
Ratos in DKK 380m buyout of Oase Outdoors
Swedish listed GP Ratos has acquired an 80% stake in Danish outdoor equipment maker Oase Outdoor in a DKK 380m buyout.
The GP will inject DKK 150m in equity as part of the transaction.
The buyout provides a partial exit for Oase's founding Arens family, which will remain as a minority investor. Family member and CEO Henrik Arens will retain a combined 20% stake post-buyout, alongside management and key employees.
Ratos's announcement comes in the same month the private equity firm fired CEO Susanna Campbell, and 15-year veteran and deputy CEO Henrik Blomé tendered his resignation.
Company
Founded in 1984 and headquartered in Give, Oase designs, develops and sells equipment for camping and outdoor activities.
The company employs 70 people and posted EBITA of DKK 36m from DKK 266m of revenue in the 12 months to October 2015.
People
Ratos – Robin Molvin (investment director).
Oase Outdoors – Henrik Arens (CEO).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater