CataCap invests in small and medium sized companies

CataCap invests in companies with revenues in the range of DKK 200m – 1.000m. CataCap’s direct investments (platform investments) are centred primarily on Danish companies whereas add-on acquisitions are made globally.

Today, many SME’s only have limited access to capital for investments in growth and productivity enhancements and,

in addition, many of these SMEs seek external sparring to stimulate business development.

The SME segment is particularly interesting as many of the SMEs hold unexploited potential. In addition, owners and managers of SMEs are often prepared to co-invest in partnerships with private equity funds to boost their development and value.

Investment focus

CataCap focuses on companies with:

  • An innovative business model with long-term sustainability
  • An underlying potential for CataCap to act as a catalyst for significant growth in revenues and earnings
  • A need for additional capital and complementary management resources to realise their development potential
  • EA management team capable of and willing to drive development and sharing CataCap’s ambitious agenda for value creation

Investment criteria:

  • We are keen to invest in partnerships with existing owners
  • Company management is expected to invest in partnership with CataCap
  • We are a majority investor
  • Primarily focus on Denmark with opportunity for selective investments in adjacent markets

Portfolio Companies

DanaWeb & Optimeo

Founded in 2003, DanaWeb is the largest online marketing service provider in Denmark targeted SMEs.

Optimeo is currently the third largest player targeting the same customers as DanaWeb, but with a stronger focus on online marketing.

The business model of both companies is based on three key activities:

The business model is based on three key activities:

  • Website development, upgrade and maintenance.
  • Paid online marketing.
  • Organic online marketing.
  • Main figures 2019
    Revenue DKK 151m
    EBITDA DKK 50m
    Employees 158
    Board Jens Harsaae (Chairman)
    Rasmus Lokvig (Vice chairman)
    Jens Hahn-Petersen
    Kenneth Stampe
    Tanja Krogstrup
    Jacob Bennedsen
    Managment Kenneth Stampe (CEO)
    CataCap’s investment
    Ownership 56 %
    Investment year 2019
    Responsible partner Rasmus Lokvig
    Annual report 2018 Download
    Read more danaweb.dk optimeo.dk

    AerFin

    Founded in 2010, AerFin is an aviation aftermarket player specialising in end-of-life services by offering short term leasing, component contracts, trading and supply of both whole aircraft/engines as well as piece-part components. AerFin is UK-based with headquarters in Caerphilly, Wales and facilities in Gatwick Airport, England.

    The business model is based on three key activities:

  • Acquire aviation aftermarket assets (whole aircraft, engines and aircraft components) from airlines, lessors, OEMs and MROs.
  • Prepare assets for sale (disassembly, inspection, repair management, restoration of technical records and tear-down of aircraft (if strategy is to part out)).
  • Exit assets through various channels maximizing their value (whole-asset sales, leasing, components sale, exchange programs, pool programs, aircraft-on-ground support).
  • Main figures 2019
    Revenue USD 126m
    EBITDA USD 22m
    Employees 112
    Board Peter Ryttergaard (Chairman)
    Vilhelm Hahn-Petersen (Deputy chairman)
    Paul Nolan
    Andrew Hoad
    Mike Humphreys
    Managment Bob James (CEO)
    Steven Ades (Financial director)
    CataCap’s investment
    Ownership 57 %
    Investment year 2019
    Responsible partner Peter Ryttergaard
    Annual report 2018 Download
    Read more on www.aerfin.com

    REKOM

    REKOM is Scandinavia’s largest nightlife group, which own and run over 80 bars and nightclubs in Denmark, Norway and Finland – with more on the way.

    The company operates a wide range of concepts, which spans from after ski bars to cocktail bars and nightclubs, some of which are stand-alone, while others are popular chain concepts – including the popular Heidi’s Bier Bar with 12 venues throughout Scandinavia.

    REKOM was established in 2007 and today employs more than 2500 people across the headquarter in Copenhagen and the five administrative offices in Scandinavia.

