Altor to acquire iDeal of Sweden.

Altor, private equity company has agreed to acquire a majority share iDeal of Sweden, in the fast-growing Swedish consumer brand. Financial terms were not disclosed. “Altor actively seeks partnerships with outstanding founders, which is something we have found in Joachim and Filip. We have had great experiences in the past of working with successful founders of businesses and supporting them on rapid growth journeys, including international expansion. We look forward to contributing with our experiences of online business models, global expansion of brands and the scaling of business models.” Stefan Linder, Altor Partner.