Nordic Capital to acquire BearingPoint's regulatory technology business unit.

Nordic Capital, a private equity fund focused on investments primarily in the Nordic region, agreed to acquire BearingPoint's regulatory technology business unit, a provider of software solutions for regulatory reporting. Financial terms were not disclosed. “The RegTech business unit will benefit from the increasing regulatory requirements around the world. As an independent firm, supported by a strong owner as Nordic Capital, it will have the necessary agility and flexibility to make the best possible use of these opportunities. I am personally looking forward to going on that journey together with Nordic Capital and RegTech”, Patrick Palmgren, BearingPoint Global Head.