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BaltCap sells Uprent to Renta

BaltCap Private Equity Fund II (BPEF II) is to sell SIA Uprent Group – a specialised pumping company in the Baltics and Poland – to Renta Group Oy, a Finnish construction machinery and equipment rental company with over 100 depots and 1,000 employees in Scandinavia and Europe.

BaltCap will sell Uprent Group together with its minority shareholders. Renta Group will acquire 100% of the company.

BPEF II invested in Uprent Group in 2016. During the investment period, the company successfully expanded its network of depots in the Baltics and Poland and broadened the range of service offerings, introducing new and sustainable technological solutions in the market of pumping services.

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