Nordic Capital

Nordic Capital is a private equity firm based in Stockholm, Sweden, specializing in buyouts and growth investments primarily in the healthcare, technology, financial services, industrial goods, consumer retail, life sciences, and business services sectors. Since its founding in 1989, the firm has established a strong reputation in Nordic private equity, focusing on medium to large companies, particularly within Europe, including Germany, Scandinavia, and the DACH region. Nordic Capital typically invests between $53 million and $3668.97 million in companies with annual sales ranging from $165.78 million to $796 million, aiming for majority ownership but also considering minority stakes. The firm engages in responsible investing, emphasizing long-term collaboration and operational excellence to create value in its portfolio companies. Investments are held for three to seven years, with an average duration of 4.6 years, and exits are executed through various strategies, including strategic sales and public offerings. Nordic Capital's team combines extensive experience in private equity with a network of industry specialists to support its investment strategy.

Mohit Agnihotri

Partner

Vincent Aldevinge

Investment Manager

Emil Anderson

Partner

Joakim Andreasson

Principal

Robert Andreen

Co-Founder & Senior Partner

Martin Bengtson

Investment Manager

Daniel Berglund

Partner

Pål Billington

Investment Manager

Felix Björklund

Special Partner

Maximilian Buchner

Investment Manager

Mark Bulmer

Partner and Head of Capital Markets and Investment Relation

Linn Nærup Børke

Investment Associate

Alfa Chan

Partner

Joel Davidkin

Principal

Tobias Dehlen

Investment Manager

Aditya Desaraju

Director

Nicholas Dixon-Clegg

Investment Manager

Carl-Henrik Einar

Investment Controller

Christopher Ekdahl

Managing Director

Niklas Fredriksson

Investment Manager

Robert Furuhjelm

Partner, Head of Exit Office & Head of Finland

Tiemo Grimm

Principal

Christian Gylling

Partner

Michael Haaning

Partner and Co-Head of Consumer and Retail

Magnus Hammarström

Director

Christian Hedegaard

Investment Manager

Christian Holländer

Investment Manager

Erik Holm

Investment Associate

Anders Hultin

Partner

Mark Johnston

Investment Manager

Maija Joutsenkoski

Investment Manager

Joakim Karlsson

Partner

Ged Kelly

Managing Director - Nordic Capital Limited

Carl Robin Kirchmann

Investment Manager

Lutz Kregel

Principal

Maria Kulju

Investment Director

Rainer Lenhard

Partner

Casper Lerche

Managing Director

Elin Ljung

Managing Director & Head of Communications & Sustainability

Linus Lund

Fund Controller

Joakim Lundvall

Partner and Head of Nordic Capital Evolution

Thomas Mejdell

Investment Manager

Kristoffer Melinder

Managing Partner

Louise Nabseth

Investment Associate

Andreas Nasvik

Partner, Head of Industrial & Business Services & Head of Sweden

Philippe Neuschäfer

Partner

Pär Norberg

Partner and Head of Investor Relations

Erik Nyborg

Managing Director

Morgan Olsson

Co-Founder

Janine Peake

Head of Investor Relations

Karl Petersson

Investment Manager

Richard Riboe

Investment Manager

Fori Ronnqvist

Investor Relations Associate

Tapani Salonen

Director

David Samuelson

Principal

Raj Shah

Partner

Jesper Söderberg

Head of Controlling and Valuation

Tom Thambert

Investment Manager

Klas Tikkanen

Chief Financial Officer

Rickard Torell

Director

Rolf Torsøe

Managing Director & Country Coverage Manager for Norway

Jess Tropp

Managing Director

Fredrik Uggla

Investment Manager

Thomas Vetander

Partner

Toni Weitzberg

Senior Partner

Sebastian Wohlgschaft

Director

Isabelle Zhang

Investor Relations Manager

Past deals in Sweden

Qred

Private Equity Round in 2022
Qred Holding Ab provides small business loans tailored for SMEs in Sweden, Finland, Denmark, and the Netherlands. Founded in 2015 and headquartered in Stockholm, the company offers a streamlined online application process, enabling quick access to funds. Qred is dedicated to addressing the financial challenges faced by small businesses, ensuring that loan applications are processed efficiently, often within 24 hours. The company's commitment is to support the growth of small enterprises by providing fast and secure financing solutions.

