Nordic Capital wins Nordic Deal of the Year for Permobil
April 11 2014
Nordic Capital has received its second award in the space of a week for its former portfolio company, Permobil. The RealDeals Private Equity Award for Nordic Deal of the Year - presented in London on April 10 - follows the Swedish Private Equity & Venture Capital Association Award, which Nordic Capital received for Exit of the Year a few days previously.
Once again, Permobil, which was exited in 2013 after a seven year holding period, was recognised as the most successful deal last year in the Nordic region. The company was sold to Investor AB after having nearly doubled its sales and transformed into a global market leader during Nordic Capital's ownership.
At the time of the exit, Fredrik Näslund, Partner, NC Advisory AB, advisor to the Nordic Capital stated "I am proud that Nordic Capital has been part of the evolution of Permobil. The strategy of operational improvements by investments in R&D and expansion into new markets, such as the US, led by an excellent management team has propelled Permobil into a global leader".
For further information about Nordic Capital and Permobil please see www.nordiccapital.com.
About Nordic Capital
Nordic Capital private equity funds have invested in mid-market companies primarily in the Nordic region since 1989. Through committed ownership and by targeting strategic development and operational improvements, Nordic Capital enables value creation in its investments. Nordic Capital Funds invest in companies in northern Europe and in selected investment opportunities internationally. The most recent fund is Nordic Capital Fund VIII with EUR 3.5 billion in committed capital, principally provided by international institutional investors such as pension funds. 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.