CapMan invests in Mawell
CapMan Technology 2007 fund today announced it is to investment in Mawell, an ICT company providing solutions that enhance patient safety, quality and productivity to private and public healthcare organizations as well as the pharmaceutical industry. T
CapMan Technology 2007 fund will invest approximately EUR 8 million in Mawell, and will thereby become the largest single owner of the company. The investment will enable the company expand its operation more towards the international market.
Mawell was established in 2001, and today has 120 employees. The targeted turnover for 2007 is EUR 10 million.
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| Fund | CapMan Technology Fund 2007 |
| Portfolio Company | Mawell |
| Date of Transaction | 2007-09-11 |
| Transaction | Acquisition |
| Seller | |
| Buyer | |
| Size of Transaction | EUR 8.0m |
| Ind. Focus | ICT |
| Geography | Finland |
| Stage | Venture |