Private debt investment in the Nordic healthcare industry
Armada Fund V has closed its second investment and provided financing in support of a primary LBO in the healthcare sector together with a Nordic private equity sponsor.
The transaction is a newly formed merger between a Norwegian company and a Swedish company which combined will create the leading Nordic healthcare provider within its niche. The investment serves as a platform for a buy-and-build strategy which will be partly financed by an expansion facility from Armada. The ambition is to offer the best possible examinations, treatments and follow-up controls to the patients with state-of-the-art technology handled by the leading practitioners in the industry.
The parties agreed that no details of the transaction would be disclosed.
“It is an attractive opportunity for us to support this newly formed Group and we have great confidence both in the management, the sponsor deal team and the entrepreneur that will drive the investment strategy. This investment is a good fit to our new fund due to the market leading position in a sector with defensive characteristics and strategic opportunities for expansion”, says Jan Wiklund, joint Managing Partner of Armada.
For more information, please contact:
Jan Wiklund tel. +46 70 551 4054 at Armada, Stockholm branch.