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New Deal


Announced

Completed

Lars Larsen Group completed the acquisition of SOFACOMPANY from Procuritas.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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sofa retail

Private

Acquisition

Private Equity

Household Furnishings

Majority

Single Bidder

Denmark

Completed

Friendly

Disposal

Domestic

Synopsis

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Lars Larsen Group, an investment company, completed the acquisition of SOFACOMPANY, a Danish furniture brand, from Procuritas, a private equity firm. Financial terms were not disclosed. “We are delighted to have sold SOFACOMPANY to the Lars Larsen Group, which is a great fit for the business to complete its next stage of growth. During the course of our ownership we have overseen transformational growth through building up the company’s e-commerce capabilities and shifting its focus from wholesale channels to a direct-to-consumer brand as well as significant geographical expansion," Mattias Feiff, Procuritas Co-Managing Partner.

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