CapMan exits from Curato
Funds managed by CapMan have completed the exit from Curato AS, as announced earlier in its press release on September 16. CapMan subsequently sold its equity stakes to Altor Fund III. No financial details were mentioned regarding the transaction.
According to a report published by asset manager Argentum, CapMan first invested in Curato in 2007. Now, it has agreed to sell Curato to Altor, a private equity firm that focuses on investment and development of Nordic companies.
CapMan Buyout is the biggest mid-market private equity group in the Nordic region and Russia. Its investment partnerships included CapMan Buyout, CapMan Credit, CapMan Russia, CapMan Real Estate, and CapMan Public Market. Each of these key partners has its own investment team and funds. Its assets under management are valued at EUR3.8 billion.
Curato AS is one of the top providers of radiology services in Norway. It has a network of 12 clinics all over the country that caters to regional health authorities, private individuals, and health insurance companies in Norway. It currently employs around 220 people.