Private debt investment in the carve-out of Joyweek, the facility management business from Office Management

Armada Fund V has closed its thirteenth investment and provided financing in support of Verso Capital´s acquisition and carve-out of the Joyweek, the facility management business of Office Management (the “Company”).

The Company will focus on serving existing and new customers with a one-stop shop for a wide range of services to simplify daily life and improve efficiency in office environments. Provided services include a range of support services such as cleaning and reception services, a variety of goods such as coffee machines, coffee and fresh fruit, and a leading web shop for office supplies – all from a one-stop shop and 100% climate compensated. By separating into an independent group of companies, the Company can be expanded to further improve the offering towards existing and new customers and expand into new areas to accelerate further growth.

“We are thrilled to team up with Verso Capital and the Company’s management team and look forward sharing the growth journey ahead“, commented Erik Thornell, Partner and Deal Responsible at Armada Credit Partners.

For more information, please contact: Erik Thornell (+46 70 849 38 42) at Armada Credit Partners