
Perusa Partners acquires Dynasafe
Private equity firm Perusa Partners has acquired explosion containment equipment supplier Dynasafe International AB.
The investor was attracted to the company as it will strengthen the market position of existing portfolio companies such as GRV Luthe, a specialist in the disposal of unexploded ordnance. Furthermore, Perusa was convinced by the company's market expertise, technology, staff and management team.
The acquisition represents the first investment in Sweden for Perusa Partners Fund 1.
Debt
A debt structure was provided by Nordea Sweden.
Company
Dynasafe was created in 1991 as a spin-out from Bofors group, founded in 1646. The firm is a supplier of explosion containment equipment as well as equipment for the safe destruction of munitions. Headquartered in Karlskoga, the company also operates a subsidiary in Mülheim an der Ruhr, Germany. Dynasafe is expecting a turnover of €27m in 2011.
People
Dr Hanno Schmidt-Gothan represented Perusa on the deal.
Advisers
Equity – Ernst & Young (Financial due diligence); Kanzlei Delphi (Legal).
Vendor – KPMG (Corporate Finance); Kanzlei Mannheimer Swartling (Legal).
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