Nordic Capital awarded Nordic Deal of the Year
Apr 18, 2012
Nordic Capital was awarded Nordic Deal of the Year at
the 11th Real Deals Private Equity Awards, recognising the best of
European private equity in 2011. The awards were held in London on
The analysis of the shortlisted nominees was conducted by a team
from Cass Business School and the Jury declared that the sale of
Point International ("Point") to VeriFone Systems, Inc., was
the winner of the Nordic Deal of the Year award in close
competition with another Nordic Capital deal; the Nycomed exit.
This is the first time in the Real Deals Awards' history that one
buyout house have had two nominees in the same category.
Under Nordic Capital Fund V's seven year ownership, Point
expanded to become Europe's leading provider of electronic payment
solutions. The outstanding growth of Point has been driven by a
defined strategy for market leadership through investments.
"Point has had fantastic growth, with sales close to five times
higher than at the time of acquisition and taken the position as
the leader in advanced payment services in Europe. Nordic Capital
has supported the management to make significant R&D
investments and do strategic add-on acquisitions, creating value
and sustainable growth opportunities, and thereby ensuring that
Point remains a European leader in a field that has a tremendous
growth potential", said Fredrik Näslund, Partner, NC Advisory AB,
advisor to the Nordic Capital Funds at the time of the exit.
For further information about the exit of Point International
and other recent deals made by Nordic Capital please see www.nordiccapital.com.
About Nordic Capital Private Equity Funds
Since the start in 1989, Nordic Capital Private Equity Funds
have invested in large and medium sized companies, primarily in
Northern Europe. Through committed ownership and by targeting
strategic development and operational improvements, Nordic Capital
creates value in its investments. The funds invest in companies in
Northern Europe and in selected investment opportunities
internationally. They are based in Jersey, Channel Islands, and are
advised by the NC Advisory companies in Sweden, Denmark, Finland,
Norway, Germany and the UK. Additional information about Nordic
Capital is available through its corporate website, www.nordiccapital.com.
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