Pressmeddelande -
New Keystone Advisers transaction: Hööks acquired by Alipes
The Nordic retailing company Hööks is getting new owners. The investment fund Accent Equity 2008 has agreed to divest all of the fund’s share capital to Alipes Invest AB. Hööks CEO, Joachim Höök, will remain in his present position and will also, together with company management, remain as a substantial minority owner alongside the new owner. The transaction is conditional upon approval from relevant competition authorities. Hööks is the leading retailer in equestrian sports in the Nordic countries. Net sales in 2013 amounted to SEK 365 million (EUR 41m) and the company is growing very fast. The company is currently opening stores numbers 44 and 45 and Hööks is thereafter represented at 33 locations in Sweden, 6 in Norway, 4 in Finland and 2 in Denmark.
Hööks’ story dates as far back as 1931, when Joachim Höök’s grandfather established a small saddler in the city of Eksjö in Småland, Sweden. The first mail order catalogue was distributed in 1976 and Hööks website was launched in 1999 in Sweden, Norway, Finland and Denmark. In addition to ordering articles and catalogues, Hööks’ customers can also obtain information and advice on horses and horse equipment. The website is today one of the most visited sites within the equestrian trade in the Nordics. Joachim Höök is a third-generation leader of the family inspired company.
Keystone Advisers acted as advisor to Alipes in the transaction.
Ämnen
- Ekonomi, finans
Kategorier
- hööks
- hästsport
Keystone Advisers is a fully independent Corporate Finance firm offering advice related to mergers and acquisitions (M&A), divestitures, as well as various financing arrangements. The firm has advised on approximately 140 transactions to a variety of different clients in a number of sectors since the inception in 2000. Keystone Advisers is a Partner owned firm and where the founders have experience from Investment Banking and Management Consulting from some of the largest global institutions. We are a team of 12 Corporate Finance professionals at the Stockholm office and in addition we have an own organization in the Baltic countries. Keystone Advisers aims to be the leading mid-market M&A advisory firm in the Swedish market.
