Cordet

Cordet Capital Partners LLP is a London-based lender established in 2013, specializing in non-bank financing services. The company focuses on providing private debt and direct lending solutions primarily for small to mid-market companies in the United Kingdom and the Nordics. Cordet offers a diverse range of financing products, including senior secured debt, bridge loans, revolving credit facilities, and acquisition financing. Additionally, it arranges and provides comprehensive financing packages for non-investment grade issuers through loans, bonds, and various other debt instruments. With additional offices in Reading, Stockholm, and Luxembourg, Cordet aims to meet the funding needs of businesses while also catering to institutional investors seeking credit investment opportunities.

Magnus Lindquist

Co-Managing Partner and ICC Member

17 past transactions

Instabox

Secondary Market in 2020
Instabox AB is a Stockholm-based company that specializes in freight forwarding and logistics services for e-commerce retailers. It provides an online shipping platform that facilitates cost-effective and convenient delivery solutions. By utilizing a network of smart delivery lockers, Instabox offers same-day delivery services in Sweden, Norway, and Denmark, reaching approximately six million customers. The company partners with various retailers, including prominent brands, to ensure that packages are efficiently delivered to designated lockers, where customers can conveniently collect them. Instabox has experienced significant growth, reportedly tripling its business annually over recent years, driven by the increasing demand for quick and reliable delivery options in the online shopping sector.

Instabox

Venture Round in 2020
Instabox AB is a Stockholm-based company that specializes in freight forwarding and logistics services for e-commerce retailers. It provides an online shipping platform that facilitates cost-effective and convenient delivery solutions. By utilizing a network of smart delivery lockers, Instabox offers same-day delivery services in Sweden, Norway, and Denmark, reaching approximately six million customers. The company partners with various retailers, including prominent brands, to ensure that packages are efficiently delivered to designated lockers, where customers can conveniently collect them. Instabox has experienced significant growth, reportedly tripling its business annually over recent years, driven by the increasing demand for quick and reliable delivery options in the online shopping sector.

Instabox

Debt Financing in 2020
Instabox AB is a Stockholm-based company that specializes in freight forwarding and logistics services for e-commerce retailers. It provides an online shipping platform that facilitates cost-effective and convenient delivery solutions. By utilizing a network of smart delivery lockers, Instabox offers same-day delivery services in Sweden, Norway, and Denmark, reaching approximately six million customers. The company partners with various retailers, including prominent brands, to ensure that packages are efficiently delivered to designated lockers, where customers can conveniently collect them. Instabox has experienced significant growth, reportedly tripling its business annually over recent years, driven by the increasing demand for quick and reliable delivery options in the online shopping sector.

Happy Socks

Debt Financing in 2019
Happy Socks AB, founded in 2008 and based in Stockholm, Sweden, specializes in the design, manufacturing, and sale of colorful socks and underwear for men, women, and children. The company has established itself as a market leader in the segment it helped create, offering a diverse range of products, including dress, sneaker, and low socks, as well as undergarments. Happy Socks distributes its products through various sales channels, including its own online store, retailers, concept stores, and pop-up locations, as well as through partnerships with licensing affiliates. The production of its items is outsourced, primarily to facilities in Turkey and China, with distribution managed from a central warehouse in Holland. Happy Socks emphasizes a lifestyle brand approach, successfully crafting a well-recognized name on a global scale.

CSAM Health AS

Debt Financing in 2018
CSAM is a provider of specialised healthcare software used by most hospitals in the Nordics. Their software solutions are added to the hospitals existing main software solutions. Their products cover medical areas such as: i.) software for emergency services, ii.) medical imaging, iii.) blood management, iv.) maternity, v.) oncology and vi.) connected healthcare. The specialised software components are vital parts of important day-to-day medical procedures in hospitals that rarely change. These long-life products imply recurring software revenue for decades.

FLABEG Deutschland

Debt Financing in 2018
FLABEG Deutschland GmbH, based in Nuremberg, Germany, specializes in glass processing and offers a diverse range of solutions for glass and mirror applications globally. Established in 2009, the company focuses on manufacturing mirrors specifically for the automotive sector, including exterior and interior mirrors, as well as components like head-up displays and instrument glasses. Additionally, FLABEG produces specialty glass products for touch applications, curved display covers, and digital signage. Its portfolio also includes functional glass items such as cosmetic mirrors and decorative lighting art glass. With a commitment to innovation and technology, FLABEG Deutschland employs over 1,400 staff members dedicated to enhancing the value of their glass products.

Lowe Rental

Debt Financing in 2018
Lowe Rental is a global provider of refrigeration rental services, specializing in fridge and freezer rentals for various applications, including exhibitions, retail, and events. The company caters to a diverse clientele, ranging from individual customers to large corporate brands, by offering a comprehensive range of products such as commercial displays, refrigeration units, catering equipment, cold rooms, and temporary kitchens. This extensive inventory enables clients in industries like food service to meet their refrigeration needs effectively, regardless of location or scale.

