Priveq-backed CSAM plans to grow through acquisitions
September 29, 2020
In August NKP highlighted in our “Pitch of the day”-analysis that Priveq`s portfolio firm CSAM since 2014 could be slated for an IPO or exit after completing 6 add-on acquisitions. Specialized in e-health solutions for hospitals, CSAM is now headed for Merkur Market with Carnegie as advisor. Priveq, which controls 38 pct. of the shares, plans to make a full exit as the mandate for its 2011 fund expires soon. The IPO is set to value the firm`s shares at NOK 1.1bn, and the proceeds are planned to be used for acquisitions among other things. Mats Hjerpe is part of the Priveq team attached to the CSAM-investment.
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