CapMan Plc has enhanced its asset management capabilities by acquiring Midstar Fastigheter AB's hotel portfolio, significantly expanding its position in the Nordic hotel sector.

Information on the Target

CapMan Plc is a prominent Nordic private equity firm that specializes in active value creation in various asset classes, managing assets worth €6.4 billion as of March 31, 2025. Its extensive investment portfolio includes focus areas such as real estate, infrastructure, and private companies. The firm's commitment to sustainable business practices is underscored by its greenhouse gas reduction targets under the Science Based Targets initiative, aiming for net-zero emissions by 2040.

In March 2025, the CapMan Hotels II fund successfully acquired the hotel portfolio of Midstar Fastigheter AB, which comprises 28 hotel properties in key metropolitan areas across the Nordic region. This strategic acquisition underscores CapMan’s growth trajectory, effectively doubling the size of the hotels fund and enhancing its position as a leader in the Nordic private hotel sector.

Industry Overview in the Target’s Specific Country

The Nordic real estate market has been characterized by strong demand for well-located hospitality assets, driven by factors such as increased tourism and urbanization. Major cities like Copenhagen, Stockholm, Gothenburg, and Oslo have witnessed a significan