Cederquist represents Nordic Capital Fund VII as deal counsel in its acquisition of the leading providers of consumer financing and profiled insurance solutions for the Swedish retail sector.
A purchase agreement for Nordic Capital’s acquisition of 55% of the shares of Resurs Bank, Solid Försäkringar, Reda Inkasso and Teleresurs (jointly, the “Companies”) was signed on July 13, 2012. The Companies, headquartered in Helsingborg, had pro forma turnover of approximately SEK 2 billion in 2011 and more than 400 employees.
Consummation of the transaction is subject to receipt of regulatory approvals.
The Cederquist team was lead by M&A partner Martin Ulfson, assisted primarily by Pontus Röckert, Rodney Humphreys and Jimmy Gärd (M&A), Wilhelm Lüning, Annika Walin and Elise Avsan (Regulatory) and Mattias Larsson (Finance).