Qred

Private Equity Round in 2021
Qred Holding Ab provides small business loans tailored for SMEs in Sweden, Finland, Denmark, and the Netherlands. Founded in 2015 and headquartered in Stockholm, the company offers a streamlined online application process, enabling quick access to funds. Qred is dedicated to addressing the financial challenges faced by small businesses, ensuring that loan applications are processed efficiently, often within 24 hours. The company's commitment is to support the growth of small enterprises by providing fast and secure financing solutions.

Advanz Pharma

Acquisition in 2021
ADVANZ PHARMA is a global pharmaceutical company focussed on serving the needs of our patients and healthcare providers around the world with enhanced access to high quality, niche established medicines. The Company has an international footprint with sales in more than 100 countries and has a diversified portfolio of more than 200 established, off-patent molecules that make up more than 1,300 SKUs. It also markets orphan drugs through its Orphan Drug Division, currently consisting of Photofrin for the treatment of certain rare forms of cancer, which is currently undergoing testing for potential new indications.

Max Matthiessen

Acquisition in 2020
Max Matthiessen offers its customers procurement and administration of savings and insurance products.

iLOQ

Acquisition in 2019
iLOQ Oy develops digital locking systems in Finland. Its products include iLOQ S10, which includes battery-free digital key with encryption; iLOQ S50, a NFC self powered lock cylinder; and iLOQ privus, an electronic locking system for homes, recreational properties and small businesses. The company was founded in 2003 and is based in Oulu, Finland with additional offices across the globe.

Signicat

Acquisition in 2019
Signicat is a digital identity service provider based in Europe, specializing in electronic identity and signature solutions. The company offers cloud-based services that facilitate user identification and electronic signing for both public and private sector clients. Signicat's solutions are designed to meet international standards and regulatory requirements, including privacy, anti-money laundering, and know your customer regulations. By providing advanced security technologies, Signicat helps organizations enhance their operational efficiency and deliver improved user experiences while mitigating risks associated with identity verification. Its clientele includes banks, financial institutions, insurance companies, government agencies, and businesses of all sizes. Founded in 2006 as Kantega Secure Identity, the company has grown to establish a presence in multiple countries, including the UK, Germany, the Netherlands, Portugal, Denmark, Sweden, Finland, and Norway. Signicat is committed to providing reliable services with banking-grade service level agreements to ensure scalability and trust.

Conscia A/S

Acquisition in 2019
Conscia A/S is supplies IT infrastructure solutions and 24/7 network, data centre and mobility support.Headquartered in Denmark, the company has also moved into Sweden this year through the acquisition of Netsafe International AB. Conscia builds it infrastructure and offers 24/7 services for Network, Data Center, Security and Mobility. In close cooperation with their customers they focus on getting the biggest benefits from the newest technologies. They strive to be the highest skilled within their area of expertise, and they combine deep professional knowledge with an attitude centered on completing every project successfully and maintaining fast and efficient task completion. Conscia’s expertise and unique service offering ensure continuous development and stable operations for their customers. They are ambitious and hold high standards, and they actively work on creating the best possible work environment for their employees.

Macrobond

Acquisition in 2018
Macrobond provides research systems and macroeconomic and financial data to customers including banks, investment banks, hedge funds, corporates, asset managers and universities.

Trustly

Acquisition in 2018
Trustly Group AB, founded in 2008 and based in Stockholm, Sweden, specializes in online banking payment and processing solutions across Europe. The company facilitates business-to-business and peer-to-peer payments directly from bank accounts through various devices, including mobiles, tablets, and desktops. Trustly offers features such as recurring and one-click payments for subscription services and in-app purchases, as well as plug-ins for e-commerce platforms and integration via application programming interfaces (APIs). Its services also encompass direct debit options for various sectors, including online gaming, video-on-demand, food delivery, and financial services. Trustly caters to consumers and global merchants, primarily focusing on e-commerce, travel, financial services, and online gaming, aiming to provide secure and efficient online payment solutions.

Ryds Bilglas

Acquisition in 2017
Ryds Bilglas operates as a vehicle glass repair and replacement company. The business is represented with close to 100 workshops in Sweden, and 16 in Norway. In addition to its own workshops, there is also a network of franchisees under the brand name Samglas, which is a wholly owned subsidiary.

NOBA Bank Group

Post in 2017
NOBA Bank Group, operating under the name Nordax Bank AB, is a financial institution based in Stockholm, Sweden, that specializes in providing banking products and services to private individuals across Sweden, Norway, Finland, Denmark, and Germany. Established in 2003, the bank offers a range of services including savings accounts, personal loans, and mortgage loans. With a workforce of approximately 200 employees, Nordax Bank serves around 100,000 customers in the Nordic region. The bank operates under the regulatory oversight of the Swedish Financial Supervisory Authority and is backed by the state deposit guarantee, ensuring the security of deposits for its clients.

