Sweden, Provider of Education and Care Services Baggium Group Acquired by FSN Capital III
Summary
Baggium Group, a Kållered-Sweden provider of education and care services, has entered into an agreement to be acquired by FSN Capital III.Established in 1999, the Baggium Group operates privately managed public schools in Sweden.The company is the pioneer and market leader within the “blue collar trainee” upper secondary schools segment (e.g. education relating to professions such as plumbers, nursing assistants and chefs).Also, the Baggium Group has a number of childcare centers focused on immigrant children with social and psychological problems.Commenting on the transition, Peter Möller, partner at FSN Capital, said: “We see attractive opportunities for continued expansion, both in Sweden and internationally, through organic growth and potentially also through acquisitions”.