INVL Baltic Sea Growth Fund Sells MBL Stake to MidEuropa

Reuters12-19
INVL Baltic Sea Growth Fund Sells MBL Stake to MidEuropa

The INVL Baltic Sea Growth Fund, the leading private equity fund in the Baltics, has exited its investment in the MBL Group by selling its entire stake to private equity investor MidEuropa. MBL, a prominent European contract development and manufacturing organisation for assisted mobility, rehabilitation, and aged-care equipment, will continue to be led by CEO Martin Lauritsen, with the founding Lauritsen family reinvesting significantly in the business. This marks the fund's second exit and allows for full repayment to its investors. The transaction was supported by Jefferies International as M&A advisor, with additional advice from Horten, Deloitte, and L.E.K.

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