    Main figures 2019
    Revenue DKK 897m
    EBITDA DKK 144m
    Employees 2500+
    Board Claus Juel-Jensen (Chairman)
    Vilhelm Hahn-Petersen (Deputy chairman)
    Rasmus Lokvig
    Adam Falbert, CEO
    Louise Knauer
    Morten Albæk
    Managment Adam Falbert (CEO)
    Jesper Schaltz (CFO)
    Jonathan Grumme(COO)
    CataCap’s investment
    Ownership 49%
    Investment year 2017
    Responsible partner Vilhelm Hahn-Petersen
    Annual report 2018 Download
    Read more on rekomgroup.com

    LanguageWire

    LanguageWire is one of the leading language service providers worldwide, servicing more than 2,000 customers per year across various industries including companies such as Samsung, Danske Bank, Audi and Bosch.

    LanguageWire has a global network of more than 5,200 certified language experts and 150 full-time employees in offices in Copenhagen, Stockholm, Gothenburg, Oslo, London, Hamburg, and two tech development centres in Kiev and Gdansk.

    The company’s online collaboration platform provides customers access to a global network of language experts, translators, proofreaders, text editors, DTP, engineers and voice-over talents. The platform can be customized to match each customer’s individual workflow needs.

    Main figures 2019
    Revenue DKK 420m
    EBITDA DKK 56m
    Employees 318
    Board Jens Harsaae (Chairman)
    Rasmus Lokvig (Deputy chairman)
    Jens Hahn-Petersen
    Jørgen Bardenfleth
    Carsten Knudsen
    Gert Sylvest
    Henrik Lottrup
    Managment Henrik Lottrup (CEO)
    Søren Bech Justesen (CFO)
    Stig Jørgensen (COO)
    Mikkel Lundø (CCO)
    Roeland Hofkens (CTPO)
    CataCap’s investment
    Ownership 64%
    Investment year 2017
    Responsible partner Rasmus Lokvig
    Annual report 2018 Download
    Read more on www.languagewire.com

    TP Aerospace

    Headquartered in Denmark, TP Aerospace is an aftermarket provider of wheels and brakes for airlines worldwide. At the end of 2019, the Company had 284 employees in offices, warehouses and service centres in Europe, USA and Asia.

    TP Aerospace operates in the aftermarket, acquiring used wheels and brakes which are repaired, overhauled and certified in in-house MRO facilities. Airworthy wheels and brakes are then distributed to customers through two channels; trading on the spot market and through long-term service contracts, which offer airlines a seamless and integrated service. The long-term contract offering has grown strongly in the past years and now represents 60% of TP Aerospace’s revenue.

    Main figures 2019
    Revenue USD 119m
    EBITDA USD 38m
    Employees 284
    Board Flemming Jensen (Chairman)
    Peter Ryttergaard (Deputy chairman)
    Vilhelm Hahn-Petersen
    Andrew Hoad
    Michael John Humphreys
    Jesper Abildskov Blom
    Nina Fisker Olesen
    Managment Peter Lyager (CEO)
    Thomas Ibsø (President)
    Nikolaj Lei Jacobsen (CFO)
    CataCap’s investment
    Ownership 43 % (75 % of the votes)
    Investment year 2017
    Responsible partner Peter Ryttergaard
    Annual report 2018 Download
    Read more on www.tpaerospace.com

    CASA

    CASA is one of Denmark’s leading construction managers with activities across the country. The firm develops, builds and renovates homes, commercial properties and public buildings. It is also part of several PPP projects.

    CASA differentiates itself from other leading players through a combination of strong development and construction competences enabling the company to deliver creative projects and solve complex situations for the client.

    With a yearly turnover in excess of DKK 2.5 billion and more than 190 employees, CASA is the preferred partner for a number of professional building owners including Danish and foreign real estate companies, pension funds, private equity funds and non-profit housing organisations.

    Main figures 2019
    Revenue DKK 2.550m
    EBITDA DKK 166m
    Employees 192
    Board Eivind Kolding (Chairman)
    Vilhelm Hahn-Petersen (Deputy chairman)
    Peter Ryttergaard
    Søren Ulslev
    Michael Mortensen
    Managment Torben Modvig (CEO)
    Jan Aarestrup (CFO)
    Peter Rosengreen (COO)
    Michael Storgaard (Director)
    CataCap’s investment
    Ownership 57 %
    Investment year 2016
    Responsible partner Vilhelm Hahn-Petersen
    Annual report 2018 Download
    Read more on www.casa-as.dk

    SkyBrands A/S

    SkyBrands is the leading supplier of branded textile products in the Nordic countries and in key European areas. The company owns licenses to produce and sell brands such as Universal, Warner, Disney, Versace, Ferrari and several top European football clubs to retailers. The core business area lies within home textiles while apparel constitutes a smaller part of the business.

