van Vreumingen as Benelux Small Cap partner

ik-investment-partners

IK Investment Partners (“IK”), a leading Pan-European private equity firm, today announces that Sander van Vreumingen has joined as a Partner responsible for IK’s Benelux Small Cap team. 

IK has been present in the Benelux region since 1995 and has invested over €1bn into thirteen successful investments during this time. Within the mid cap space, IK has been one of the most active regional players with notable transactions including Vemedia, the market leader of OTC drugs, Magotteaux, the leading manufacturer of cast wear parts for the cement and mining industries and fund administrator Vistra, amongst many others. As IK now extends its small cap strategy, Sander van Vreumingen has been appointed partner and responsible for the Benelux Small Cap team.

Sander joins from Gimv, where he worked for over a decade, and prior to that at the Dutch investment firm Halder. He has substantial experience in the small cap segment, and has been involved in numerous transactions, including Mackevision, ALT, Arplas, Walkro, BMC, Oldelft, ARS Traffic & Transport Technology, Hebu and Geveke. Sander holds an MSc in Economics from Erasmus University Rotterdam.

IK’s Amsterdam office, which was established earlier this year, is led by Remko Hilhorst, Partner responsible for IK’s Mid Cap Benelux team. Remko Hilhorst has been with IK since 2001. Together, IK’s Small and Mid Cap teams will focus on investments with enterprise values of up to €500m, partnering with entrepreneurs who are looking for support to help them achieve the next stage of their company’s growth and development.

“Having both a mid cap and small cap practice operating on the ground will allow the firm to capitalise on the synergies which are present in the market and give the teams a superb investing platform from which to execute transactions,” said Remko Hilhorst, Partner at IK Investment Partners.

“Benelux is an important market for IK, offering many interesting investment opportunities in various sizes and sectors. Sander, with his wealth of experience and wide network of contacts in the region, is a great addition to our team to reinforce our strong position in Benelux. We are delighted to welcome him to the firm,” said Christopher Masek, Partner and CEO at IK Investment Partners.

“I am very pleased to join one of the most reputable private equity firms in the Benelux region. I look forward to working closely with Remko and the mid cap team whilst establishing a dedicated small cap team, in order to further enhance the firm’s existing success,” said Sander van Vreumingen, Partner at IK Investment Partners.

For further questions, please contact: 

IK Investment Partners
Remko Hilhorst, Partner
Phone: +44 207 304 4300

Mikaela Hedborg
Director Communications & ESG
Phone: +44 77 87 573 566
mikaela.hedborg@ikinvest.com

About IK Investment Partners
IK Investment Partners (“IK”) is a Pan-European private equity firm focused on investments in the Nordics, DACH region, France, and Benelux. Since 1989, IK has raised more than €9 billion of capital and invested in over 110 European companies. IK funds support companies with strong underlying potential, partnering with management teams and investors to create robust, well positioned businesses with excellent long-term prospects. For more information, visit www.ikinvest.com

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Ratos AB: Daniel Juhlin appointed new CEO of Plantasjen

Ratos

Daniel Juhlin has been appointed new CEO of Plantasjen, the Nordic region’s leading chain for sales of plants and gardening accessories. Daniel Juhlin has extensive experience from the consumer goods and retail sector, most recently as CEO of Byggmax AB, which is part of Byggmax Group AB. He will assume the position in December this year.

Daniel Juhlin has more than 15 years of experience from the consumer goods and retail sector. He most recently served as CEO of Byggmax AB, part of Byggmax Group AB, prior to this he was deputy CEO of Byggmax Group AB and Head of Marketing- and IT/online. Earlier positions include CEO of Candyking Sverige AB and CEO of Friggs AB. He is 43 years old and holds a MSc in Industrial Management from the Royal Institute of Technology in Stockholm. Daniel will assume his position as CEO of Plantasjen in December.

