July 21, 2017 - Assignment

Accent Equity 2012 and minority sellers divest Akademibokhandeln

Investment fund Accent Equity 2012 has divested its majority stake in Akademibokhandeln Holding AB (publ) to Volati. Other sellers included J.P. Killberg & Son Bokhandelsaktiebolag and Stiftelsen Bokförlaget Natur & Kultur. Management reinvested alongside Volati.

Akademibokhandeln is the leading book retailer in Sweden with a 35% market share. The business includes, inter alia, 80 in-house and 28 franchised bricks and mortar stores spread across Sweden with an assortment of books, board games and office goods under the trademarks Akademibokhandeln and Bokus.

The transaction valued the business at an enterprise value of approximately SEK 760 million.

Accent Equity 2012 was advised by Mannheimer Swartling in the transaction.