OTPP and Nordic Capital completed the acquisition of Max Matthiessen.

Ontario Teachers’ Pension Plan, a global institutional investor, and Nordic Capital, a private equity investor in Northern Europe, completed the acquisition of Max Matthiessen, a financial advisor for pensions, insurance and investments in the Nordics. Financial terms were not disclosed. “We are excited to back Max Matthiessen’s management team. Our joint ambition is to consolidate Max Matthiessen as the leading insurance and financial services company in the Nordics, accelerating its growth both in its current markets and verticals, and through synergistic acquisitions. We will leverage our deep expertise in wealth management and insurance services to help the company expand into new markets and adjacent segments, invest in technology and product development, and further enhance its ambitious sustainability programme. We look forward to partnering with Team Max Matthiessen, who share Ontario Teachers’ passion for helping people achieve financial security over the long term," Iñaki Echave, OTPP Senior Managing Director and Head of EMEA Private Capital.