Catella increases its IPM stake

Originally published on 03 February 2014

IPM Informed Portfolio Management has announced that the European finance group Catella has acquired an additional 25% share of the company.

Two years ago Catella became IPM’s first institutional shareholder. Pending approval by Finansinspektionen (the Swedish Financial Supervisory Authority), they will now buy an additional 25% of IPM.

This acquisition will be the third such deal between the two companies and will in total give Catella a 50.7% ownership of IPM. The remaining shares are held primarily by IPM staff.

“Catella is already represented on our Board of Directors, and they know our company very well. This deal therefore is yet another stamp of approval that we are providing not only clients, but also investors with solid returns and a specialized skillset that complement their other ventures,” says IPM’s CEO & co-founder Anders Lindell.

The deal was made possible as one of IPM’s non-active founders had expressed a wish to sell his shares, and it will not affect the IPM organization, its operational independence, or the firm’s day-to-day operations, in any way.