M&A Deal Summary

BaltCap Acquires Hansab

On May 1, 2023, private equity firm BaltCap acquired business services company Hansab

Acquisition Highlights
  • This is BaltCap’s 10th transaction in the Business Services sector.
  • This is BaltCap’s 32nd transaction in Estonia.

M&A Deal Summary
Date 2023-05-01
Target Hansab
Sector Business Services
Buyer(s) BaltCap
Deal Type Buyout (LBO, MBO, MBI)

Target

Hansab

Tallinn, Estonia
Hansab is a provider of innovative automation and digitalization solutions and services. Hansab develops and provides security, cash handling, point of sales, parcel handling, queuing, parking and other automation solutions and services to its B2B customers in logistics, finance, public, retail and other sectors. Hansab was founded in 1991 and is based in Tallinn, Estonia.

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Buyer(S) 1

Buyer

BaltCap

Vilnius, Lithuania

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1995
PE ASSETS 400M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

BaltCap is a private equity and venture capital group focused on investing in the Baltic States of Latvia, Estonia, and Lithuania. The Firm looks to fund buyouts, buy-ins, and growth capital needs. BaltCap is a generalist investor and will consider opportunities in a wide range of sectors. The Firm will consider both the majority and minority positions. BaltCap was formed in 1995 and has offices in Tallinn, Riga, Vilnius, Helsinki, Stockholm, and Warsaw.

DEAL STATS #
Overall 97 of 98
Sector (Business Services) 10 of 10
Type (Buyout (LBO, MBO, MBI)) 56 of 57
Country (Estonia) 32 of 33
Year (2023) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-01 Amateks

Olaine, Latvia

Amateks is a producer of metal components and complementary parts that offers lathing, milling, and welding services using high precision and effective equipment. Amateks was founed in 2002 and is based in Olaine, Latvia.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-23 VKG Elektrivorgud

Narva, Estonia

VKG Elektrivorgud is the second largest regulated distribution network operator in Estonia. Its network operations in northeastern Estonia cover the towns of Narva, Narva-Joesuu, and Sillamäe, as well as surrounding areas with ca 71,000 inhabitants and heavy industry. The grid consists of 946 km of power lines and 374 substations at low, medium and high voltages. VKG Elektrivorgud is based in Narva, Estonia.

Buy -
Mergr

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