
Capman exits Curato to Altor
Capman Buyout has agreed to sell Curato, a Norwegian provider of medical imaging services, to Altor Equity Partners.
Altor will acquire Curato via Altor Fund III and the deal is expected to be completed by the end of October 2013. Altor plans to expand Curato's network of clinics beyond Norway in the coming years.
Capman acquired Telemark Røntgen group in July 2007 and merged it with Sentrum Røntgeninstitutt in 2008, which created Curator as a new entity. DNB provided debt facilities in the Telemark Group transaction.
During Capman's holding period, the firm secured agreements with all regional health authorities in Norway, modernised the equipment park and established services in three new locations. The company also acquired SRI to enhance its service offering in 2008.
Since 1989, Capman Buyout has made 69 investments and 49 exits to date. Currently investing from its 10th fund, Capman Buyout is part of Capman Group, which has €3.3bn in assets under management.
Company
Founded in 2007, Curato provides medical imaging services within a network of 12 clinics in Norway. Its main customers include regional health authorities, health insurance companies and private individuals.
The company's turnover was close to €53m in 2012 and it currently employs 220 people.
People
Hans Tindlund, partner at Capman Buyout, led the deal for the GP. Reynir Indahl is a partner at Altor. Hans Olav Almaas is the chairman of Curato.
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