Press release CapMan Buyout IX gör exit i Esperi
CapMan Buyout sells Esperi
CapMan Plc Stock Exchange Release 27 May 2016 at 9.30 a.m. EEST CapMan Buyout sells Esperi
Funds managed by CapMan have agreed to sell their holdings in Esperi Care Oy. The transaction generates €6.1 million in cash flow to CapMan Plc and its result impact for 2016 is €1.4 million due to positive changes in fair value of own investments that have not yet been booked during the course of the investment. The transaction is subject to approval from the Finnish Competition and Consumer Authority and is expected to be completed during summer.
Esperi is a leading Finnish social care company that offers residential care services
to seniors and clientele with special needs. Esperi serves both the public sector and
private individuals nationwide.
”We are very pleased with our investment in Esperi. During our ownership Esperi has
grown into a national leader in its field while emphasising quality of service and
developing new social care concepts and approaches for residential care. During our
involvement Esperi has created several new jobs and invested in a knowledgeable
staff, which is the key to sustainable growth. Consolidation in the private social care
sector continues and now the timing is perfect for a new owner to take over,”
comments Markus Sjöholm, senior partner of CapMan Buyout and Chairman of the
Board of Esperi.
Funds managed by CapMan invested in Esperi in 2010. During CapMan’s ownership
Esperi’s capacity has grown from less than 1,000 to 3,700 residents while turnover
and number of employees has increased fourfold to €160 million and 4,000
professionals, respectively. The strong growth is both organic and due to
acquisitions. In the past few years, the company has strengthened its position in the
residential care sector while disposing of business outside of the core strategy.
”CapMan has been an active and inspiring owner and cooperation has been
excellent in general. Together we have laid a solid foundation, on which to continue
creating growth,” comments Marja Aarnio-Isohanni, CEO of Esperi Care Oy.
Funds managed by CapMan own 76.4% of Esperi. At closing, ownership in Esperi is
transferred to the investment company ICG, pension insurance company Etera and
Esperis’ active management.
For more information, please contact:
Markus Sjöholm, Senior Partner, Head of CapMan Buyout, tel. +358 40 50 80 121
Niko Haavisto, CFO, CapMan Plc, tel. +358 50 465 4125
Marja Aarnio-Isohanni, CEO, Esperi Care Oy, tel. +358 400 694 340
CAPMAN PLC
Linda Tierala
Manager, Communications & IR
Distribution:
Nasdaq Helsinki
Principal media
www.capman.com
CapMan www.capman.com
CapMan is a leading Nordic investment and asset management company. For more
than 25 years, we have been developing companies and real estate and supporting
their sustainable growth. We are committed to understanding the needs of our
customers in an ever-changing market environment. Our objective is to provide
attractive returns and innovative solutions for our investors and value adding services
for professional investment partnerships, growth-oriented companies and tenants.
Our independent investment partnerships – Buyout, Real Estate, Russia and Nest
Capital – as well as our associated company Norvestia are responsible for investment
activities and value creation. CapMan’s service business offering includes fundraising
advisory services, purchasing activities and fund management services to both
internal and external customers. CapMan has 100 professionals and assets under
management of €2.7 billion.
Esperi Care Group www.esperi.fi
Esperi offers homely, versatile living services for the elderly, the disabled and those
in rehabilitation. We collaborate with over 150 Finnish municipalities, and have over
3,700 places for inhabitants all around Finland. We provide employment for 4,000
professionals in the field of social and health care services, and our revenue in 2016
was over €160 million.
ICG www.icgam.com
ICG is a specialist asset manager with a 27-year history in private debt, credit and
equity. We have invested in the Nordic markets for over 25 years, and combine
flexible capital solutions, local access and insight with an entrepreneurial approach.
ICG has €21.6bn of assets under management globally). We are listed on the
London Stock Exchange (ticker symbol: ICP), and regulated in the UK by the
Financial Conduct Authority (FCA).

