We advised funds managed by CapMan and Bright Group on the sale of Bright Group’s business to Creative Technology Northern Europe AB.
Bright Group is a supplier of live events services in Northern Europe including audio, video and lighting solutions, trucking, stages, infrastructure/installations and camera production. Bright Group was established and became a portfolio company of CapMan in 2011 when AVAB-CAC and Eastway joined forces to support the event and entertainment services business in the Nordics. Since then, more than 20 live event companies in Northern Europe have joined Bright Group and it currently has more than 300 employees.
The deal is subject to approval from a relevant competition authority.