Nordic Capital to acquire Autocirc from Alder Fund.

Nordic Capital, a private equity fund, agreed to acquire Autocirc, a distributor of sustainable spare parts for cars, from Alder Fund, a Nordic investment fund. Financial terms were not disclosed. "Autocirc is a green pioneer in the automotive aftermarket industry, offering sustainable aftermarket services that significantly reduces emissions and climate impact while providing exceptional value to its customers. We have followed Autocirc for a long time and are very impressed by the founders and the management team who have built a very strong platform with great potential for further expansion in existing and new geographies. Autocirc fits perfectly into Nordic Capital's strategy to build sustainable, first-class companies with great growth potential, and we look forward to supporting Autocirc with expertise, resources and broad external network," Joakim Andreasson, Nordic Capital Managing Director.