Litorina partners with CarpetVista
Litorina IV L.P. (Litorina IV) has become the new majority owner of CarpetVista AB (CarpetVista). CarpetVista is one of the world's largest online carpet shops, offering more than 35 000 unique carpets. The company was previously wholly owned by its founders, who will retain ownership following the transaction.
Carpetvista was founded in Malmö 2005 and has an annual turnover of approximately SEK 200 million.
Litorina IV is Litorina's latest fund and has a committed capital of SEK 2.5 billion. Since the first Litorina fund was established in 1998, Litorina's funds have invested a total of approximately SEK 3 billion in more than 40 companies. Litorina's current portfolio comprises 13 companies.
Litorina IV was advised by Mannheimer Swartling in the transaction. The firm's team consisted primarily of Mattias Karlsson and Viktor Leisnert (M&A), and Daniel Karlsson and David Nordenlöw (Financing).