FSN Capital invests in MHP
Scandinavian private equity company FSN Capital is to take over a majority holding in the MHP Solution Group, a provider of logistics software in the DACH region, from Elvaston Capital.
The agreement provides for FSN Capital to acquire 77% of the shares in the company, with Elvaston Capital and management retaining the remaining shares. The transaction still requires approval from the competent authorities.
“FSN Capital’s commitment has been envisaged as a long-term strategic partnership which will give the MHP Solution Group even more stability and security and will support us in our drive towards further development in the years ahead,” explains Jasmino Burkic, CEO of the MHP Solution Group.
Through acquisitions and organic growth, the MHP Solution Group has raised its revenues in recent years by 38%. (mw)