Copenhagen, 11 June 2007
Stock exchange announcement no
6/2007
Investment Commitment to Litorina Kapital III
Scandinavian Private Equity A/S (SPEAS) has made an investment
commitment of SEK 100 million to the private equity fund Litorina
Kapital III.
Litorina Kapital is a Swedish private equity firm based in Stockholm.
Since 1998, Litorina Kapital has acquired 22 companies, and its
current portfolio includes 11 companies with a total turnover over
SEK 3 billion.
Litorina Kapital III anticipates making equity investments in the
range of SEK 50-150 million per portfolio company, and seeks - like
in the previous fund - majority control in small and mid-sized
businesses with a strong market position. The fund's geographical
focus is Sweden.
Including the investment commitment to Litorina Kapital III, SPEAS
has made total investment commitments of approx DKK 565 million to
private equity funds in line with SPEAS' objective of making new
commitments to private equity funds shortly after its listing.
Besides Litorina Kapital III, SPEAS has made investment commitments
to EQT V and Industri Kapital 2007.
The investment commitment to Litorina Kapital III supports that SPEAS
through its investment strategy and co-operation with the management
company, Scandinavian Private Equity Partners, is considered an
attractive partner to the funds and can get the opportunity of
investing in attractive private equity funds.
For more information on Litorina Kapital, please refer to their
website, www.litorina.se.
For further information, please contact:
Ole Mikkelsen, CEO, tel +45 70 25 10 55, mobile +45 30 66 96 30
