
Aggregate value drops as Nordic assets look to public markets

Amid mixed growth forecasts for the Nordic economies, private equity firms are battling with stock exchanges for the affection of businesses in search of capital. Mikkel Stern-Peltz reports
For the first time in half a decade of constant growth, the Nordic private equity market registered a drop in average buyout value. The decrease was the most evident change in the market in 2016 and saw average transaction value plummet by 33%.
Despite registering 11 more deals than the year before, 2016 saw total deal value tumble by nearly a quarter – from €16bn to €12.1bn.
Thomas Klitbo, partner at private equity firm IK Investment Partners says he recognises the picture painted by the unquote" data, both from his firm's own investments and in the Nordic market as a whole. "There was a good level of activity last year, particularly in the smaller mid-market brackets," he says. "Generally, there were fewer large transactions in the market and fewer large structured processes as well."
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