MidCap Members Wagram Corporate Finance and ATRIUM Partners acted jointly as exclusive advisor to Aldes Group

Exhausto manufactures and sells air handling units for ventilation in buildings, primarily offices, schools and multi-family homes. Exhausto’s key markets are the Nordic region and Germany, where the company has a solid position in the attractive market for energy efficient indoor climate solutions targeting both the renovation and new building segments. In 2011 the group had revenues of DKK 500m. Through the our collaboration in the MidCap Alliance, ATRIUM and Wagram worked closely together as joint financial advisor to French-based Aldes Group in the acquisition of Danish Exhausto from VKR Holding and private equity fund Axcel.

Wagram Corporate Finance

Advised in the sale of

Exhausto

to

Aldes

Industrials

MidCap Alliance