We advised MB Funds on its acquisition of A-Katsastus Group, the leading Finnish provider of vehicle inspection, driver examination, registration and road traffic licensing services, as well as damage inspection and collision repair services, from Bridgepoint.
MB Funds has entered into agreements to acquire A-Katsastus Group’s damage inspection and collision repair services as well as statutory vehicle inspection, registration and drivers’ examination services. Completion of the transaction is subject to approval by the Finnish Competition and Consumer Authority.
In 2018, A-Katsastus Group’s total revenue was EUR 123.5 million and the group had a total of 1,300 employees.
MB Funds, founded in 1988, is a leading Finnish private equity firm with extensive track record and experience. MB Funds manages over EUR 0.5 billion in investments and has successfully invested into approximately 40 high-quality medium sized companies in the Nordics.