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Announced

Telemos Capital to acquire a majority stake in Levantor-backed Permian.

Synopsis

Telemos Capital, a mid-market European private equity investment firm, agreed to acquire a majority stake in Levantor-backed Permian, a Nordic fund administrator. Financial terms were not disclosed. “Telemos is very excited about the opportunity to invest in Permian. The company is a strong fit with our investment strategy given the attractiveness of the market, the quality of the business, the strong management team and the opportunity for further organic and M&A led growth. While some of us at Telemos have experience investing in the attractive Nordic region, Permian represents Telemos’ first Nordic investment, and we are confident that it will be the first of many to come,” Jacob Polny, Telemos Capital CEO and CIO.

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