CapMan Life science invests in healthcare service group
Funds managed by CapMan today announced an investment in Telemark Røntgen Group.
Telemark Røntgen Group is a leading supplier of medical imaging services, such as MR, CT, mammography and ultrasound diagnostics in Norway. The group was established in 2001, and had 50 employees in 2006. Today the firm has a market share of approximately 18 % and net sales totaled about EUR 15 million.
CapMan Buyout VIII and CapMan Life Science Fund IV will make the investment, and together the two funds will own a 67 % stake in the company.
Closing is expected by mid August, however the transaction has yet to be approved by the Norwegian competition authorities.
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