2015-07-14 08:45:00 CEST

2015-07-14 08:45:38 CEST


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Finnish English
CapMan - Company Announcement

CapMan sells their holding in Silex


CapMan Stock Exchange Release 14.7.2015 at 9.45 a.m. EEST

CapMan sells their holding in Silex

Funds managed by CapMan have sold their holding in Silex Microsystems AB, an
independent MEMS (Micro Electro Mechanical Systems) foundry to a Hong Kong based
investment holding company. The transaction has a positive impact on CapMan
Group's result for 2015 through a total of approx. EUR 1.5 million in carried
interest income (net) and fair value changes. The cash flow contribution of the
transaction is approx. EUR 2 million.

Silex was founded in 2000 and is the world's leading pure-play MEMS foundry. The
company manufactures MEMS components for sensors, actuators and three-
dimensional precision structures used in various applications and industries
ranging from medical and biotech to telecommunications and consumer electronics.
Silex is headquartered in Sweden with subsidiaries in Boston and San Francisco."Silex has evolved into a solid market leader in the field of MEMS during
CapMan's ownership. In the last few years production capacity has increased
fivefold while the cost-efficiency of products has improved due to an extensive
optimisation programme. Together we have built a solid foundation for the
company to enter the next growth phase," says Lennart Jacobsson, Senior Advisor
at CapMan and responsible for the investment."MEMS development is complex and requires expertise and knowledge and we are
pleased to have worked with a partner who understands our processes and
commitment to our customers. We look forward to continuing our journey in
cooperation with a new owner," says Edvard Kälvesten, CEO at Silex
Microsystems.

Before the transaction, funds managed by CapMan owned approx. 31% of Silex's
shares. The transaction was closed 13 July 2015.

For more information, please contact:
Lennart Jacobsson, Senior Advisor at CapMan, tel. +46 705 55 10 50
Edvard Kälvesten, CEO, Silex Microsystems tel. +46 707 32 31 01


CapMan www.capman.com
CapMan is one of the European leaders in the private equity industry. 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 Credit - 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
private equity professionals and assets under management of €3.0 billion.

Silex Microsystems AB www.silexmicrosystems.com
Silex Microsystems is the world's largest pure-play MEMS foundry, enabling the
sensor system revolution. Silex partners with more than 60 international
customers to bring to market innovative MEMS technologies that change the world.
The company is headquartered in Järfälla, north of Stockholm, with subsidiaries
in Boston and San Francisco and employs 140 people in total.






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