Deals
Canada’s OTPP to Co-Own Max Matthiessen With Nordic Capital
- The pension fund is buying a co-control stake in the business
- Nordic Capital acquired Max Matthiessen over four years ago
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Ontario Teachers’ Pension Plan agreed to acquire a co-control stake in Stockholm-based financial adviser Max Matthiessen from private equity firm Nordic Capital.
The Canadian pension fund and Nordic Capital will co-own the business, according to a statement seen by Bloomberg News on Wednesday. Nordic Capital acquired Max Matthiessen in 2020 and will re-invest via Nordic Capital XI, following the exit of its initial investment through an earlier fund. Financial terms were not disclosed.