3. February - 2014
The new Handicap-Befordring A/S has a turnover of just under DKK 200 millions, and has established a leading position in the Capital Region within special care transport services based on long-term contract with municipalities and traffic agencies. During 2013, the company has penetrated the Zealand Region. The growth has been significant during the last five years, and today the Company operates 235 specially configured busses under Handicap-Befordring’s well-known banner.
Handicap-Befordring’s success can be attributed to a focused strategy, competent and experienced organisation and a strong operational set-up that emphasises detailed route planning, punctuality and personal service to the citizens they serve.
The owners, Frank Nissen and Michael Flex are enthusiastic about the merger and the prospects of working closely together with CataCap in the new partnership.
“We have in recent years focused on establishing a strong position in the Capital Region. Thanks to the merger and our partnership with CataCap, we have the proper platform for the journey ahead with focus on expanding our business with existing customers as well as new municipalities and regions, where we are currently not present. Our ambition is to strengthen Handicap-Befordring’s position in the market so that we will be able to continue offering a high service level to our users, while at the same time
offering an even more efficient and punctual operation to meet the special care traffic needs of the municipalities and traffic agencies. The experience and competences that CataCap bring will strengthen our development and contribute to realising our shared ambitious plan”, says Frank Nissen, CEO.
“We are impressed with Handicap-Befordring’s focused business model and operations, their ability to win grow by winning new contracts while at the same time delivering an efficient and personal service. The Company has a significant growth potential and is well positioned to become a marketleading nationwide operator within special care transport services. We look forward to support Handicap-Befordring in releasing this potential”, says Jens Hahn-Petersen.
Handicap-Befordring is the second investment by CataCap that focuses on catalysing step-changes in Danish companies with a high growth and development potential.
Per Gullestrup, Partner at Clipper Group and Operating Partner at CataCap will take up the position as Chairman of the Board.
Advizer has advised the owners of Handicap-Befordring and Colum-bus in the transaction.
For further information please contact:
Jens Hahn-Petersen, Partner
+45 71 99 19 02
Frank Nissen, CEO
+45 22 11 12 00