“In recent years, Plantasjen has implemented a number of initiatives, such as the launch of small-format store concepts, changes to the supply chain and the acquisition of SABA Blommor AB. Daniel will contribute to Plantasjen’s onward journey through his previous experience from consumer product companies and working in sales development, operational improvements and e-commerce focusing on the customer. His background is suitable for Plantasjen’s plans to develop e-commerce solutions and thereby renew its customer offering with the goal of improving customer satisfaction,” says Magnus Agervald, CEO of Ratos and company executive of Plantasjen.

Plantasjen was acquired in 2016 and is the Nordic region’s leading chain for sales of plants and gardening accessories with around 120 stores in Norway, Sweden and Finland and a primary focus on consumers. Sales amounted to NOK 3,624m and adjusted EBITA to NOK 293m in 2016. 

For further information, please contact:

Magnus Agervald, CEO Ratos, +46 8 700 17 00

Hilde Britt Mellbye, Chairman of the Board Plantasjen, +47 997 16 617
Helene Gustafsson, Head of IR and Press, +46 8 700 17 98

Financial calendar from Ratos:
Interim report January-September 2017       14 November 2017
Year-end report 2017                                    16 February 2018
Interim report January-March 2018               3 May 2018
Interim report January-June 2018                 17 August 2018
Interim report January-September 2018        25 October 2018

Ratos is an investment company that owns and develops unlisted medium-sized companies in the Nordic countries. Our goal as an active owner is to contribute to long-term and sustainable business development in the companies we invest in and to make value-generating transactions. Ratos’s portfolio consists of 14 medium-sized Nordic companies and the largest segments in terms of sales are Industrials, Consumer goods/Commerce and Construction. Ratos is listed on Nasdaq Stockholm and has a total of approximately 13,400 employees.

 

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Johan Hjertonsson succeeds Jan Svensson as CEO for Latour on September 1, 2019

Latour logo

Jan Svensson, CEO for Investment AB Latour since 2003, will leave on August 31, 2019.

The Board of Directors in Latour has appointed Johan Hjertonsson new CEO for Latour with the beginning from September 1, 2019. Johan Hjertonsson, 49 years old, is since 2009 CEO for AB Fagerhult and has previously been the CEO for Lammhults Design Group AB, and has had a number of different leading positions within Electrolux Group within marketing and product development. Johan Hjertonsson is today board member of Sweco AB and Nord-Lock International AB among others.

“The Board of Latour is happy to announce that Johan Hjertonsson is appointed to be the next CEO of Latour. As the main shareholder, Latour has had the benefit to follow AB Fagerhult’s successful development under Johan´s leadership. Johan is a much appreciated leader with the ability to build successful companies in an international environment. Johan has all the qualities that are required to continue to develop Latour´s strategy as a long-term owner for companies with proprietary products with an increasing global presence,” says Olle Nordström, Chairman of Latour.

“It is with great joy and confidence that I have accepted the offer to lead Latour going forward. Before I start, my intention is to leave my present commitment in the best possible way, and I will gradually increase my engagement in Latour, for instance by joining some of the boards in Latour’s holdings during 2018”, says Johan Hjertonsson.

“Under the leadership of Jan Svensson, Latour has had a very strong development. The wholly owned industrial operations has undergone a major change, and consists today of internationally successful companies still with high development potential. On top of that, Latour is the principal shareholder in ten listed companies, of which many has been added during Jan Svensson´s time as CEO. The total return for Latour´s shareholders amounts to around 1,500 per cent since he started, almost three times better than other listed companies on average”, say Olle Nordström.

“Our intention is that Jan Svensson, after leaving as CEO and board member of Latour, will remain in the Board for a number of Latour´s listed holdings. The Douglas family, principal owners of Latour, has expressed the wish for a continued co-operation through assigning Jan Svensson as the family’s representative from September 2019 an onwards in the nomination committee of Investment AB Latour”, says Carl Douglas and Eric Douglas in a comment.

