Announced

Bain Capital to acquire a majority stake in Eleda from Altor.

Synopsis

Bain Capital, a private equity firm, agreed to acquire a majority stake in Eleda, an infrastructure development and services provider, from Altor, a private equity firm. Financial terms were not disclosed. “We are excited to welcome Bain Capital to the team as we seek to capture significant market opportunities. We have had a fantastic journey with Altor since 2020, are immensely proud of how successfully Eleda has developed, and now stand ready to take our business to new and exciting heights,” Johan Halvardsson, Eleda CEO and Co-Founder.

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