12 May 2021
CataCap sells its majority stake in SkyBrands
The private equity fund CataCap has sold its majority shareholding in SkyBrands to a consortium consisting of the experienced retail executive Søren Bach and members of the company’s board and management.
CataCap invested in SkyBrands almost six years ago and has since been the majority shareholder. SkyBrands is a supplier of home textiles and apparel with well-known brands in the fields of entertainment, sports, films and music.
Today, CataCap, which generally operates with an investment horizon of approx. 4-7 years, has sold its share of SkyBrands.
“It is an appropriate time for us to step out of SkyBrands and let others take over the company. We are selling a healthy company that has grown and developed well over the last couple of years to a strong owner who will support the company’s continued growth and development going forward. We are delighted with this, and we look forward to following SkyBrands’ onward journey from the sideline”, says Jens Hahn-Petersen, partner at CataCap.
The consortium, which acquires CataCap’s shareholding consists of a number of board members and members of the management of SkyBrands. Søren Bach, who has more than 30 years of experience from the retail industry, leads the consortium.
“The new ownership structure provides SkyBrands with a solid basis for continuing the growth journey. There is a strong set of experience and competencies in the consortium that I am sure will be translated into new successes,” says Jens Hahn-Petersen, partner at CataCap.
CataCap has been assisted by Gorrissen Federspiel and PwC. The consortium has been assisted by DLA Piper.
For more information contact:
CataCap
Jens Hahn-Petersen, Partner
+45 20 40 72 03
jhp@catacap.dk
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About CataCap
CataCap invests in SMEs that hold a significant development potential and have an innovative business model with long-term sustainability.
CataCap’s business concept is to act as a catalyst for sustainable step changes through a systematic and consistent approach to strengthening business development, operational processes and leadership development in active interaction with management and employees of the portfolio companies.
CataCap operates through an extended organisation in which CataCap’s own employees are supplemented by Operating Partners, Development Partners and Executive Advisors. The teams for each investment are recruited from this group.
CataCap is a proactive and dedicated owner. The systematic hands-on approach to developing CataCap’s businesses is intended to increase both the speed and sustainability of business step changes, thereby creating long-term value for all stakeholders as well as stable excess returns for investors.
www.catacap.dk/about
