
CapMan Special Situations acquires HopLop
CapMan, via its new Special Situations fund, has acquired all of the equity and debt capital of Finnish adventure park operator HopLop Group.
HopLop is the first investment from the GP's newly launched special situations strategy, which, the GP previously told Unquote, will be used to invest in seven or eight companies in need of corporate restructurings, and typically deploy €10-20m.
The GP said the deal enables "a critical restructuring of the balance sheet, secures the continuation of the business through the Covid-19 pandemic, and accelerates future growth". It added that HopLop had developed well prior to the outbreak of Covid-19.
HopLop CEO Kalle Peltola, who will remain in his position, said the GP would enable the company to "beat the Covid-19 crisis, further develop the company and drive new growth".
Company
Founded in 2005 and based in Helsinki, HopLop is an operator of a chain of adventure parks and playgrounds for children in Finland. It had revenues of €23.6m in 2019 and 354 staff.
People
HopLop Group – Kalle Peltola, (CEO).
CapMan Special Situations – Jari Vikiö (partner).
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