CapMan exits Synerco
The funds managed by CapMan have exited Synerco, a Swedish supplier of integrated facility, security and office services. Addici Holding AB, a Swedish provider of business solutions and services, is acquiring the company from the CapMan funds.
Addici Holding AS is supported by Argan Capital in the transaction. Synerco has approximately 1200 employees and net sales for 2006 totaled EUR 76 million.
During the investment period Synerco’s annual growth has outperformed the market average, and represents a successful investment for Capman.
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| Fund | CapMan Equity VII LP Argentum share 22.33% |
| Portfolio Company | Synerco |
| Date of Transaction | 2007-04-19 |
| Transaction | Trade-sale |
| Seller | CapMan Equity VII LP |
| Buyer | |
| Size of Transaction | |
| Ind. Focus | Other |
| Geography | Sweden |
| Stage | Small/mid-cap buyout |