CataCap completed the acquisition of a 60% stake in The Army Painter.

CataCap, a private equity firm, completed the acquisition of a 60% stake in The Army Painter, a provider of paint and accessories for the wargaming hobby industry. Financial terms were not disclosed. “The Army Painter has been on an incredible growth trajectory since being founded in 2007. We are impressed by the company’s strong understanding of its end-customers’ needs and its ability to continually develop products that cater to these needs. The wargaming hobby industry is a particularly attractive niche where we see strong underlying growth driven by passionate and dedicated gamers. The Army Painter is uniquely positioned to realize the growth potential and we are looking forward to contributing in strengthening the company’s position on the market,” Jens Hahn-Petersen, CataCap Partner.