Altor Equity Partners is a

private equity In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a typ ...

firm focused on

leveraged buyout A leveraged buyout (LBO) is one company's acquisition of another company using a significant amount of borrowed money ( leverage) to meet the cost of acquisition. The assets of the company being acquired are often used as collateral for the loa ...

and

growth capital Growth capital (also called expansion capital and growth equity) is a type of private equity investment, usually a minority investment, in relatively mature companies that are looking for capital to expand or restructure operations, enter new mar ...

investments in Sweden,

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Finland Finland ( fi, Suomi ; sv, Finland ), officially the Republic of Finland (; ), is a Nordic country in Northern Europe. It shares land borders with Sweden to the northwest, Norway to the north, and Russia to the east, with the Gulf of Bo ...

Norway Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of Jan Mayen and t ...

and

the DACH region ''The'' () is a grammatical article in English, denoting persons or things that are already or about to be mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in ...

History

The firm, which is based in

Stockholm, Sweden Stockholm () is the capital and most populous city of Sweden as well as the largest urban area in the Nordic countries. Approximately 1 million people live in the municipality, with 1.6 million in the urban area, and 2.4 millio ...

, was founded in 2003 by a team led by , formerly a partner at

Industri Kapital IK Partners (“IK”) is a European private equity firm focused on investments in the Benelux, DACH, France, Nordics and the UK. The firm is led Christopher Masek who has been the CEO since 2015. History IK Partners was founded under the nam ...

, another Nordic-focused private equity firm. As of 2015, the firm has raised approximately €6.2 billion since inception across three funds. The firm completed fundraising for its first investment vehicle, the Altor 2003 Fund in May 2003 with €650 million of investor commitments. Altor Fund II was closed in March 2006 €1.2 billion of capital and Altor Fund III closed in August 2008 with €2.0 billion of commitments. Altor closed its fourth fund in July 2014, also with €2 billion in commitments. Altor closed its most recent fifth fund in 2019, with €2.5 billion in commitments.

Notable Investments

In 2006, Altor purchased Norwegian outdoor clothing retailer Helly Hansen from Investcorp for an undisclosed amount. In 2012 the firm sold 75 percent of the company to the Ontario Teachers’ Pension Plan for about $326 million, reportedly 4 times what they paid for it. The firm bought the French ski manufacturer Skis Rossignol from a group led by

Macquarie Macquarie may refer to: People * Lachlan Macquarie, Governor of the British colony of New South Wales from 1810 to 1821. * Elizabeth Macquarie Campbell, Lachlan Macquarie's second wife Locations * Division of Macquarie, an electoral district in th ...

in July 2013 for an undisclosed amount. In August 2021, Altor acquired a majority stake in Swedish video game publisher Raw Fury for an undisclosed price.

References

Other sources

External links

Altor Equity Partners company website
Private equity firms of Sweden Financial services companies established in 2003 2003 establishments in Sweden Companies established in 2003 Financial services companies of Sweden {{Private-equity-company-stub