Altor Equity Partners

Altor Equity Partners, established in 2003, is a Stockholm-based private equity firm focused on investing in and developing medium-sized companies in the Nordic region and selected European countries. The firm seeks to create enduring value by partnering with owners and managers to build world-class companies, typically investing in businesses with an enterprise value of €50 million to €500 million. Altor's investment strategy spans across various sectors, including consumer products and services, business products and services, healthcare, financial services, industrial, and information technology. The firm's funds also consider ESG-related investments and align with Article 8 under EU SFDR. Altor has raised multiple funds, with notable investors including Harvard Management Company, Goldman Sachs, and Allianz Private Equity Partners.

Gustav Alenmyr

Director

Cornelia Jebsen Anker

Senior Associate

Jens Browaldh

Partner

Isabella Eichler

Director

Linnéa Ekroth

Senior Associate

Lars Fromm

Partner

Mario Hagmann

Senior Associate

Matilda Elfving Hauan

Director

Klaas van Henten

Senior Associate

David Hess

Partner

Mattias Holmström

Partner

Søren Johansen

Partner

Klas Johansson

Partner

Tom Jovik

Principal

Andreas Kaldhussaeter

Senior Associate

Henrik Olav Klevar

Director

Herman Korsgaard

Partner

Herman Korsgaard

Principal

Hajo Krösche

Partner

Stefan Linder

Partner

Sven Lindstad

Senior Associate

Giovanna Maag

Partner

Niklas Mattsson

Senior Associate

Bengt Maunsbach

Partner

Oscar Michelsson

Senior Associate

Johan Reiersen

Partner

Daniel Reimann

Principal

Kristian Sandaker

Senior Associate

Birte Sewing

Principal

Gabriel Sjöström

Senior Associate

Tor Herman Smedsrud

Director

Karl Svenningsson

Principal

Andreas Säfweräng

Partner

Daniel Tufte-Kristensen

Director

Stian Tuv

Principal

Paal Weberg

Partner

Thomas Palm Westermann

Director

Øistein Widding

Partner

Vemund Wøien

Senior Associate

Clara Zverina

Principal

Past deals in Sweden

Raw Fury

Acquisition in 2021
Raw Fury, established in 2015 and based in Stockholm, Sweden, is a video game publisher specializing in indie games. It publishes and distributes titles such as Kingdom, Kathy Rain, and Dandara across various platforms including Android, iOS, Windows, and gaming consoles. Raw Fury is known for its unique, story-driven games with hand-painted graphics and multiple endings, catering to a diverse audience of gamers.

QNTM

Acquisition in 2021
QNTM Group is a growth capital investment firm based in Stockholm, Sweden, established in 2021. The firm focuses on investing in companies that demonstrate excellence in digital strategy, software, and technology. By partnering with businesses in these sectors, QNTM aims to support their long-term growth and transformation in the digital landscape.

OX2

Private Equity Round in 2020
OX2 is a renewable energy company that develops, constructs, and operates solar and wind farms, along with energy storage solutions. It manages projects across Europe, including Sweden, Finland, Poland, France, Lithuania, Norway, Spain, Italy, Estonia, and Romania.

Curamando

Private Equity Round in 2019
Curamando AB is a marketing management consultancy based in Stockholm, Sweden, with additional offices in Gothenburg and Oslo. Founded in 2012, the firm specializes in helping businesses enhance their online revenue growth by optimizing marketing and sales operations. Curamando assists clients in evaluating and implementing necessary changes to remain competitive in the digital landscape. The company focuses on bridging the gap between marketing and IT departments, enabling organizations to become data-driven and make informed business decisions. By providing tailored strategies, hands-on support, and expertise across various domains, Curamando aims to improve clients' digital capabilities and transform their operations to attract more customers and increase revenues.

XXL Sport & Villmark

Post in 2019
XXL Sport & Villmark, founded in 2001, is a prominent sports retailer operating across Norway, Sweden, and Finland. The company specializes in a wide range of products catering to sports, hunting, skiing, biking, and other outdoor activities, including sportswear, shoes, and sports technology. Its extensive inventory features items such as casual wear, sleeping bags, cooking equipment, firearms, binoculars, GPS devices, and various gear for activities like water sports, football, golf, tennis, skiing, snowboarding, and hunting, sourced from reputable brands. With 14 mega-stores located in major cities in Norway, XXL has established itself as the fastest-growing player in the Norwegian sporting goods market, capturing a market share of nearly 15%. The company has experienced significant sales growth, averaging 30% annually from 2003 to 2010, and anticipated sales nearing NOK 2 billion in 2010. The majority of XXL's revenue is generated from its operations in Norway.

