Litorina invests in Fractal Design
Litorina IV invests in Fractal Design, a leading Swedish supplier of cases, cooling products and power supply units for gaming PCs. By offering high quality products with good functionality and a unique design, the company has established a strong international market position and has built a respected brand. Fractal Design generates a turnover of c. SEK 275 million and sells over 400.000 cases for gaming computers annually on more than 40 markets. Founder and CEO Hannes Wallin will remain a significant shareholder in Fractal Design along with additional key persons.
Fractal Design has grown rapidly since its inception in 2010 and today generates an annual turnover of c. SEK 275 million with sales on more than 40 markets of which the US is the largest one. The company caters to PC gamers and targets the fast-growing segment for enthusiast gaming. Product development and functionality, such as silence, cooling and modularity, are key focus areas for Fractal Design. By delivering a consistently high product quality and market leading technology, Fractal Design has received wide acclaim from users as well as from professional reviewers. The company has built a strong community of gamers world-wide and a well-known and respected brand in its core markets.
“We are proud of having built a strong, profitable and fast-growing company with an established and well-regarded brand. There are plenty of interesting opportunities in the growing market for PC gaming and we are in a good position to continue our international expansion”, says Hannes Wallin, CEO and shareholder of Fractal Design. “We are excited to partner with Litorina and to be able to benefit from their extensive knowledge and experience in developing companies. We are also looking forward to leveraging Litorina’s wide network of industrial advisors who can support us in our continued rapid growth and help us take Fractal Design to the next level”.
“By offering quality products at a competitive price, Fractal Design has built a leading position in the Nordic market and a strong position in the US as well as in several other European markets within a short period of time”, says Paul Steene, Partner at Litorina Capital Advisors, advisor to Litorina IV. “The gaming market is growing rapidly, in particular within enthusiast PC gaming, and Fractal Design is well positioned to continue its profitable growth in current markets and to expand into new markets. We are pleased that Hannes and the other shareholders have chosen Litorina as their partner, and look forward to helping the company strengthen their international market position together with management”.
For further information, please contact:
Paul Steene, +46 8 545 181 88, Partner, Litorina Capital Advisors
Hannes Wallin, +46 733 34 13 59, CEO, Fractal Design
Fractal Design, founded in 2010, is a leading Swedish supplier of components for gaming PCs, such as cases, cooling products and power supply units. Fractal Design has customers on over 40 markets and the company is headquartered in Gothenburg with local offices in the US and in Taiwan. For more information, please visit www.fractal-design.com.
Litorina, founded in 1998, focuses on acquiring and industrially developing companies together with their management teams. Litorina offers broad and deep expertise both via its own organisation and through its network of industrial advisors. Litorina Capital Advisors AB serves as an investment advisor for Litorina’s funds. Litorina is backed by a number of reputable institutions that have jointly invested approximately SEK 4.8 billion in Litorina’s four funds. For more information, please visit www.litorina.se.