Rekom sells majority stake in the company to CataCap.
Rekom, a Copenhagen, Denmark-headquartered group operating bars and nighclubs across Scandinavia, announced getting into an agreement with Danish private equity company Catacap for selling the majority of the shares in the company.
The financial details of the transaction remain undisclosed.
Rekom, founded in 2007 and led by CEO Adam Falbert, owns and operates 77 bars and nightclubs in Denmark, Norway and Finland.
The company employs over 2500 people, has six administrative offices and accounted for DKK 500M ($82M) and an operating profit of app. DKK 100M in the current financial year.