CapMan Plc: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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CapMan Oyj Sells Holding in Ascade Holding AB to CSG Systems International, Inc.
CapMan Oyj announced that the funds managed by the Company have sold the holding in Ascade Holding AB (Ascade) to CSG Systems International, Inc. The exit does not impact the Company's result for 2012 as the selling funds are not in carry. Ascade provides trading and routing software solutions to telecom carriers. The company has approximately 100 employees and offices in Stockholm, Miami, Dubai and Singapore. Funds managed by the Company made their initial investment in Ascade in 2002. Prior to the transaction, funds managed by the Company owned approximately 41.4% of Ascade's shares.
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