 

Göteborg, October 26, 2017

 

INVESTMENT AB LATOUR (PUBL)

Jan Svensson, CEO

 

For further information, please contact:

Olle Nordström, Chariman of the Latour Board, +46 709 40 70 83

Johan Hjertonsson, CEO Latour from September 2019, +46 702 29 77 93

Jan Svensson, CEO Latour, +46 705 77 16 40

 

Investment AB Latour is a mixed investment company consisting primarily of wholly-owned industrial operations and an investment portfolio of listed holdings in which Latour is the principal owner or one of the principal owners. The investment portfolio consists of ten substantial holdings with a market value of about SEK 49 billion. The wholly-owned industrial operations generated a turnover of approximately SEK 8 billion in 2016.

 

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3i announces three new hires in its Private Equity team

3I

3i announces three new hires in its Private Equity team. The new hires highlight the strength and growth of the business across its core markets in Europe.

Philipp Bruchmann has joined as a Director in the Frankfurt office. Before joining 3i, Philipp was Vice President of Group Corporate Development and M&A Execution at Deutsche Telekom. Prior to this, he was a Principal at Warburg Pincus in Frankfurt and London, where he focused on the German-speaking markets across the TMT and business services sectors.

Jamie Supple has joined as a Senior Associate in the London office. Before joining 3i, Jamie was an Investment Manager at Duke Street, where he focused on the healthcare and services sectors, and prior to that worked in the investment banking team at Hawkpoint Partners in London.

Karel van der Voorden has joined as an Associate in the Amsterdam office. He is a deal team member for Basic-Fit (European discount fitness chain) and Euro-Diesel (manufacturer of power back-up systems. Prior to joining 3i, Karel worked in Morgan Stanley’s Benelux investment banking team in London.

3i’s Private Equity team has had a busy six months, with three new investments, Hans Anders (Benelux), Formel D (Germany) and Cirtec (North America). In addition, a number of its portfolio companies have made strategic bolt-on acquisitions, including Ponroy, ATESTEO and Etanco.

Alan Giddins and Menno Antal, Managing Partners and co-heads of Private Equity, commented:

“We would like to offer a warm welcome to our new colleagues in Frankfurt, London and Amsterdam. Their skills and experience will add greatly to the team as it seeks to identify attractive mid-market investment opportunities across our target markets of Europe and North America.”

-Ends-

For further information, contact:

3i Group plc
Kathryn van der Kroft
Media enquiries
Tel: +44 20 7975 3021
Email: kathryn.vanderkroft@3i.com

Imogen Harvey
Media enquiries
Tel: +44 20 7975 3027
Email: imogen.harvey@3i.com

Notes to editors:

About 3i Group

3i is a leading international investment manager focused on mid-market Private Equity and Infrastructure. Its core investment markets are northern Europe and North America. For further information, please visit: www.3i.com

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Activa Capital boosts its investment team with the appointment of Timothée Heron as associate

Paris, 10 October 2017
Activa Capital, the Paris-based independent private equity firm, is pursuing its development strategy and announces the arrival of Timothée Héron, 26, as Associate.
Timothée will reinforce the investment team in analyzing new opportunities. Prior to joining Activa Capital, Timothée
worked for 2 years as an M&A analyst at DC Advisory, after previous work experience in large and mid-cap M&A at UBS and Credit Suisse. Timothée is a graduate of Dauphine University, Paris.
“We are very pleased to welcome Timothée to Activa Capital’s investment team, which now counts 12 professionals dedicated to investments. His transactional experience on the French SME market will strengthen our ability to identify strong investment opportunities and support management teams with their growth projects”, says Christophe Parier, Partner at Activa Capital.
About Activa Capital
Activa Capital is a leading French mid-market private equity firm. Activa Capital manages over €500m of private equity funds on behalf of a wide range of institutional investors. Activa Capital partners with ambitious mid-sized French companies, valued at €20m to €200m, seeking to accelerate their growth and their international footprint. Learn more about Activa Capital at
activacapital.com
.

