Accent takes majority stake in Akademibokhandeln

The GP's acquisition was made through its Accent Equity 2012 fund. Stiftelsen Bokförlaget Natur & Kultur, and Killbergs Bokhandel were the largest shareholders in the company after KF, and will retain their stakes following Accent's acquisition.

An offer has been made to buy out the remaining 60 or so shareholders in Akademibokhandeln, of which 90% are reported to have accepted. It is understood the company's management has received an offer to invest alongside Accent as part of the deal.

KF's sale comes as part of a restructuring and streamlining of the group that began two years ago, and is the second private equity deal as a result of these efforts, following Litorina's acquisition of Leo's Lekland in October last year.

Company
Akademibokhandeln is a book retailer founded in Stockholm in 1992 through the merger of Academus and Esselte Bokhandel.

The company operates 125 bookshops across Sweden as well as online bookshop Bokus, and had total revenues of around SEK 1.7bn in 2014.

People
Niklas Sloutski is the managing partner of Accent Equity Partners. Tommy Ohlström is the CEO of Kooperativa Förbundet. Maria Hamrefors is the CEO of Akademibokhandeln.

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• Topics
• Nordics
• Buyouts
• Consumer
• Sweden
• Accent Equity Partners