Altor Equity Partners

Last week the legal and compliance team at Altor, Filip Lodding Bondy, Birgitta Wallgren, Andrea Norman, Sara Murad, Lisa Emanuelsson and Michaela Andersson, gathered legal and compliance professionals from our portfolio companies to share winning ways of working and where we wish to grow.    This was a fantastic opportunity for us to learn from the experts in our community and deep dive into some of our shared policies. We also got to learn from some cases in the portfolio, thank you Carnegie Investment Bank, Trioworld and VTU Group for sharing.    We had a fantastic day with lots of learning, discussions about value creation and most importantly - meeting the brilliant minds in our community. Thank you for joining us!

What are the Best Sectors for Private Equity Deals in 2024? Jens Browaldh, Partner at Altor will join Private Equity Insights Summit in Stockholm this week to share his reflections on the current sentiment for private equity investments. Jens will join a panel with learnings and perspectives from Deidre Sorensen, Erik Bäckström, Johan Pernvi and Ali Al Alaf. We look forward to seeing you there! More about the event: https://lnkd.in/ek2bRyZP

Isabella Eichler, Director at Altor is joining Financial Times Energy Transition Summit this week. The panel will discuss the role of private capital to drive a decarbonized economy, all while delivering satisfactory financial returns. And discuss the challenges and opportunities private capital investors have on the ecosystem financing the transition to net zero. We look forward to learning together with Fackler Matthias at EQT Group, Elisabeth Brinton at LongReach Capital, Alex Brierley at Octopus Energy Generation and moderator Pilita Clark.    At Altor we have been supporting companies through industrial transformations for 20 years. This industrial heritage makes us the natural partner to support companies through the green transition. Getting to net-zero is not a bet on new technology. The technology solutions are already here. What is needed is scaling of these technologies to industrial level where they can effectively compete with the brown alternatives. This will require more private capital and a lot more active ownership than has been available to date.   Learn more about the event here: https://lnkd.in/dcNsb_q9

We are excited to announce that we have entered into an agreement to divest Carnegie Investment Bank a leading investment bank and asset manager in the Nordics, to DNB. In 2009, we acquired Carnegie with the strategic objective to build the leading investment bank and asset manager in the Nordic region. “We have always shared the entrepreneurial spirit and client-focused approach with Harald and the team at Altor. Together we have built Carnegie into a strong, well-diversified and future-proof company, and we are thrilled to enter into this new chapter with DNB, a partner that we think is a perfect fit both culturally and from a business perspective” said Tony Elofsson, CEO at Carnegie. “Carnegie is a company close to heart for us at Altor; we have been part of this journey for so many years and celebrated countless milestones together. It is with great pride that I reflect on the talent and motivation that drives the team at Carnegie, and I want to thank all the people that have contributed to the success over the years. Back in 2009, we invested in a challenger, and over the years they have grown into a true market leader.” said Harald Mix, Partner at Altor and Board member at Carnegie. Fantastic work by Harald Mix, Gustav Alenmyr (f.d. Axelson) and the team over the years. ⭐️ Read the full Press Release: https://lnkd.in/dXKGXPUp

In this piece, Harald Mix, Partner at Altor shares his views on importance of the green transition and securing Sweden's competitiveness with the example of one of our portfolio companies Stegra. Stegra is a change-maker with the ambition to accelerate the decarbonization of hard-to-abate industries, they are starting with one of the world’s largest carbon dioxide emitters - steel. The transition to net-zero will transform European industries over the next decade. The technologies to achieve this are already available but need scaling through private capital and active ownership. Through our green ecosystem we aim to significantly contribute to the decarbonization of Europe. We are proud of what we have accomplished to date, but we are just getting started. https://lnkd.in/dtbzZsTC

Today is an exciting day for Gunnebo Safe Storage as they announce the news of their full acquisition of Primat group, a company with over a century of expertise in manufacturing and selling high-quality security products in over 25 countries. Stefan Syrén, CEO at Gunnebo Group commented on the fantastic news. “Gunnebo Safe Storage’s investment in the Primat Group and its expert team manifests our dedication to innovation, growth, and delivering customer value. The plan is for us to continue supporting this great work and further develop existing routes to market as well as discover new opportunities for safe storage. We are looking forward to presenting our new proposition to our customers, new and existing, to support them in our aim to create a safer world together.” Well done and congratulations from the full Altor team; Bengt Maunsbach, Jens Browaldh, Jakob Hougaard Hentze and Marit Annink ⭐

We are thrilled to announce the closing of our investment in F24 AG. F24 is the leading SaaS provider for crisis management and business resilience software in Europe. “We are excited to join forces with co-founder Christian Goetz, Dr. Joerg Rahmer and the management team at F24. F24 is a pioneer in building organizational resilience in the face of an increasingly volatile world. Their commitment to delivering high-quality solutions has earned them a stellar reputation across Europe and a loyal customer base. Together with Hg we look forward to accelerating F24’ growth and expansion into new markets” said Hajo Kroesche, Partner at Altor.

Thank you Realdania for having us! Thomas Palm Westermann, Director at Altor joined Realdania’s Investor Day to talk about the need for low carbon materials in the industrial sector. We were excited to talk about an example from our portfolio - Stegra. Steel is one of the world’s largest carbon dioxide emitters, Stegra is building a fully integrated, digitalized, and circular plant to produce green steel in Boden, Sweden.   We also enjoyed listening to other examples and perspectives from Kirsten Lynge at Søuld, Greg Richards, CFA at Generate, Thomas Nygaard Hamann at a:gain [again], and the team at Realdania Kenneth Lillelund Winther and Casper Simonsen.

We are thrilled to welcome the iconic hockey brand CCM Hockey to our portfolio!   “As we celebrate our 125th anniversary, we are entering an era where we will truly benefit from Altor’s long experience of backing renowned sporting and consumer brands and helping to unlock new growth opportunities. I am excited to join this partnership with Altor and reach the next levels on our growth journey together.” Marrouane Nabih CEO at CCM Hockey   “CCM is a fantastic company with an iconic brand and impressive history. We understand why sport lovers have turned to CCM for quality equipment for over a century. We are impressed by the durability and innovation that continues to keep the performance of their products at the forefront. We are excited to partner with the management team and accelerate the growth journey for CCM. Together we will continue the tradition of making sure that all players and goalies are represented in the best possible way in the sport they love.” says Andreas Källström Säfweräng, Partner at Altor CCM is a global hockey brand with a rich history of equipping the best hockey players in the world for over a century. CCM has a presence in more than 40 countries and is represented by many NHL and PWHL superstars such as Auston Matthews, Sidney Crosby, Connor McDavid, Thatcher Demko and Sarah Nurse. Read the Press Release here: https://lnkd.in/d4ixwCAy

Join us at Mergermarket’s M&A forum in Switzerland. Giovanna Maag, Partner at Altor will join a panel about the ever-changing dynamics of private equity in the DACH region.    What are the strategies of PE funds to deploy dry powder and ride out an uncertain market? What are the most relevant value creation themes at the moment, and what sectors are the most attractive? We look forward to joining the discussion with Rachel Lewis at Mergermarket, Dr. Christian Waldvogel at Renaissance Management and Ralf Flore at Ufenau Capital Partners AG.