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CapMan Real Estate appoints Investment Directors in Sweden and Denmark

Capman

CapMan Real Estate appoints Investment Directors in Sweden and Denmark

Following its successful €425 million fund raising for its second pan Nordic Real Estate Fund, CapMan Real Estate has recruited Erik Visteus and Jacob Gade as Investment Directors in its Stockholm and Copenhagen offices to strengthen the team.

Erik brings with him 17 years of Swedish real estate experience from advising on and executing real estate transactions. He joins from JLL, where he was a National Director in the Stockholm office and responsible for transaction services and buy and sell-side mandates throughout Sweden. Prior to that Erik held positions with NCC and HSH Nordbank.

Jacob joins from Skanska in Denmark, where he was a manager in the project development department and brings nearly 13 years of asset management, project management and development experience with him.

“We are delighted to welcome Erik and Jacob to CapMan. Their strong backgrounds, contacts and reputations in two of our key Nordic real estate markets make them a great addition to our team,” says Mika Matikainen, Managing Partner and Head of CapMan Real Estate.

CapMan Real Estate has a team consisting of over 30 real estate professionals in Helsinki, Stockholm and Copenhagen. CapMan Real Estate currently has over EUR 1.7 billion of assets under management and the first fund was established in 2005.

For further information, please contact:
Mika Matikainen, Managing Partner, Head of CapMan Real Estate, tel. +358 40 519 0707
Ed Williams, Managing Partner, Sweden, CapMan Real Estate, tel. +46 76 506 20 71
Torsten Bjerregaard, Managing Partner, Denmark, CapMan Real Estate, tel. +44 7715 772 554

CapMan
www.capman.com
twitter.com/CapManPE

CapMan is a leading Nordic investment and specialised asset management company. As one of the Nordic private equity pioneers we have actively developed hundreds of companies and real estate and thereby created substantial value in these businesses and assets over the last 28 years. CapMan has today 110 private equity professionals and manages €2.7 billion in assets. We mainly manage the assets of our customers, the investors, but also make direct investments from our own balance sheet in areas without an active fund. Our objective is to provide attractive returns and innovative solutions to investors and value adding services to professional investment partnerships, growth-oriented companies and tenants. Our current investment strategies cover Buyout, Growth Equity, Real Estate, Russia, Credit, Infrastructure and Tactical Opportunities. We also have a growing service business that currently includes fundraising advisory, procurement activities and fund management.

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Partners Group expands Asian Private Real Estate leadership team with Managing Director role

Partners Group logo

Partners Group, the global private markets investment manager, has appointed Rahul Ghai as a Managing Director within its Singapore-based Private Real Estate team. In his new role, Rahul Ghai will focus on direct investments across the Asia-Pacific region and will report to Bastian Wolff, Managing Director and Head of Private Real Estate Asia.

Rahul Ghai brings close to 15 years of experience in the real estate investment industry. Prior to joining Partners Group, he was Head of Transactions, Asia-Pacific, and Head of Real Estate for South East Asia and Australia at Deutsche Bank Asset Management. Previously, he also worked for Standard Chartered Bank Principal Finance, Istithmar World, and Jones Lang LaSalle. He holds a joint MBA from ESSEC Business School and Cornell University and a bachelor’s degree from the University of Delhi.

Rahul Ghai comments: “I am delighted to be joining Partners Group at a time when the firm is experiencing strong growth and investing significantly into the build-out of its investment platform. The Asia-Pacific real estate market continues to offer a number of attractive investment opportunities, in particular value-add strategies in the region’s key gateway cities and under-capitalized assets in pre-global financial crisis programs that would benefit from more time and capital. I very much look forward to working with Bastian Wolff and the rest of the team.”

Bastian Wolff adds: “Rahul brings with him significant experience of investing across a broad cross-section of sectors and regions within the Asia-Pacific real estate market. This makes him the perfect addition to our team as we look to build on our existing track record and expand our portfolio of both direct and non-traditional secondary investments in the region, in line with our overarching relative value view and the opportunity set we see in the market.”

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