M&A Deal Summary

Adolfsen Group Acquires Frosunda

On March 12, 2018, private equity firm Adolfsen Group acquired consumer services company Frosunda from HgCapital

Acquisition Highlights
  • This is Adolfsen Group’s 1st transaction in the Consumer Services sector.
  • This is Adolfsen Group’s 2nd transaction in Sweden.

M&A Deal Summary
Date 2018-03-12
Target Frosunda
Sector Consumer Services
Buyer(s) Adolfsen Group
Sellers(s) HgCapital
Deal Type Secondary Buyout

Target

Frosunda

Stockholm, Sweden
Frosunda provides personal assistance (care delivered to the home) and housing (group assisted accommodation) services for adults and children with physical or mental disabilities. Frosunda was founded in 1994 and is based in Stockholm, Sweden.

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Buyer(S) 1

Buyer

Adolfsen Group

Investor Investor Investor Investor Investor

Category Private Equity Firm
Size Large
Type Sector Agnostic
DESCRIPTION

Adolfsen Group is a Norwegian investment group focused on acquiring controlling and non-controlling stakes in companies and markets at an early stage where there is a potential for restructuring or strong underlying growth. Target sectors include care services, leisure, staffing, and real estate. Adolfsen Group is based in Oslo.

DEAL STATS #
Overall 4 of 4
Sector (Consumer Services) 1 of 1
Type (Secondary Buyout) 3 of 3
Country (Sweden) 2 of 2
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-21 Hero Norge

Stavanger, Norway

Hero Norge is a private company offering services aimed towards the target group's asylum seekers, refugees, and immigrants. Hero Norge was founded in 1987 and is based in Stavanger, Norway.

Buy -

Seller(S) 1

SELLER

HgCapital

London, United Kingdom

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2000
PE ASSETS 70.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

HgCapital is a European private equity firm focused on a wide range of transactions including public-to-private leveraged buy-outs, management buy-ins, divestitures, and turnarounds. Broad sectors of interest include consumer and leisure, healthcare, industrials, services, technology, media, and renewable energy. The Firm will consider both majority and minority investment positions. HgCapital is the successor to Mercury Capital Partners, a former unit of Merill Lynch which was spun out by management in 2000. HgCapital has offices in London and Munich.

DEAL STATS #
Overall 60 of 93
Sector (Consumer Services) 3 of 3
Type (Secondary Buyout) 20 of 34
Country (Sweden) 1 of 1
Year (2018) 1 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-26 Register

Florence, Italy

Register is a provider of digital services for professionals and SMBs such as domain registration, hosting, servers, website creation, e-commerce, brand protection. Register provides domain and hosting services under Register.it, Sfera, Etinet, Dominiando, Namesco, Simply Hosting, Tagadab, LCN Register365, LetsHost, Hosting Ireland, Nominalia, Dominios.pt, Iberweb, and Amen brands. Register was founded in 1995 and is based in Florence, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-23 Allocate Software

Richmond, United Kingdom

Allocate Software is a provider of specialist workforce optimisation, organisational flow improvement, governance, risk & compliance software focused on helping our customers manage large, multi-skilled workforces in complex, fast changing environments. Allocate Software was established in 1991 and is based in Richmond, United Kingdom.

Sell -
Mergr

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