Storskogen strengthens its HR and Competence vertical
Storskogen has acquired a majority shareholding in The Physics Café Pte. Ltd. (“The Physics Café”), a leader in the private tuition industry in Singapore. The acquisition strengthens the HR and Competence vertical and fortifies Storskogen’s foothold in Asia. The transaction is not expected to increase Storskogen’s leverage ratio[1].The Physics Café is active in the growing private tuition industry in Singapore with a speciality in physics education. With healthy profit margins and strong cash flow, the company presents a good opportunity for Storskogen’s Services business area and its