Exit of CASA

Funds of Funds Experts
Lower Mid-Market Experts

We are pleased to announce the sale of CASA, a Qualitas Funds I and II portfolio company. This transaction has generated a return of c.12x invested capital or > 60% gross IRR.

CASA is one of Denmark’s leading real estate development, construction and renovation companies, focusing on residential and commercial projects as well as office and warehouse facilities. It employs approximately 200 people, making it one of the preferred partners in the Danish market with a client base that includes both institutional and private clients.

CASA was acquired by one of our extraordinary Danish managers in May 2016 and sold in July 2021 to a German Real Estate fund.

key actions and achievements during the holding period of CASA:

– Improving margins through standardisation of internal processes, governance, risk management, project tracking, subcontract management, etc.

– Implementing new marketing initiatives to attract more customers and retain existing ones to improve its market positioning.

– Supporting the company’s organic growth, investing in the organisation, and increasing the number of resources available to the company.

This transaction has generated a return of c.12x invested capital or > 60% gross IRR for Qualitas Funds I investors.