CapMan has completed the divestment of its majority stake (92.7%) in CaPS to Proxer Bidco Oy. This transaction represents a strategic carve-out, allowing the seller to refocus its resources and capital on its core private asset fund management business. Originally an internal service unit, the target had evolved into a largely standalone business with limited operational links to the rest of the group, making the divestment a natural progression for its next growth phase. The sale significantly enhances the seller’s financial position, providing strong liquidity and a positive impact on 2024 earnings. Following the closing, the target will operate under a new ownership structure designed to facilitate further expansion across the Nordics and beyond, while continuing to serve its extensive network of members and vendors.

CaPS is a unique, fast-growing procurement service platform originally established as an internal service for portfolio companies but transitioned into a standalone market leader. Its business model centers on aggregating the purchasing power of a vast network to deliver cost savings and value-added services. The platform connects over 280 member companies with more than 290 vendors across Finland, Sweden, and the Baltics. By leveraging centralized procurement expertise and a robust network effect, CaPS manages indirect spend categories, enabling members to achieve significant scale advantages typically reserved for much larger corporations. The platform’s value proposition is built on transparency, efficiency, and a proven ability to institutionalize procurement processes across a highly diverse international member base.