CapMan - Company Announcement

CapMan Buyout sells Esperi

CapMan Plc        Stock Exchange Release                27 May 2016 at 9.30 a.m.
EEST

CapMan Buyout sells Esperi

Funds managed by CapMan have agreed to sell their holdings in Esperi Care Oy.
The transaction generates €6.1 million in cash flow to CapMan Plc and its result
impact for 2016 is €1.4 million due to positive changes in fair value of own
investments that have not yet been booked during the course of the investment.
The transaction is subject to approval from the Finnish Competition and Consumer
Authority and is expected to be completed during summer.

Esperi is a leading Finnish social care company that offers residential care
services to seniors and clientele with special needs. Esperi serves both the
public sector and private individuals nationwide.

"We are very pleased with our investment in Esperi. During our ownership Esperi
has grown into a national leader in its field while emphasising quality of
service and developing new social care concepts and approaches for residential
care. During our involvement Esperi has created several new jobs and invested in
a knowledgeable staff, which is the key to sustainable growth.  Consolidation in
the private social care sector continues and now the timing is perfect for a new
owner to take over," comments Markus Sjöholm, senior partner of CapMan Buyout
and Chairman of the Board of Esperi.

Funds managed by CapMan invested in Esperi in 2010. During CapMan's ownership
Esperi's capacity has grown from less than 1,000 to 3,700 residents while
turnover and number of employees has increased fourfold to €160 million and
4,000 professionals, respectively. The strong growth is both organic and due to
acquisitions. In the past few years, the company has strengthened its position
in the residential care sector while disposing of business outside of the core
strategy.

"CapMan has been an active and inspiring owner and cooperation has been
excellent in general. Together we have laid a solid foundation, on which to
continue creating growth," comments Marja Aarnio-Isohanni, CEO of Esperi Care
Oy.

Funds managed by CapMan own 76.4% of Esperi. At closing, ownership in Esperi is
transferred to the investment company ICG, pension insurance company Etera and
Esperis' active management.



For more information, please contact:
Markus Sjöholm, Senior Partner, Head of CapMan Buyout, tel. +358 40 50 80 121
Niko Haavisto, CFO, CapMan Plc, tel. +358 50 465 4125
Marja Aarnio-Isohanni, CEO, Esperi Care Oy, tel. +358 400 694 340



CAPMAN PLC
Linda Tierala
Manager, Communications & IR



Distribution:
Nasdaq Helsinki
Principal media
www.capman.com





CapMan www.capman.com
CapMan is a leading Nordic investment and asset management company. For more
than 25 years, we have been developing companies and real estate and supporting
their sustainable growth. We are committed to understanding the needs of our
customers in an ever-changing market environment. Our objective is to provide
attractive returns and innovative solutions for our investors and value adding
services for professional investment partnerships, growth-oriented companies and
tenants. Our independent investment partnerships - Buyout, Real Estate, Russia
and Nest Capital - as well as our associated company Norvestia are responsible
for investment activities and value creation. CapMan's service business offering
includes fundraising advisory services, purchasing activities and fund
management services to both internal and external customers. CapMan has 100
professionals and assets under management of €2.7 billion.

Esperi Care Group www.esperi.fi
Esperi offers homely, versatile living services for the elderly, the disabled
and those in rehabilitation. We collaborate with over 150 Finnish
municipalities, and have over 3,700 places for inhabitants all around Finland.
We provide employment for 4,000 professionals in the field of social and health
care services, and our revenue in 2016 was over €160 million.

ICG www.icgam.com
ICG is a specialist asset manager with a 27-year history in private debt, credit
and equity. We have invested in the Nordic markets for over 25 years, and
combine flexible capital solutions, local access and insight with an
entrepreneurial approach. ICG has €21.6bn of assets under management globally).
We are listed on the London Stock Exchange (ticker symbol: ICP), and regulated
in the UK by the Financial Conduct Authority (FCA).


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