Nordic Capital private equity funds focus on investments primarily in Northern Europe. Nordic Capital invests in selective industries with a particular focus on Healthcare, Tech & Payments and Financial Services. In addition selective investments are made in Industrial & Business Services.

Nordic Capital
Company typePrivate
IndustryPrivate Equity
Founded1989; 35 years ago (1989)
ProductsPrivate equity funds, Buyouts
AUM€30 billion (2023)
Websitenordiccapital.com

Since inception in 1989, Nordic Capital has invested more than EUR 21 billion in over 125 companies.

Nordic Capital has a large number of institutional investors, including public and private pension funds, sovereign wealth funds, financial institutions, endowments and family offices, and other institutional investors.[citation needed]

The Nordic Capital Funds are advised by advisory entities, which are based in Sweden, Denmark, Finland, Norway, Germany, UK, US and South-Korea. In total, over 200 people are employed by Nordic Capital.

Investments edit

The following companies can be found among Nordic Capital's former investments:

  • Ellos Group, leading e-commerce company within the Nordic region based in Borås, Sweden. Acquired in 2013 and divested via trade sale in 2019 for SEK2.4bn (c. €229m).[1]
  • Luvata Group, Finnish metal manufacturing company, acquired from Outokumpu Oyj in 2005 and exited through sale of individual business units between 2016 and 2017.[2]
  • Bambora, payment solution and services. Built on a platform acquired in 2014, and divested 2017 through a sale to Ingenico.
  • Capio, healthcare services, acquired in 2006, listed in 2015, final holding divested in 2017.
  • Thule, leisure outdoor industry. Acquired in 2007, listed in 2014, final holding divested in 2016.
  • Permobil, powered wheelchair manufacturer. Acquired in 2006 and divested in 2013 to Investor.
  • Nycomed, pharmaceuticals producer. Owned between 1999 and  2002. Acquired again in 2005 and sold in 2011 to Takeda in the biggest private equity sale in Europe to date.[3]
  • Mölnlycke Health Care, surgical products manufacturer. Acquired in 1997 and divested in 2005 to Investor.
  • Fritidsresor, tour operator. Acquired in 1995 and divested in 1998 through a sale to Thomson Travel Group.
  • Anticimex, pest control services. Owned between 1992 and 1995 and acquired again in 2001. Divested in 2006.
  • Itiviti, Financial Technology and Services, formed in 2016 by the union of Orc Group and CameronTec and merged with Ullink in 2017. Acquired in 2012 (Orc Group) and 2018 (Itiviti).
  • ProGlove, IoT device developer and manufacturer, formed in 2014 and acquired in May 2022. Estimated €500m acquisition.[4]
  • Sesol, a Swedish solar PV installer. Nordic Capital acquired majority shares of Sesol in December 2023 for an undisclosed amount.[5]

References edit

  1. ^ Bucak, Selin. "Nordic Capital sells e-commerce company for €230m". www.penews.com. Retrieved 2019-07-10.
  2. ^ "Nordic Capital's Sale of Luvata Group – Global Legal Chronicle". Retrieved 2019-07-10.
  3. ^ "Deal of the 20 Years » Financial News' 20th Anniversary Awards for Excellence in European Finance - Financial News' 20th Anniversary Awards for Excellence in European Finance". fn20.efnevents.com. Retrieved 2018-11-09.
  4. ^ "Valued in the neighbourhood of €500 million, Munich's ProGlove acquired by Nordic Capital". Tech EU. 6 May 2022. Retrieved 6 May 2022.
  5. ^ Ellichipuram, Umesh (2023-12-13). "Nordic Capital to acquire majority stake in solar PV installer Sesol". Power Technology. Retrieved 2023-12-13.