Ludvig

Private Equity Round in 2018
Ludvig & Co, previously known as LRF Konsult, is Sweden's largest consulting firm, catering to over 70,000 customers through a network of approximately 1,300 employees across 130 locations. Established in 1918 by Ludvig Nanneson, the company has more than a century of experience in providing comprehensive services. It specializes in business accounting and advisory services tailored for individuals and local offices throughout Sweden. Ludvig & Co offers a diverse range of services, including finance and tax, payroll, legal assistance, business consulting, and real estate advisory for buying, selling, and valuation. The firm emphasizes both in-person and digital interactions, aiming to support and foster the growth of successful entrepreneurs.

O'Learys

Private Equity Round in 2018
O'Learys Bar & Restaurant is a Swedish franchise chain founded in 1988 in Gothenburg by Jonas Reinholdsson. Headquartered in Stockholm, the chain operates over 130 sports-themed restaurants across various countries, including Sweden, Norway, Denmark, Finland, Iceland, Belgium, Spain, Hungary, Turkey, the United Arab Emirates, Singapore, China, and Vietnam. O'Learys combines American cuisine with a vibrant atmosphere featuring sports, music, and entertainment. The company generated over 2.3 billion SEK in revenue in 2017. Additionally, O'Learys is committed to social responsibility through its Meal4Meal program, which has provided more than 2.1 million school meals to children in Ethiopia and the Democratic Republic of Congo. The brand is guided by core values of fairness, passion, and pride.

LRF Konsult

Acquisition in 2018
LRF Konsult AB is a consultancy firm based in Stockholm, Sweden, specializing in providing comprehensive advisory and accounting services. Established in 1918, the company serves a diverse clientele that includes farm businesses, forest owners, and small enterprises, with a client base exceeding 75,000. LRF Konsult operates through a network of 130 offices across Sweden, offering expertise in areas such as business economics, corporate law, fiscal legislation, finance, tax, and property brokerage. The firm is dedicated to supporting its clients in navigating the complexities of business management and regulatory compliance.

Nordic Trustee Holding

Acquisition in 2017
Nordic Trustee Holding ASA, headquartered in Oslo, Norway, specializes in trustee and agency services for bonds and direct lending across the Nordic region. It offers a range of services including bond trustee duties, loan administration, payment processing, escrow, account management, listing agency, and safe-keeping of source codes. Additionally, it provides surety solutions for unfunded pension schemes and electronic market data services for interest-bearing securities. The company caters to institutional clients such as asset managers, banks, and insurance companies, supporting over 750 issuers/lenders from 25 countries with approximately 3000 active assignments in the non-bank lending sector.

CTEK Smarter

Acquisition in 2011
CTEK Power Inc. designs and develops a unique series of high-tech battery chargers and special solutions for all types of lead-acid batteries for both private and professional use. The cornerstone in CTEK’s successful business concept that allows the development of a new category of battery charger is the extensive knowledge of batteries and electronics. These new battery chargers satisfy not only today’s high demands on battery care, but also take the increasing needs of the growing group of new users into consideration. Safety, simplicity and flexibility are key words and requirements that apply to all the products and solutions currently developed and sold by CTEK. Since their initiation, close to three million battery chargers have been sold in 60 countries throughout the world. CTEK is also a reliable OEM supplier to many of the world’s most prestigious car and motorcycle manufacturers.

SATS Group

Private Equity Round in 2011
SATS GROUP is a prominent health and fitness chain in the Nordic region, operating under the brands SATS, Elixia, and Fresh Fitness. The company serves over 700,000 members across 220 clubs in Finland, Norway, and Sweden. SATS offers a comprehensive range of fitness training services tailored for both men and women, including studio training focused on strength and cardio, group classes, and personal training sessions. Additionally, SATS provides boot camps for smaller groups and out-of-club training options for enhanced convenience. The company's retail shops further support its members by offering fitness-related products.

