Litorina Kapital III acquires Securia
Litorina Kapital III announced the acquisition of Securia, a leading supplier of security related services and insurance solutions in the Swedish market. The fund will become Securia’s the majority owner following the purchase.
Securia was founded in 1999. The company has seen sales increase by approximately 90 % over the last two years. The funding from Litorina Kapital will support further growth and expansion.
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| Fund | Litorina Kapital III LP Argentum share 8.7% |
| Portfolio Company | MySafety (PKA Securia) |
| Date of Transaction | 2007-06-28 |
| Transaction | Acquisition |
| Seller | |
| Buyer | Litorina Kapital III LP |
| Size of Transaction | |
| Ind. Focus | Other |
| Geography | Sweden |
| Stage | Small/mid-cap buyout |