CataCap partners with subscription-based digital growth comet
The private equity fund CataCap is partnering with the online membership club Luxplus, which sells beauty, health and care products at discount prices in the Nordic countries and several other European countries. CataCap is the majority shareholder in the company, whose revenue has increased by around 30 per cent per year during the last five years and today has 130,000 members and expected revenue of DKK 275 million in 2020. The company's two founders will continue in the company and, together with CataCap, consolidate their strong market position in the Nordic region and further accelerate growth abroad.