Announced
Completed
Financials
Tags
Single Bidder
Public
banking services
Private Equity
Cross Border
banking
Banks
Completed
Acquisition
Disposal
Sweden
Minority
Friendly
online banking
Synopsis
Nordic Capital, a private equity firm, completed the disposal of the remaining stake in Nordnet, an online banking firm, for $421m. “Under the private ownership of Nordic Capital and the Öhman Group, Nordnet has grown to become a driving force in the digital savings industry. Nordic Capital has supported us during this journey in a very professional way, with full focus on enhancing the customer experience. I want to thank Nordic Capital for their contribution to Nordnet’s development, and at the same time thank our close to 1.5m customers who trust us with their savings every day. Our promise to the Nordic savers remains the same – to build the best platform for savings and investments," Lars-Åke Norling, Nordnet CEO.
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