Announced
Financials
Tags
Management Consulting
Pending
Private
Private Equity
advisory services
insurance advice
Acquisition
Single Bidder
Sweden
financial advisory
Majority
Friendly
Synopsis
Private equity firm Nordic Capital agreed to acquire Max Matthiessen, an advisor and broker within insurance, benefits, HR and savings in the Nordic region, from Willis Towers Watson, an Irish-domiciled global multinational risk management, insurance brokerage and advisory company. Financial terms were not disclosed. "Max Matthiessen has a high-quality, talented team and is one of the leaders in the Nordic region. The company fits perfectly within Nordic Capital's sector focus and strategy for Financial Services. Nordic Capital is excited to partner with Max Matthiessen to support the company's growth journey. Going forward, the joint focus will be on scaling Max Matthiessen's operations and investing in organic as well as acquisitive growth. Together with the Company, Nordic Capital will support continued product innovation to the benefit of the customers and pension savers," Christian Frick, Nordic Capital Partner.
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