Euroclear FundsPlace

Acquisition in 2017
Euroclear FundsPlace operates as an open architecture fund distribution platform, serving fund management companies and distributors. The platform provides an automated solution for trading funds and custody services, facilitating the recovery of fund rebates and the collection and payment of trail fees. Euroclear FundsPlace offers a single point of access for various services, including fund distribution, updated fund information, and regulatory compliance. By streamlining transactions and providing essential documentation, it aims to enhance efficiency in the fund trading process.

Nordnet

Acquisition in 2017
Nordnet AB operates a digital platform for savings and investments across Sweden, Norway, Denmark, and Finland. The platform allows customers to save and invest in various financial products, including stocks, mutual funds, and other securities, accessible via the website and mobile applications. In addition to investment services, Nordnet offers loans such as margin lending, residential mortgages, and personal loans. The company provides products for private pension savings in Sweden, Norway, and Denmark, as well as endowment insurance and occupational pension solutions. It also features Shareville, a social investment network that connects approximately 250,000 users, allowing them to follow other investors and view their portfolios. Founded in 1996, Nordnet is headquartered in Stockholm, Sweden, and operates in a market traditionally dominated by conventional banks and pension companies.

Cint

Acquisition in 2016
Cint, founded in 1998 in Stockholm, Sweden, operates as a global insight exchange that connects businesses with consumer data. The company maintains an online marketplace with 19 million registered consumers, enabling community owners to manage, monetize, and enhance their data. Cint specializes in providing software solutions that streamline the insights-gathering process for various clients, including research agencies and brands. Its platform allows these clients to access consumer insights efficiently and survey communities in real time, thereby delivering valuable information and audience scale. Through its innovative technology, Cint facilitates a more effective means of gathering and utilizing consumer insights in the digital landscape.

Greenfood Group

Acquisition in 2015
Greenfood Group is a supplier in the attractive market for healthy foods (fruits, vegetables and salads).

Quant

Acquisition in 2014
Quant provides fully outsourced industrial maintenance services.

AniCura

Acquisition in 2014
AniCura TC AB provides veterinary care services for dogs and cats. The company was founded in 2011 and is based in Danderyd, Sweden. As of November 27, 2018, AniCura TC AB operates as a subsidiary of Mars Petcare.

Bambora

Acquisition in 2014
Bambora journey began a few years ago. As a group of willing, enthusiastic entrepreneurs, They understood that payment solutions for small and medium-sized enterprises (SMEs) were far from simple. With too many vendors and even more interfaces out there, we envisioned a much easier experience for business owners, whether they had been around for days or decades and regardless if they sold their products or services in stores or online. You could say we were obsessed with simplifying life for SMEs.

Teleresurs i Sverige

Acquisition in 2012
Teleresurs i Sverige AB specializes in contact center services in Sweden, offering a range of solutions including customer service, order reception, and sales promotion. The company focuses on telemarketing and customer care, aiming to enhance client interactions and streamline communication. Through its comprehensive service offerings, Teleresurs i Sverige plays a vital role in supporting businesses with their customer engagement needs.

Solid Forsakrings

Acquisition in 2012
Solid Forsakrings provides profiled insurance solutions to the retail sector as well as other consumer insurances.

Resurs Bank

Acquisition in 2012
Resurs Bank AB (publ) provides payment and financing solutions to the retail industry in Sweden, Denmark, Norway, and Finland. It operates in two segments, payment solutions and consumer loans. The payment solutions segment offers finance, payment, and loyalty solutions for chain stores and ecommerce companies. This segment also provides credit cards to the public; and factoring services. The consumer loans segment provides unsecured loans to finance purchases. It also offers savings and other deposit products. The company was founded in 1977 and is headquartered in Helsingborg, Sweden. Resurs Bank AB (publ) operates as a subsidiary of Resurs Holding AB.

Reda Inkasso

Acquisition in 2012
Reda Inkasso provides debt collection and related financial services.

Munters

Acquisition in 2010
Munters is a global leader and premium partner in energy efficient air treatment solutions. Using innovative technologies, Their expert engineers create the perfect climate for customers in a wide range of industries with the largest being the food, pharmaceutical and data center sectors. Munters has been defining the future of air treatment since 1955.

