Cobalt has advised A-Katsastus and Bridgepoint on the sale of the A-Katsastus Group’s business operations in Sweden, Estonia, Latvia, and Poland to pan-European private equity advisory group IK Investment Partners.
A-Katsastus Group is a vehicle inspection company in Northern Europe with 273 stations in Finland, Sweden, Poland, Estonia, and Latvia. Its main activities are vehicle inspections, driver’s examinations, vehicle registration and vehicle-related quality and testing services, damage inspections, and crash repair and maintenance services.
Cobalt’s team included Estonian Partner Peeter Kutman, Senior Associate Kristjan Kotkas, and Associate Madis Reppo, and Latvian Partner Toms Sulmanis and Associate Marija Berdova.
Cobalt did not reply to our inquiries on the matter.