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.

11

Funds raised

€6.1bn + €1.2bn

currently investing via Fund X and Evolution Fund

>€20bn

invested in over 125 companies since inception

€25bn

in Assets Under Management

~60%

of value created is driven by sales growth

12%

annual average sales increase in portfolio companies since inception

15%

annual average EBITDA increase in portfolio companies since inception

11%

organic employment growth in portfolio companies

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

45

companies in current portfolio

>240

material acquisitions made by portfolio companies

>1/3

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

€13.5bn

of revenues generated by current portfolio companies

76,500

people employed in portfolio

90

exits

>30

years old, founded in 1989

10

offices

>180

employees

3

continents

28%

female professionals (2021)

>830

professionals trained in ESG at Nordic Capital and its portfolio companies

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

  • Robert Andreen and Morgan Olsson co-found Nordic Capital.
  • Skandia Life Insurance and Svenska Handelsbanken establish a joint venture and commit to support Nordic Capital Fund I with EUR 55 mn.
  • 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

  • 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.
  • 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.
  • Nordic Capital Fund V closes at EUR 1.5 bn.
  • Nordic Capital Fund VI closes at EUR 1.9 bn.
2008 - 2017

International expansion and leadership transition - Continuing the Nordic Capital way

  • 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.
  • 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

  • Fund IX closes at EUR 4.3 bn, with redefined sector strategy.
  • 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.
  • Fund X, the largest fund in Nordic Capital’s history, significantly exceeds target, closing at EUR 6.1 bn after a record-breaking raise.
  • 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.