Handicare

Acquisition in 2010
Handicare was founded in 1986 and supplies technical aids for the elderly and physically disabled. Its products include stairlifts, transfer and lifting products, automobile adaptation solutions and homecare products. Handicare's brand products are distributed through a comprehensive network of professional dealers and distributors in 30 countries around the world. Through its subsidiary Puls, the group is also a market leader in the sale of capital goods and consumables to hospitals and institutions in Norway. Handicare has 950 employees and its headquarters in Kista, Sweden, and has subsidiaries in Norway, Denmark, Germany, the Netherlands, England, Belgium, France, and the US.

Thule Group AB

Acquisition in 2008
Thule Group AB operates in the sports and outdoor sector, providing a wide range of products designed for active lifestyles. The company specializes in roof racks, roof boxes, bike racks for various sports, and equipment for water and winter activities, as well as rooftop tents. Additionally, Thule offers a selection of bags including those for computers, cameras, and hiking, alongside luggage and bicycle trailers. Their product lineup also features strollers, child bike seats, and outdoor accessories like awnings and tents for RVs and caravans. Thule Group markets its products primarily under the Thule and Case Logic brands to retailers and distributors. Founded in 1942, the company is headquartered in Malmö, Sweden.

Permobil

Acquisition in 2006
For over 45 years, Permobil has been a leader in the complex rehabilitation power wheelchairs industry. No other company can match their record of product "firsts" or their influence in shaping seating and mobility solutions. Their brand is asked for by name, known for quality and trusted by therapists, prescribers, dealers and consumers to be the best. Permobil's mission is to develop, manufacture and market wheelchairs and transport- and communication systems for people with functional disabilities. Their products leads where quality, performance, safety and function are concerned in order to provide users with the best possible compensation for their disabilities. Permobil grows through consistent profitability with the help of high quality and efficiency in product development, production, marketing and service as well as a strong position globally.

ATOS MEDICAL

Acquisition in 2005
Atos Medical was founded in 1986 and today has a vast international network with subsidiaries in the USA, UK, Germany, Spain, Netherlands, Belgium, Sweden and Switzerland and also exclusive distributors serving about 60 countries. The head office is situated in Sweden, where a state-of-the-art clean room and laboratory make it possible to perform all tests required for successful R&D.

Plastal

Acquisition in 2005
Plastal Industri AB manufactures and surface treats exterior and interior plastic components to the vehicle industry. The company offers bumper systems, radiator grills and chromated parts, and fenders and spoilers for passenger cars; and bumper systems and exterior trims for trucks. It also provides engineering services, including concept development, design and modelling, production and follow up, and simulation and testing. The company was founded in 2009 and is based in Gothenburg, Sweden. As of May 26, 2016, Plastal Industri AB operates as a subsidiary of Plasman Inc.

Bufab Group

Acquisition in 2005
Bufab is a trading company that offers its customers a fullservice solution as Supply Chain Partner for sourcing, quality control and logistics for C-Parts (screws, nuts,etc). Bufab´s Global Parts Productivity™ customer offering aims to improve productivity in customer´s value chain for C-Parts.

Cloetta

Private Equity Round in 2005
Cloetta AB is a confectionery company based in Solna, Sweden, with a strong presence in Northern Europe, the Netherlands, and Italy. Founded in 1862, Cloetta manufactures and markets a diverse range of confectionery products, including chocolate items like pralines and wafers, as well as sugar confections such as foams, liquorice, and hard candies. The company also produces pastilles and chewing gum, with a wide brand portfolio that includes Kexchoklad, Polly, Läkerol, and Jenkki. Cloetta's products are distributed through various sales channels and are available in over 50 markets globally, with significant sales in Sweden, Finland, Denmark, Norway, the Netherlands, Germany, and the UK. The company operates approximately seven production units across five countries.

Appium Technologies

Venture Round in 2004
Appium is one of the leading vendors of next generation telecommunication application platforms and applications for the converging IT and Telecom market. To enable its business Appium delivers the leading telecom application platform and service creation environment for the OSA/Parlay market (www.parlay.org). Appium complements its service creation and deployment platforms offering with a range of commercially available applications and application components together with deployment and business models for addressing the enterprise as well as consumer market segments. Appium works in a standard Independent Software Vendor (ISV) business model. Appium addresses its offerings to Network Operators, Service Providers, Application Developers and, as the market evolves, Enterprises. Appium was founded in 1992, with head offices in Malmoe, Sweden, and originally provided professional services and solutions in the areas of Intelligent Networks, Mobile Systems, NGN and services. In 2000, the company decided to exploit the opportunities arising from the OSA/Parlay standards and was re-oriented to be a product company.