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Announced

Procuritas Capital, LGT Capital and Puskala Invest to acquire Werksta Nordic.

Synopsis

Procuritas Capital, a Nordic private equity house, LGT Capital, an investment manager, and Puskala Invest, an investment and development company, agreed to acquire Werksta Nordic, an owner and operator of a chain of car collision repair workshops. Financial terms were not disclosed. “We have achieved fantastic success creating and growing Werksta into the clear frontrunner in the Nordic car damage repair industry, and there is still a huge opportunity for further market consolidation and growth. We are therefore excited to be reinvesting in the business, alongside our new minority partner LGT Capital Partners and long-term partner Puskala Invest, so we can continue to support the Werksta management team as they focus on further building partnerships with insurance companies and developing the customer experience offering”, Mattias Feiff, Procuritas Co-Managing Partner.

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