Nordic Capital agrees to sell Veonet to Ontario Teachers’ and PAI Partners
December 03 2021
Ontario Teachers’ Pension Plan Board (Ontario Teachers’) and PAI Partners have agreed to acquire Veonet, a leading pan-European network of ophthalmological clinics, from Nordic Capital IX. The financial terms of the transaction were not disclosed. The acquisition is subject to customary regulatory approval.
Veonet is headquartered in Munich, Germany, and operates more than 190 ophthalmological clinics across Germany, the UK, the Netherlands and Switzerland. It treats more than 1.2 million patients every year, cooperating with all health insurance companies and supporting national healthcare service delivery. Veonet is dedicated to ensuring that every patient enjoys a lifetime of healthy vision, contributing to their overall health and wellbeing.
Veonet built a strong foundation with Nordic Capital and looks forward to continuing its journey and creating even better outcomes for its patients and even more opportunities for its employees.
Katarina Janerud, Communications Manager
Nordic Capital Advisors
Tel: +46 8 440 50 50
About Nordic Capital
Nordic Capital is a leading private equity investor with a resolute commitment to creating stronger, sustainable businesses through operational improvement and transformative growth. Nordic Capital focuses on selected regions and sectors where it has deep experience and a long history. Focus sectors are Healthcare, Technology & Payments, Financial Services, and selectively, Industrial & Business Services. Key regions are Europe and globally for Healthcare and Technology & Payments investments. Since inception in 1989, Nordic Capital has invested more than EUR 19 billion in over 120 investments. The most recent entities are Nordic Capital X with EUR 6.1 billion in committed capital and Nordic Capital Evolution with EUR 1.2 billion in committed capital, principally provided by international institutional investors such as pension funds. Nordic Capital Advisors have local offices in Sweden, the UK, the US, Germany, Denmark, Finland, Norway and South Korea. For further information about Nordic Capital, please visit www.nordiccapital.com
“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”.