Consolidation • Automotive

Procuritas Capital and LGT Capital Partners Acquire Werksta

On January 31, 2016, private equity firm Procuritas Capital and LGT Capital Partners acquired automotive company Werksta

Acquisition Context
  • This is Procuritas Capital’s 1st and LGT Capital Partners’ 1st transaction in the Automotive sector.
  • This is Procuritas Capital’s 13th and LGT Capital Partners’ 1st transaction in Sweden.

Explore All 69 Consolidation Automotive Deals - Search the Database Free


M&A Deal Summary

Date January 31, 2016
Target Werksta
Sector Automotive
Buyer(s) Procuritas Capital
LGT Capital Partners
Deal Type Consolidation

Target Company

Werksta

Danderyd, Sweden
Werksta is an independent car collision repair chain specialists in sheet metal work, plastic work, painting, construction, technology, and glass. Werksta was founded in 2015 and is based in Danderyd, Sweden.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyers Overview 2

Buyer

Procuritas Capital

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1986
PE ASSETS 1.1B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Procuritas Capital is a private equity firm focused on acquiring middle-market Nordic companies. Procuritas Capital does not have any sector preferences and generally seeks to acquire businesses with €15 to €100 million in revenue valued up to €100 million. Target acquisition characteristics include strong management in place, opportunities for growth, and unique products/services. Procuritas Capital was established in 1986 and is based in Stockholm, Sweden.


Deal Context for Buyer #
Overall 24 of 44
Sector: Automotive 1 of 2
Type: Consolidation 1 of 3
Country: Sweden 13 of 23
Year: 2016 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-15 Dantherm

Skive, Denmark

Dantherm is a provider of climate control products and solutions. The company is designing and manufacturing high-quality and energy-efficient equipment for heating, cooling, drying, and ventilation for a wide range of mobile and fixed applications. Dantherm was formed in 1958 and is based in Skive, Denmark.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-06 SEM

Amal, Sweden

SEM is a manufacturer, marketer, seller, and producer of electronic ignition systems and control systems for combustion engines, including heavy- and medium-duty vehicle engines, natural gas engines, and small engines. SEM’s products and systems provide greater engine power and lower fuel consumption while reducing harmful emissions. SEM was founded in 1915 and is based in Amal, Sweden.

Buy -
Buyer

LGT Capital Partners

Pfaeffikon, Switzerland

Category Company
Sector Financial Services
DESCRIPTION

LGT Capital Partners is a leading alternative investment specialist with billions in assets under management and more than 300 institutional clients. A large, international team is responsible for managing a wide range of investment programs focusing on private markets, liquid alternatives and multi-asset class solutions.


Deal Context for Buyer #
Overall 2 of 3
Sector: Automotive 1 of 1
Type: Consolidation 1 of 1
Country: Sweden 1 of 1
Year: 2016 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-11 Clerestory Capital Advisors

New York, New York, United States

Clerestory Capital Advisors LLC investment and advisory firm that provides investors with global access to real estate via funds, co-investments and secondary investments.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-12 sofa.com

London, United Kingdom

Sofa.com makes and sells personalised beds, sofas and armchairs.

Buy -

Explore Related M&A Activity