Nordic Capital

Nordic Capital is a global, sector-specialist private equity firm focused on leveraged buyouts of established companies in Northern Europe and North America.

Founded in 1989, the firm manages about €34 billion ($40 billion) of capital, with offices in Copenhagen, Frankfurt, Helsinki, Jersey, London, Luxembourg, New York, Oslo, Stockholm and Seoul.

Nordic Capital targets buyouts of large-cap and upper mid-market companies across four core industries: Technology & Payments, Healthcare, Financial Services, and Services & Industrial Technology.

In 2023, Nordic Capital was one of the 25 largest private equity firms worldwide according to Private Equity International's PEI 300 ranking, with over $30 billion of capital raised within a 5-year period.

In October 2022, Nordic Capital announced the successful closing of its 11th large-cap buyout fund at its hard cap of €9 billion ($11 billion), exceeding its €8 billion target. The fund was more than 45% larger than its predecessor large-cap fund (Nordic Capital Fund X), which raised €6.1 billion in 2020. The fund closed in nine months amidst some of the most challenging fundraising conditions in private equity history, and was the largest Europe-based private equity fund raised that year.

In December 2024, Nordic Capital announced the first and final close of its second mid-market fund, Evolution II, at its hard cap of €2 billion. The fund closed four months after launch and exceeded its initial target of €1.4 billion. Evolution II is approximately 65% larger than its predecessor, Evolution I, and is focused on mid-market investments in Northern Europe.

As of December 2024, Nordic Capital portfolio companies have generated a 17% annual average EBITDA growth since inception.

In February 2025, Nordic Capital won two awards at the Private Equity Wire Europe Awards 2025.