    Since the launch of SkyBrands in 2008 the company, headquartered in Vejle, Denmark has experienced high growth. The production is outsourced and goods are shipped directly to retailers.

    Main figures 2019
    Revenue DKK 111m
    EBITDA DKK 4m
    Employees 21
    Board Hans Nielsen (Chairman)
    Jens Hahn-Petersen (Deputy chairman)
    Lasse Hadberg Lynge
    Stig Løkke Pedersen
    Management Jesper Dahl Sommer (CEO)
    John Lauridsen (CFO)
    CataCap’s investment
    Ownership 96 %
    Investment year 2015
    Responsible partner Jens Hahn-Petersen
    Annual report 2018 Download
    Read more on www.skybrands.net

    GSV

    GSV is Denmark’s leading supplier of rental equipment to construction companies and general contractors as well as public sector and industrial customers. The company has employees across a national network of depots, offering the markets widest product portfolio including lifts, platforms, scaffolding, pavilions and modules as well as heavy construction and civil engineering equipment.

    GSV offers a one-stop shop to the customer, focused on delivering the highest level of service as well as the most innovative product solutions.

    Main figures 2019
    Revenue DKK 923m
    EBITDA DKK 260m
    Employees 471
    Board Carsten Knudsen (Chairman)
    Peter Ryttergaard (Deputy chairman)
    Vilhelm Hahn-Petersen
    Dan Protin
    Jens Nyhus
    Steve Corcoran
    Management Dan Protin (CEO)
    Jesper Bramming (CFO)
    Frank Olesen (COO)
    CataCap’s investment
    Ownership 38% (91% of the votes)
    Investment year 2015
    Responsible partner Peter Ryttergaard
    Annual report 2018 Download
    Read more on www.gsv.dk and www.pitzner.dk

    Lyngsoe Systems

    Lyngsoe Systems is one of the world’s leading software developers and systems integrators of logistics solutions for libraries, postal companies, production and distribution companies as well as airports and airlines. We have designed, installed and maintained control, quality measurement and track-and trace systems for more than 40 years and are leading within the RFID technology (Radio Frequency Identification).

    With more than 3,200 systems worldwide in more than 60 countries, the Lyngsoe team can demonstrate extensive experience in customer process knowledge, solution design, software development, installation, service and maintenance as well as complete project management and consultancy services in regional and global implementations.

    Main figures 2019
    Revenue DKK 270m
    EBITDA norm. DKK 30m
    Employees 170
    Board Jørgen Bardenfleth (Chairman)
    Rasmus Lokvig (Deputy chairman)
    Vilhelm Hahn-Petersen
    Jesper Jarlbæk
    Carsten Knudsen
    Finn Mathiassen
    Management Villads Thomsen (CEO)
    Lars Capsersen (CFO)
    Peter Jeggesen (COO)
    CataCap’s investment
    Ownership 80 %
    Investment year 2014
    Responsible partner Rasmus Lokvig
    Annual report 2018 Download
    Read more on www.lyngsoesystems.com

    HB-Care

    HB-Care is the leading operator in Denmark within special care transport of disabled, elderly and pupils. The company operates a modern fleet of 235 busses that has been customised to fit the users’ needs. Founded in 1981, Handicap-Befordring was renamed to HB-Care in 2018. The company provides its services based on long-term contracts with the municipalities and traffic agencies.

    With more than 30 years of industry experience, HB-Care focuses on ensuring the daily users a secure and personal service, while at the same time providing an efficient and punctual solution to the municipalities and traffic agencies need for a provider of special care transport.

    Main figures 2019
    Revenue DKK 332m
    EBITDA DKK 40m
    Employees 482
    Board Sonny Nielsen (Chairman)
    Jens Hahn-Petersen (Deputy chairman)
    Andreas Christensen
    Christian Kolding Andreasen
    Management Jan Wilken (CEO)
    Jacob Krogsgaard (CCO)
    Tine Knarreborg (CFO)
    Flemming Bloch (COO)
    CataCap’s investment
    Ownership 89%
    Investment year 2014
    Responsible partner Jens Hahn-Petersen
    Annual report 2018 Download
    Read more on www.hb-care.dk