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Announced

Completed

Mandatum Asset Management completed the €15m investment in Nosto.

Financials

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Transaction Value£13m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Friendly

Single Bidder

Minority

Acquisition

Completed

E-commerce

Domestic

Finland

Commerce Experience Platform

Synopsis

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Mandatum Asset Management, an asset management arm of Sampo Group, completed the €15m investment in Nosto, a commerce experience platform. “This investment will help us continue scaling the Nosto Commerce Experience Platform and supporting brands in their growth ambitions. The fundraise represents a shared vision for the opportunities that lay ahead in the ecommerce space for both Nosto and our merchants,” Jim Lofgren, Nosto CEO.

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