BaltCap exits Tallinna Pesumaja

The value of the company, which was exited to local private investors, has not been disclosed.

Previous funding
BaltCap invested an undisclosed amount of expansion capital in Tallinna Pesumaja in 2006. The investment was used to relocate production to Kohila and to develop its textile rental business.

Company
Tallinna Pesumaja, founded in 2000 and based in Tallinn, Estonia, provides industrial laundry and textile rental services to hotels, hospitals, and restaurants.

People
Managing partner Peeter Saks worked on the deal for BaltCap.

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