Adelis Equity Partners has acquired majority in RopoHold Oyj and RopoHold has redeemed its up to EUR 75,000,000 senior secured floating rate bonds

ROPOHOLD OYJ, STOCK EXCHANGE RELEASE 12 April 2019 at 12:00 EET

As announced on 25 February 2019 through stock exchange release, the acquisition of a majority ownership in RopoHold Oyj (“Ropo Capital” or the “Company”) by Adelis Equity Partners Fund II, a private equity fund advised by Adelis Equity Partners AB has been completed. The approval by competition authority has been received and hence the conditions for completion of the transaction have been fulfilled. As a result of the completion of the transaction today, new owners will, in addition to Adelis, be Elo Mutual Pension Insurance Company, among others. The renewed ownership base will strengthen opportunities for the group’s growth both in Finland and internationally.

As announced on 19 March 2019, the Company redeems early its up to EUR 75,000,000 senior secured floating rate bonds with ISIN FI4000292461 (the “Bonds”) as a result of the transaction becoming effective. The Company has today redeemed all the outstanding Bonds in full. The notice of the voluntary redemption of the Bonds given to bondholders was subject to and conditioned upon the completion of the acquisition.

The Company will apply for delisting of the Bonds from the official list of Nasdaq Helsinki Ltd.

For more information, please contact

ROPOHOLD OYJ
Toni Rönkkö, CFO
phone: +358 44 5698 168
email: toni.ronkko@ropocapital.fi

DISTRIBUTION:
Nasdaq Helsinki Ltd
Main media
www.ropocapital.fi/en

About Ropo Capital

Ropo Capital is an invoice lifecycle services provider driven by strong technological platform. Currently it is the only company in the Nordics with the ability to cover the full value chain of invoicing lifecycle management services, from invoicing and sales ledger management to receivables financing and debt collection, by leveraging completely in-house developed technology. The Company’s ability to automate the invoicing lifecycle process enables a superior customer value proposition through more efficient receivables management and reduced process complexity. Ropo Capital was established in 2008 and today approximately 8,000 companies in Finland use its services. The Company employs approximately 180 professionals in Kuopio, Porvoo and the capital region.