Announced

Completed

Bravedo completed the acquisition of Forenom from CapMan.

Synopsis

Bravedo, a provider of B2B and public sector services, completed the acquisition of Forenom, a provider of serviced apartments, from CapMan, a private equity firm. Financial terms were not disclosed. “During the previous years, Forenom has developed into a true leader in the North European serviced apartments market. Bravedo, together with our co-investors, is excited to invest in Forenom and further support its growth in the future. Providing Bravedo’s customers with innovative workforce solutions in the Nordic countries, including accommodation related services, is core to Bravedo’s strategy, and Forenom complements our capabilities perfectly,” Heikki Raulo, Bravedo Head of Investments & Acquisitions.

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MergerLinks - Bravedo completed the acquisition of Forenom from CapMan.