Nordic Capital Teams Up with Ontario Teachers' Pension Plan for Max Matthiessen Investment
Deal News | Dec 02, 2024 | White & Case
White & Case LLP, a prominent global law firm, has provided legal advice to Nordic Capital on its joint investment in Max Matthiessen in collaboration with the Ontario Teachers' Pension Plan Board. Nordic Capital, a specialist in sector-focused private equity investments, seeks to enhance its portfolio with this strategic move. Since its founding in 1989, Nordic Capital has conducted significant investments amounting to 26 billion in almost 150 companies. Max Matthiessen, a service provider offering pension, insurance, and wealth management solutions, represents an appealing investment opportunity. This joint venture is anticipated to reach fruition in the first half of 2025, subject to the necessary regulatory approvals. White & Case's London team, spearheaded by partners Ross Allardice and Tom Clarke, along with other key team members, played a crucial role in guiding this transaction.
Sectors
- Private Equity
- Financial Services
- Legal Advisory
Geography
- Sweden – Max Matthiessen is a Swedish company in the financial services sector.
- United Kingdom – The London team of White & Case played a pivotal role in advising on this transaction.
- Canada – Ontario Teachers' Pension Plan Board is based in Canada and is one of the investors in the joint venture.
Industry
- Private Equity – Nordic Capital is a private equity firm engaging in investments, including this joint venture with Ontario Teachers' Pension Plan.
- Financial Services – Max Matthiessen provides services in pension, insurance, and wealth management, classifying it within the financial services industry.
- Legal Advisory – White & Case LLP is a global law firm that provided legal advisory services for this transaction.
Financials
- 26 billion – The total amount invested by Nordic Capital across nearly 150 investments since its inception.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Nordic Capital | Private Equity Firm | Company | A leading sector-specialised private equity investor involved in the joint investment. |
| Ontario Teachers' Pension Plan Board | Co-investor | Company | A major Canadian pension plan serving as a co-investor in the transaction. |
| Max Matthiessen | Target Company | Company | A provider of pension, insurance, and wealth management solutions. |
| White & Case LLP | Legal Advisor | Company | A global law firm advising Nordic Capital on the transaction. |