Capidea invests in in Creativ Company

Incumbent owners Lotte Littau Kjærgaard and Peter Nørgaard will retain a combined minority stake in the business following the buyout, and Nørgaard will remain as a board member while withdrawing from day-to-day operations.

As part of the transaction, CFO Michael Bjerre Drost will invest in Creativ Company alongside Capidea. CEO Anders Lindhardsen will remain in position as CEO.

The GP tapped its 2012-vintage Capidea Kapital II fund, a vehicle that held a first close on DKK 725m for funding buyouts of Danish SMEs.

Company
Headquartered in Holstebro, Creativ Company is an arts and crafts materials distributor.

The business develops, buys and sells materials to schools and other institutions, wholesale customers and private consumers across 40 countries. Creativ Company's main markets are Scandinavia, Germany and the UK.

Established in 2005, it employs a staff of 180. According to publicly available information, it recorded revenues of DKK 184.85m in the latest financial year and gross profits of DKK 60.7m.

People
Capidea – Martin Jørgensen (partner).
Creative Company – Anders Lindharsen (CEO); Michael Bjerre Drost (CFO).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Buyouts
• Consumer
• Nordics
• Denmark
• Capidea Management