Accent Equity acquires logistics business TNÅ
Swedish mid-market buyout house Accent Equity has acquired a majority stake in temperature controlled transportation company Tommy Nordbergh Åkeri (TNÅ).
The GP tapped its most recent fund, Accent Equity 2012, for the equity portion of the buyout.
Accent acquired its new majority shareholding from the founding family's Nordbergh Holding investment vehicle. Following the buyout, founding family member Stefan Nordbergh will retain a minority stake in the company alongside TNÅ's management and board.
The founding family's decision to sell comes as part of its succession planning, the chair of Nordbergh Holding said in a statement.
Company
Founded in 1963, TNÅ is a provider of temperature-controlled goods transportation.
The company operates across Sweden and generated SEK 500m in 2015.
People
Accent Equity Partners – Niklas Sloutski (CEO).
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