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11/21/2009

CapMan Public Market Fund Invests in Intrum Justitia AB

October 28, 2009
 
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London - CapMan Public Market Fund has invested in Europe's leading credit management services company Intrum Justitia AB and currently holds 4.0 per cent of the outstanding shares and votes in the company.  The aim of CapMan Public Market Fund is to support Intrum Justitia in its future growth and profitability enhancement.

"Intrum Justitia has very good potential for further growth and profitability enhancement. The company is a leader in its markets and is, with its broad service offering and wide geographical coverage, well positioned to lead consolidation in the industry and take advantage of outsourcing trends. We are excited to participate in the further development of Intrum Justitia in cooperation with the company's Board of Directors, management and other large owners," says CapMan Senior Partner Joakim Rubin.

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"This is the fund's second announced investment since it was established in July 2008. The investment fits very well with our aim to invest in listed companies with a significant value and growth potential," says Joakim Rubin.

Intrum Justitia is Europe's leading credit management services group, offering comprehensive services designed to measurably improve clients' cash flows and long-term profitability.  Founded in 1923, Intrum Justitia has 3,300 employees in 23 countries.  Consolidated revenues amounted to SEK 3.7 billion in 2008. Intrum Justitia AB is listed on Nasdaq OMX Nordic Exchange in Stockholm since 2002.

CapMan Public Market Fund invests in listed Nordic mid-cap companies. The fund aims to bring CapMan's value creation tools to its portfolio companies and seeks to achieve long-term value enhancement through active ownership. To date the fund has announced one investment in Europe's leading kitchen company Nobia AB, which is listed on the Nasdaq OMX Nordic Exchange in Stockholm.

About CapMan
CapMan (www.capman.com) is one of the leading alternative asset managers in the Nordic countries and Russia and manages private equity funds with approximately EUR 3.5 billion in total capital. CapMan has six investment areas (CapMan Buyout, CapMan Technology, CapMan Life Science, CapMan Russia, CapMan Public Market and CapMan Real Estate), and each of them has a dedicated team and funds. Altogether CapMan employs over 150 people in Helsinki, Stockholm, Copenhagen, Oslo and Moscow. CapMan was established in 1989 and its B shares are listed on the Helsinki Stock Exchange since 2001.

 

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