JANUARY 29 2026
Nordic Capital signs agreement to acquire majority stake in 1741 Group and pursues ambitious growth targets in the European fund services market together with existing management.
1741 Group: A Decade of Growth and Innovation
Since its founding in 2016, 1741 Group has continuously evolved and is now one of the most significant service providers in Switzerland and Liechtenstein in the structuring and administration of collective investment schemes, with assets under administration exceeding CHF 23 billion. The company today serves a broadly diversified client base of asset managers, pension funds, and other financial institutions, and has also established a steadily growing branch in Luxembourg since 2021. 1741 Group’s entrepreneurial DNA and highly scalable platform enable strong organic growth, ideally positioning the company for acquisitions along its value chain.
With Nordic Capital, 1741 Group has now secured a leading European private equity investor, whose investment will be made in close collaboration with the founders and the management team. This reflects a joint commitment to accelerate 1741 Group’s international growth and strengthen its position as a leading fund services platform in Europe. Together, 1741 Group and Nordic Capital aim to actively shape market consolidation in Europe.
Dr. Benedikt Czok, CEO of 1741 Group, said: “We see very exciting possibilities and great opportunities for significant growth in the coming years, both organic and inorganic. The capacity of our platform is far from exhausted, and the experiences and developments of recent years have strengthened our conviction to take this next step. We are very pleased to welcome Nordic Capital as our partner. Nordic Capital’s many years of experience in building successful financial services companies and their understanding of our sector will be of decisive value as we pursue our ambitious growth course.”
Stefan Schädler, COO of 1741 Group, added: “Our clients and partners will greatly benefit from our further growth. As a growth company, we strive to be at the forefront of all regulatory, technological, and business developments, ensuring that our clients’ products and our services always meet the highest requirements.”
A New Chapter: Partnership with Nordic Capital
With Nordic Capital's investment, 1741 Group gains a partner with many years of experience in supporting growth companies in the financial sector. Beyond providing financial resources, the investor also provides operational know-how when needed.
David Samuelson, Partner at Nordic Capital Advisors, said: “The development of 1741 Group and the commitment of the founders and their team impress Nordic Capital very much. The company has established itself as a dynamic and fast-growing fund service provider, with a strong client network, a resilient business model and a clear expansion strategy. Nordic Capital is excited to support 1741 Group and its management during the upcoming growth phase.”
Management Continuity: Leadership and Transition
The management team of 1741 Group will continue to hold operational responsibility for the Group and remain actively engaged as entrepreneurs. Dr. Benedikt Czok will remain Group CEO and, with approximately 20%, a significant shareholder of 1741 Group. As part of the transaction, Co-Founder and Co-CEO Markus Wagner will step down from his operational role but will continue to support the Group in an advisory capacity.
The investment will be made by Evolution, Nordic Capital’s mid-market strategy. With a total committed capital of EUR 3.2 billion, the Evolution platform targets investments in mid-market growth companies across Northern Europe, applying its proven sector model. 1741 Group marks the fourteenth investment announced by the Evolution platform since 2021.
The transaction is subject to closing conditions and is expected to be completed within the current half-year. Further details of the transaction will not be disclosed.
Media contacts:
1741 Group
Remo Dominioni
Chief Commercial Officer, 1741 Group
remo.dominioni@1741group.com
Nordic Capital
Katarina Janerud
Communications Manager, Nordic Capital Advisors
katarina.janerud@nordiccapital.com
About 1741 Group
1741 Group is a leading provider of fund structuring and administration services with offices in Switzerland, Liechtenstein, and Luxembourg, managing assets of over CHF 23 billion. With around 70 employees, the Group services both traditional and alternative investment funds for asset managers, pension funds, family offices, and other fund initiators. In addition, 1741 Group is among the largest representatives of foreign funds in Switzerland.
About Nordic Capital
Nordic Capital is a leading international private equity investor and sub-sector specialist dedicated to building stronger, more sustainable businesses through operational improvement and transformative long-term growth in partnership with management teams. With over 35 years of experience, a global reach, and the local presence of dedicated sector investment advisory teams in Sweden, UK, Germany, Denmark, Norway, Finland and the US, Nordic Capital brings deep expertise across its core investment sectors: Healthcare, Technology & Payments, Financial Services and Services & Industrial Tech. Leveraging tailored playbooks, a dedicated operations advisory team and a global network of industrial and functional experts, Nordic Capital seeks to help companies to scale, innovate and become sustainable leaders. Nordic Capital currently manages around EUR 34 billion in assets and since its founding in 1989, has invested approximately EUR 30 billion in more than 150 middle-market companies in Northern Europe and North America. The committed capital is principally provided by global institutional investors such as pension funds. For more information, see www.nordiccapital.com or connect via LinkedIn.
Legal Notice: “Nordic Capital” refers to, depending on the context, any, or all, Nordic Capital branded entities, vehicles, structures, and associated entities. The general partners and/or delegated portfolio managers of Nordic Capital’s entities and vehicles are advised by several non-discretionary sub-advisory entities, any or all of which are referred to as “Nordic Capital Advisors”.
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