
Nordic Capital acquires Macrobond
Nordic Capital has acquired MalmУЖ-based Macrobond, a provider of research systems and macroeconomic and financial time-series data.
Nordic Capital typically invests in medium-sized companies with an enterprise value between SEK 1-3bn, and Macrobond fits in this range, Unquote understands.
This acquisition is the fifth investment by the GP's latest fund, Nordic Capital IX. The company's management team and founders are reinvesting alongside Nordic Capital.
With the private equity house on board as a new owner, Macrobond plans to invest in its growth strategy globally.
Company
Founded in 2008 and headquartered in Malmö, Sweden, Macrobond provides research systems and macroeconomic and financial time-series data from primary and third-party sources. Its customers include central banks, investment banks, hedge funds, corporates, asset managers and universities.
The company employs 156 staff, of whom 90 are employed in data acquisition and development teams. It has offices in Europe, Asia, and the US.
Macrobond reported revenues of SEK 155m over the past 12 months and has a growth rate of around 30%.
People
Macrobond – Tomas Liljeborg (CEO).
Nordic Capital – Fredrik Näslund (partner).
Advisers
Equity – KPMG (financial due diligence); Arma Partners (M&A).
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