BaltCap has agreed to acquire a 70% stake in Hansab Group, enhancing its capacity for growth and market diversification in the Baltic automation services industry.

Target Information

BaltCap, the largest private equity manager in the Baltics, has reached an agreement to acquire a 70% stake in Hansab Group, the premier provider of automation services in the Baltic region. Established in 1991, Hansab specializes in developing and delivering various automation solutions, including security systems, cash handling services, point of sales, parcel handling, queuing, and parking management. The company serves a diverse range of B2B clients across sectors such as logistics, finance, public services, and retail and operates 18 offices and service points throughout Estonia, Latvia, Lithuania, and Finland.

With BaltCap's investment and strategic guidance, Hansab aims to broaden its presence beyond the Baltics while also diversifying its service offerings. This partnership is poised to enhance Hansab's capabilities and expand its market reach, leveraging the region's growing demand for automation services.

Industry Overview

The automation services sector in the Baltic countries has seen significant growth in recent years, driven by the increasing demand for efficiency and innovation across various industries. Businesses are increasingly recognizing the need for automati