Creative Car Park

Debt Financing in 2017
Creative Car Park Ltd. is a car park management and enforcement company based in London, United Kingdom. Established in 2005, it provides a range of parking management services that include automatic number plate recognition (ANPR) solutions, car park permit systems, pay and display options, and physical patrols by wardens. The company focuses on ethical and effective parking enforcement across various sectors, including education, healthcare, retail, hospitality, and transportation. Its services are designed to address common parking issues such as unauthorized parking and car abandonment, facilitating hassle-free parking experiences for clients. Creative Car Park supports a diverse clientele, including businesses, local councils, and managing agents, by offering customized solutions to meet their specific parking needs.

CSAM Health AS

Debt Financing in 2017
CSAM is a provider of specialised healthcare software used by most hospitals in the Nordics. Their software solutions are added to the hospitals existing main software solutions. Their products cover medical areas such as: i.) software for emergency services, ii.) medical imaging, iii.) blood management, iv.) maternity, v.) oncology and vi.) connected healthcare. The specialised software components are vital parts of important day-to-day medical procedures in hospitals that rarely change. These long-life products imply recurring software revenue for decades.

UC Group

Debt Financing in 2017
UC Group Ltd. is a UK-based provider of online payment processing services catering to a diverse range of clients, from large corporations to small and medium enterprises. Founded in 1999 and headquartered in London, the company specializes in delivering a comprehensive suite of solutions, including payment gateway services, merchant acquiring, online accounting, treasury management, and security solutions. UC Group aims to be an end-to-end solutions platform, addressing the payment processing needs of merchants across various industries such as e-commerce, online gaming, and communications. Additionally, the company offers corporate investment advice, private equity fundraising, and professional consulting services in areas such as information security and risk management, serving clients in Europe, Africa, and the United States.

NOBA Bank Group

Post in 2017
NOBA Bank Group is a commercial banking and financial services institution based in Stockholm, Sweden, operating as a "bank of banks" with a focus on the Northern Europe region. The group encompasses three notable brands, including Nordax Bank and Bank Norwegian, the latter serving over 1.7 million customers. NOBA Bank Group specializes in providing a variety of financial products, such as large, long-duration personal loans, unsecured consumer loans, mortgages, credit cards, deposit accounts, and insurance services. Its mission is to promote healthy financial management for a broader clientele, enabling individuals to effectively plan and manage their investments and savings.

CETA Insurance

Debt Financing in 2017
CETA Insurance is a leading provider of personal and commercial insurance distribution services in the United Kingdom. The company specializes in offering a diverse range of insurance products sourced from some of the UK's top insurance providers. CETA employs a tech-enabled online broking platform that facilitates efficient distribution and enhances the customer experience. Additionally, the company supports insurers with tools for quoting, selling, and processing their business, along with an introducer scheme that allows partners to earn income without engaging directly in policy sales. CETA's strong digital marketing capabilities and deep data insights have positioned it as an innovator in the insurance market, fostering recurring customer relationships and establishing a solid presence in its core channels.

Potensis

Debt Financing in 2017
Potensis Limited is a professional recruitment consultancy based in Bristol, United Kingdom, established in 2000. The company specializes in providing temporary and permanent staffing services primarily for the construction and property industries. Potensis focuses on placing candidates in various roles within consulting engineering, construction, housing, rail, and surveying sectors. By emphasizing high standards of service delivery and meticulous attention to detail, Potensis has built a solid reputation in the market. Their recruitment offerings include executive search, contract placements, workforce outsourcing, and advertising campaigns, enabling clients to find locally sourced candidates tailored to their specific needs.

FLABEG Deutschland

Debt Financing in 2016
FLABEG Deutschland GmbH, based in Nuremberg, Germany, specializes in glass processing and offers a diverse range of solutions for glass and mirror applications globally. Established in 2009, the company focuses on manufacturing mirrors specifically for the automotive sector, including exterior and interior mirrors, as well as components like head-up displays and instrument glasses. Additionally, FLABEG produces specialty glass products for touch applications, curved display covers, and digital signage. Its portfolio also includes functional glass items such as cosmetic mirrors and decorative lighting art glass. With a commitment to innovation and technology, FLABEG Deutschland employs over 1,400 staff members dedicated to enhancing the value of their glass products.

OrthoD Group

Debt Financing in 2016
OrthoD is a specialist manufacturer and distributor of medical products and implants for joint reconstruction, sport medicine, surgical products and infection control applications.

Tenth Revolution Group

Debt Financing in 2016
Tenth Revolution Group, established in 2013 and based in Newcastle Upon Tyne, UK, specializes in global cloud talent solutions. The company connects businesses with highly sought-after cloud talent, empowering them to leverage cloud technology for digital transformation. Through its niche staffing and talent creation brands, Tenth Revolution Group not only sources but also develops the specialized IT professionals that businesses need to thrive in the cloud era.

ABAX

Debt Financing in 2015
ABAX is a company that specializes in developing and supplying vehicle tracking systems, fleet management software, and equipment control technology tailored for businesses that operate company vehicles. Its offerings include electronic run books, trip logs, and car tracker systems designed to enhance efficiency and reduce operational costs. By leveraging Internet of Things (IoT) solutions, ABAX enables users to monitor their vehicles and equipment effectively, helping to minimize fuel expenditures and mitigate the risk of tax penalties. The company is recognized for its innovative products, which have proven beneficial to a wide range of customers seeking to optimize their fleet operations.
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