Nordic Capital awarded Private Equity Fund of the Year in Denmark
September 20 2012
Nordic Capital was awarded Private Equity Fund of the Year in Denmark, by the Danish Venture Capital and Private Equity Association, on September 19.
The award was based on Nordic Capital Fund V's sale of Falck in 2011. The jury's motivation read:
"Falck is a stellar example of a company's development under private equity-ownership. The investment resulted in very impressive returns. Even more impressively however was the fact that the vast majority of value creation, nearly 70 per cent, came from what we call active ownership, far beyond the European average. Falck's strong international growth has been supported by several add-on acquisitions and Falck is a good example of how companies can successfully export the Danish welfare model. An important factor in the jury's decision was the fact that 3F appointed Falck as Denmark's best workplace in 2008, i.e. during Nordic Capital Fund V's ownership. This is an important signal that being owned by a private equity fund does not preclude employee satisfaction or cooperating with employee representatives."
"This is the second time Nordic Capital has been awarded Private Equity Fund of the Year in Denmark, which is a strong testimony to Nordic Capital's abilities as an owner and as a leading private equity firm. We are of course very proud that Nordic Capital has been able to contribute to Falck's strong development of becoming a global recognized services company within ambulance, fire safety training and healthcare services - from a predominate Danish services company when Nordic Capital acquired Falck back in 2004", says Lars Terney, Partner of NC Advisory A/S, advisor to the Nordic Capital Funds.
For further information about the Falck exit and other recent deals made by Nordic Capital, please see www.nordiccapital.com
About Nordic Capital
Since the start in 1989, Nordic Capital Private Equity Funds have invested in large and medium sized companies, primarily in the Nordic region. Nordic Capital creates value in its investments, through committed ownership and by targeting strategic development and operational improvements. The funds invest in companies in Northern Europe and in selected investment opportunities internationally. The most recent fund is Nordic Capital Fund VII with EUR 4.3 billion in committed capital, principally provided by international institutional investors, such as pension funds, asset managers and insurance companies. Nordic Capital Funds 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 at www.nordiccapital.com.