Securia acquires SBM Fordonsmärkning

Litorinas portfolio company Securia has acquired SBM Fordonsmärkning (SBM) from the founders of the company. SBM, which is a leading company in Sweden within security- and insurance solutions for car owners, has a product portfolio which complements Securias product offering well and creates opportunities for cross selling and other synergies.

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Securia, which is the leading company in Sweden for credit card blocking services and other forms of products for personal and financial security, broadens its product portfolio through the acquisition of SBM. SBM, headquartered in Malmö, is today the leading company in Sweden for secure marking and theft protection of cars and related insurance products. The company offers e.g. insurance against theft of car keys, breakage of windshields and car breakdowns, and related assistance services. SBM has experienced healthy growth and profitability and turned over 30 MSEK in 2007.

Cross selling opportunities between the two companies customer bases are excellent and the possibility for revenue synergies is one of the drivers behind the acquisition. Opportunities to introduce SBM:s products in the other markets where Securia currently is active, i.e. Finland, Norway, Eastern Europe and Latin America, will also be assessed.

For further information, please contact:

Jörgen Ekberg – Senior Partner, Litorina Kapital
Tel: +46 708 11 31 60
E-mail: jorgen.ekberg@litorina.se

Litorina Kapital, founded in 1998, is a private equity firm that focuses on acquiring and industrially developing small to medium-sized primarily Swedish companies. Litorina Kapital offers broad and deep expertise via its own organization as well as through its network of industrial advisors. Litorina Capital Advisors AB acts as an investment advisor to Litorina’s third fund, Litorina Kapital III LP, which is currently in an active investment phase. Litorina Kapital is backed by a number of venerable and reputable Swedish and international institutions who have together invested approximately SEK 2,400 million in Litorina Kapital’s three funds. For more information please see www.litorina.se.