A Quarter Century of Private Equity
Procuritas is currently advisor to two private equity funds: Procuritas Capital Investors III and Procuritas Capital Investors IV.
Procuritas has led or co-led 32 Nordic buyouts with a combined consideration over SEK 12 billion.
Since inception Procuritas has operated with a fairly low financial leverage, on average around 40% equity, with the bulk of the value creation coming from operational improvements and successful bolt-on acquisitions.
The buyouts have been made on a standalone basis or by one of the four Private Equity funds that Procuritas has advised.
1986 |
Procuritas is established as the first Nordic firm focusing on MBOs. |
1988 |
Procuritas performs the first public-to-private MBO in Sweden of Gunnebo AB. Procuritas acts as advisor to the first public-to-private MBO in Denmark of Plastmontage A/S. Read more |
1989 |
Procuritas participates in the MBO of Swedish Match AB. Read more Procuritas' Advisory Board is established. |
1990 |
Establishment of the first fund Procuritas MBO Invest Consortium. Procuritas MBO Invest Consortium (PMIC) was established in June 1990 with a capital base of SEK 254 million. PMIC was backed by 11 Scandinavian and international investors and a commitment by the General Partner equal to 12.5% of the fund. Read more |
1998 |
Establishment of the second fund Procuritas Capital Partners II. Procuritas Capital Partners II (PCP II) was established in March 1998 with a capital base of SEK 963 million. PCP II was backed by 19 Scandinavian and international investors and a commitment by the General Partner equal to 7% of the fund. Read more |
2003 |
Establishment of the third fund Capital Investors III. Procuritas Capital Investors III (PCI III) was established in April 2003 with a capital base of EUR 227 million. PCI III is backed by 17 Scandinavian and international investors and a commitment by the General Partner equal to 5% of the fund. Read more |
2009 |
Establishment of the fourth fund Procuritas Capital Investors IV. Procuritas Capital Investors IV (PCI IV) was established in August 2009 with a capital base of EUR 139 million. PCI IV is backed by 18 Scandinavian and international investors and a commitment by the General Partner equal to 5% of the fund. Read more Procuritas brings the operational advice function in-house. Procuritas headquarters is relocated from Skeppsbron to Linnégatan in Stockholm. |
2010 |
Procuritas has a very active year and completes four transactions in four different industries. Read more |
2011 |
Procuritas celebrates its 25th Anniversary. |