2011-04-28
Avantus advisor to Hoist in the disposal of the company to Accent Equity
Avantus Corporate Finance is proud to have acted as advisor to Hoist AB in connection with bringing in Accent Equity as part owners.
The founders of Hoist AB, Malcolm Lindblom and Christopher Upmark, sell 50 % of the company to Accent Equity. Hoist was founded in 1994 and is established in Sweden, Norway, Denmark, Finland, the Baltic States, the UK, Poland and Russia. The company has 300 employees and had a turnover of more than SEK 600m last year. Through the ownership change, conditions are created for Hoist to accelerate its expansion.
Accent is a group of private equity funds focusing on investments in lower mid-market buyout and later-stage expansion capital transactions in the Nordic region. Accent invests in companies where it can serve as a catalyst for change and thereby transforming these companies into Nordic, European or global market leaders by providing for genuine, sustainable improvements within operations and strategic positioning.
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