About Us | Nordic Capital

About Us

Our Vision

To continue our record of developing some of the world’s most successful, market-leading businesses; to be the partner of choice for business owners and management teams that are motivated to achieve their full potential; to be a gold standard employer that attracts the best talent; and, to be a positive contributor to society at large. That is our vision.

12

Funds raised

€9.0bn + €1.2bn

currently investing via Fund XI and Evolution Fund

>€25bn

invested in 145 companies since inception

€31bn

in Assets Under Management

~60%

of value created is driven by sales growth

13%

annual average sales growth in portfolio companies since inception

12%

annual average EBITDA growth in portfolio companies since inception

5

time winner of PEI Operational Excellence Award

Check Icon Bronze Applying a high level of selectivity

Check Icon Bronze Having a deep understanding of focus sectors

Check Icon Bronze Utilising strong operational capabilities

Check Icon Bronze Proactively supporting portfolio businesses

Check Icon Bronze Avoiding a reliance on external factors or the wider economy

Check Icon Bronze Analysis & tenacity

Check Icon Bronze Partnership

Check Icon Bronze Creativity

Check Icon Bronze Teamwork

Check Icon Bronze Responsibility

Check Icon Bronze Contribution

Gem Light

55

companies in current portfolio

>340

material acquisitions made by portfolio companies

>1/3

of all portfolio companies since inception co-owned together with previous owners

€17.9bn

of revenues generated by current portfolio companies

81,200

people employed in portfolio companies

94

exits

>30

years old, founded in 1989

10

offices

>230

employees

3

continents

33%

female professionals (2023)

>1,200

professionals trained in ESG at Nordic Capital and its portfolio companies

12

industry recognitions

PE News & Financial News

Kristoffer Melinder named one of the 50 most influential people in European private equity for the sixth consecutive year (2018-2023)

Private Equity Wire European Awards 2024

”Best Performance Over $2.5B – Buyout”

Private Equity International PE Awards 2023

Exit of the Year in EMEA

Real Deals PE Awards 2023

ESG Champion of the Year – Large-Cap

Private Equity International

Future Leaders of Private Equity 2023 (Fundraiser)

2008

Nordic Capital VII

€ 4,300 mn

2006

Nordic Capital VI

€ 1,500 mn

2003

Nordic Capital V

€ 1,500 mn

2000

Nordic Capital IV

€ 760 mn

1998

Nordic Capital III

€ 350 mn

1993

Nordic Capital II

€ 110 mn

1990

Nordic Capital I

€ 55 mn

1989 - 1997

The Early Years - Development of a Swedish Buyout Market

  • 1989: Robert Andreen and Morgan Olsson co-found Nordic Capital.
  • 1990: Skandia Life Insurance and Svenska Handelsbanken establish a joint venture and commit to support Nordic Capital Fund I with EUR 55 mn.
  • 1993: Nordic Capital Fund II closes with commitments of EUR 110 mn from five Sweden-based investors.
  • Nordic Capital plays an active role in the creation of the buyout market in Sweden.
1998 - 2007

International Investors - Expanding in the Nordic region

  • 1998: Nordic Capital Fund III closes at EUR 350 mn and starts to invest outside Sweden.
  • Nordic Capital Advisors, investment advisor to the Nordic Capital Funds, is established.
  • 2000: Nordic Capital Fund IV closes at EUR 760 mn, with a mandate to invest in all Nordic countries and several industry sectors.
  • Copenhagen office opens.
  • 2003: Nordic Capital Fund V closes at EUR 1.5 bn.
  • 2006: Nordic Capital Fund VI closes at EUR 1.9 bn.
2008 - 2017

International expansion and leadership transition - Continuing the Nordic Capital way

  • 2008: Nordic Capital Fund VII closes at EUR 4.3 bn.
  • Nordic Capital Advisors opens offices in Oslo, Helsinki, Frankfurt and London.
  • In 2010, Joakim Karlsson and Kristoffer Melinder are appointed as co-Managing Partners for NC Advisory.
  • 2013: Nordic Capital Fund VIII closes at EUR 3.5 bn.
  • Kristoffer Melinder becomes sole Managing Partner of the Firm.
  • Nordic Capital establishes dedicated Operations Team to drive portfolio performance and growth and adopt its Responsible Investment Policy and launches an ESG training programme.
2018 - today

Deep sector knowledge, financial firepower and ongoing commitment to sustainability - Driving transformative growth

  • 2018: Fund IX closes at EUR 4.3 bn, with redefined sector strategy.
  • 2018: CV1 a milestone EUR 2.5 bn continuation vehicle for Fund VII closes, giving portfolio companies greater value creation potential.
  • Nordic Capital Advisors expands into the US with new office in New York.
  • 2020: Fund X, significantly exceeds target, closing at EUR 6.1 bn after a record-breaking fundraise.
  • 2021: First mid-market Evolution Fund launched, closing at EUR 1.2 bn after just three months.
  • First credit facility linked to ESG targets is launched.
  • Nordic Capital receives highest score from the UNPRI for ESG work and joins the global ILPA ESG Data Convergence Project.
  • 2022: Fund XI closes at EUR 9 bn, the largest fund raised in the firm’s history, over 45% larger than its predecessor.
  • 2022-2024: Industry recognition by 12 PE awards over 24 months