Carnegie Investment Bank

Private Equity Round in 2009
Carnegie Investment Bank is a prominent financial institution based in Stockholm, Sweden, with a rich history dating back to 1803. The bank specializes in a wide array of services, including financial advisory, wealth management, and investment banking. Its offerings encompass mergers and acquisitions, private placements of debt and equity, initial public offerings, and fundraising advisory. Additionally, Carnegie provides securities brokerage, private banking, and sales trading services. The firm is recognized for its focus on delivering consistent, long-term asset growth for its clients through a disciplined investment philosophy and a stable team of experienced professionals.

Carnegie Investment Bank

Private Equity Round in 2009
Carnegie Investment Bank is a prominent financial institution based in Stockholm, Sweden, with a rich history dating back to 1803. The bank specializes in a wide array of services, including financial advisory, wealth management, and investment banking. Its offerings encompass mergers and acquisitions, private placements of debt and equity, initial public offerings, and fundraising advisory. Additionally, Carnegie provides securities brokerage, private banking, and sales trading services. The firm is recognized for its focus on delivering consistent, long-term asset growth for its clients through a disciplined investment philosophy and a stable team of experienced professionals.

NorthStar Battery

Acquisition in 2007
NorthStar Battery is a global leader in the design, manufacture, and deployment of a diverse range of batteries and energy storage solutions, focusing particularly on lead-acid batteries. The company specializes in valve-regulated and sealed lead-acid batteries, as well as various power solutions and related products. Committed to delivering reliable and sustainable power, NorthStar employs advanced technology to enhance battery life, minimize operating costs, and reduce environmental impact. With major operations located in Sweden, the USA, China, and the Middle East, the company also supports its global presence through distribution and service centers across Latin America, Europe, Africa, and the Asia-Pacific region.

NorthStar Battery

Acquisition in 2007
NorthStar Battery is a global leader in the design, manufacture, and deployment of a diverse range of batteries and energy storage solutions, focusing particularly on lead-acid batteries. The company specializes in valve-regulated and sealed lead-acid batteries, as well as various power solutions and related products. Committed to delivering reliable and sustainable power, NorthStar employs advanced technology to enhance battery life, minimize operating costs, and reduce environmental impact. With major operations located in Sweden, the USA, China, and the Middle East, the company also supports its global presence through distribution and service centers across Latin America, Europe, Africa, and the Asia-Pacific region.

Euro Cater

Acquisition in 2006
Euro Cater A/S, founded in 2006 and headquartered in Svenstrup, Denmark, is a supplier of food and non-food products to the hospitality and catering sectors. The company serves a diverse clientele, including restaurants, hotels, caterers, and government institutions in Denmark and Sweden. Its product offerings encompass fresh fruits, canned goods, assorted meat products, as well as machinery and equipment designed for professional kitchens. Euro Cater operates multiple offices across Denmark and Sweden to effectively meet the needs of its customers in these markets.

Dustin Group

Acquisition in 2006
Dustin Group is an online-based IT partner operating in the Nordic region and the Netherlands, primarily catering to small and medium-sized enterprises, as well as private individuals. With a portfolio of approximately 255,000 products, including computers, tablets, software, and networking solutions, Dustin bridges the gap between manufacturers and customer needs. The company also provides tailored IT services such as cloud solutions, IT security, managed print services, and consulting to enhance the digital workplace experience. Although it serves multiple segments, over 90 percent of its revenues are derived from the corporate market, particularly from large corporate and public sector clients. Headquartered in Nacka, Stockholm, Dustin has over 1,000 employees and reported sales of SEK 10.3 billion for the 2017/18 financial year.

Relacom

Acquisition in 2005
Relacom is a network management services provider based in Solna, Sweden, specializing in integrated technology services across communication, energy, and IT sectors. The company focuses on building, maintaining, and installing telecommunication networks, which include mobile and broadband connections for both residential and commercial clients. Relacom connects cities and remote areas with high-speed broadband and ensures reliable mobile and WiFi access. Additionally, the company facilitates the integration of smart energy equipment and is involved in the installation and management of electric car charging stations, thereby supporting the advancement of infrastructure in telecommunication and energy sectors.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.