{"id":629,"date":"2005-11-17T12:00:30","date_gmt":"2005-11-17T10:00:30","guid":{"rendered":"https:\/\/dev.mbrahastot.donbran.co\/uncategorized\/2005\/11\/mb-rahastot-myy-a-katsastuksen-bridgepointille\/"},"modified":"2019-07-08T10:58:11","modified_gmt":"2019-07-08T07:58:11","slug":"mb-rahastot-myy-a-katsastuksen-bridgepointille","status":"publish","type":"post","link":"https:\/\/www.mbrahastot.fi\/en\/press-release\/2005\/11\/mb-rahastot-myy-a-katsastuksen-bridgepointille\/","title":{"rendered":"MB Funds to sell A-Inspection Ltd to Bridgepoint"},"content":{"rendered":"<p class=\"lead\"><span style=\"font-weight: 400;\">MB Funds is to exit A-Inspection Ltd (\u201cA-Inspection\u201d) and to sell the company to Bridgepoint, the European private equity firm. Under the ownership of MB Funds Oy, the company has experienced strong growth and become more international, which attracted the interest of many companies in the field as well as private equity\u00a0 investors. The management of the company will continue as owners and in their current positions in the company.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">MB Funds together with the operative management and fund investors, acquired A-Inspection (formerly Finnish Motor Vehicle Inspection Ltd), a company offering vehicle inspection, registration and testing services as well as driving examinations, from the state of Finland in April 2003. A-Inspection has experienced strong growth in turnover. The company had sales of 81.3 million euros in 2004.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A-Inspection has succeeded in expanding its operations abroad, particularly in the Baltic Sea Region. The company is the leading private enterprise engaged in vehicle inspection, registration and drivers\u2019 examination services in Northern and Eastern Europe. In addition to Finland, the company has vehicle inspection operations in Latvia, Poland, Denmark and Russia. The number of inspection stations is nearly 200, of which over 160 are situated in Finland.\u00a0<\/span><\/p>\n<p><strong>Seeking international growth<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">The strongest growth expectations are currently focused on Denmark, where the A-Inspection subsidiary A-Inspektion will have over 20 inspection stations by the end of the year 2005. Extending operations is planned, particularly in growth centres. The Danish market for vehicle inspection operations was opened up to competition in January 2005.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This year, A-Inspection has also begun vehicle inspection operations in Russia. The first two A-Tehosmotr inspection stations have been opened up in St Petersburg, and the expansion of operations to Moscow is under preparation.<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span style=\"font-weight: 400;\"><em>&#8220;Vehicle inspection operations are, at the moment, deemed to have a lot of growth potential in the Baltic Sea Region. A-Inspection has succeeded in the development of its business operations and in establishing operations abroad tremendously well, so there were several parties interested in purchasing the company. Finally, Bridgepoint made the most attractive offer&#8221;<\/em>, says <strong>Hannu Puhakka<\/strong>, Chairman of the Board of A-Inspection and Partner from MB Funds.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company management see the change in ownership as a positive development.<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span style=\"font-weight: 400;\"><em>&#8220;The new owner will guarantee good resources for developing services in Finland and for international expansion&#8221;<\/em>, says <strong>Lasse Korppi<\/strong>, the current and future Managing Director of A-Inspection.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The parties to the transaction have agreed that the purchase price will not be published.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong>Alfred Berg<\/strong> ABN AMRO acted as financial adviser and Roschier Holmberg as legal adviser to the sellers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Further information:<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong>Hannu Puhakka<\/strong><br \/>\nPartner, MB Funds<br \/>\n+358 9 1310 1352 \/ +358 50 511 3917<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MB Funds is to exit A-Inspection Ltd (\u201cA-Inspection\u201d) and to sell the company to Bridgepoint, the European private equity firm. Under the ownership of MB Funds Oy, the company has experienced strong growth and become more international, which attracted the interest of many companies in the field as well as private equity\u00a0 investors. The management [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-629","post","type-post","status-publish","format-standard","hentry","category-press-release"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v18.6 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>MB Funds to sell A-Inspection Ltd to Bridgepoint - MB Rahastot<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mbrahastot.fi\/en\/press-release\/2005\/11\/mb-rahastot-myy-a-katsastuksen-bridgepointille\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MB Funds to sell A-Inspection Ltd to Bridgepoint\" \/>\n<meta property=\"og:description\" content=\"MB Funds is to exit A-Inspection Ltd (\u201cA-Inspection\u201d) and to sell the company to Bridgepoint, the European private equity firm. 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