Nordic Capital to acquire Ascot Lloyd

Nordic Capital Acquires Majority Stake in Foxway

June 19, 2023

IT Services

Nordic Capital has signed an agreement to acquire a majority share in Foxway from Norvestor VII and other owners, with completion expected in Q3 2023 subject to customary closing conditions. Nordic Capital will partner with Foxway management and alongside Norvestor to support continued growth, international expansion and Foxway’s focus on circular IT services; Foxway is a Sweden‑headquartered provider of device refurbishment, asset recovery and lifecycle services with over 1,000 employees and SEK ~7.6bn in revenue (2022).

CVC, Nordic Capital and ADIA Complete Acquisition of Hargreaves Lansdown

March 25, 2025

Financial Services

A consortium led by CVC and Nordic Capital, with Platinum Ivy (a wholly-owned subsidiary of ADIA), has completed the acquisition of Hargreaves Lansdown and the company has been delisted from the London Stock Exchange. The consortium said it will partner with management to accelerate Hargreaves Lansdown’s transformation plan, investing in technology, digital channels and service enhancements to improve the client proposition and drive growth in the UK wealth market.

DEAS Group Acquires Aberdeen Standard Investments' Nordic Real Estate Business

May 31, 2021

Real Estate

DEAS Group, via its DEAS Asset Management A/S subsidiary, has completed the acquisition of the Nordic real estate business of Aberdeen Standard Investments (ASI), taking over management of a 131-property portfolio across Sweden, Norway, Finland and Denmark. The deal brings approximately €2.5bn AUM of direct properties and €1.8bn of Nordic assets under management to DEAS and establishes local teams across the Nordic region to serve investors.

Nordic Capital Acquires CARE Fertility from Silverfleet Capital

January 31, 2022

Healthcare Services

Nordic Capital has agreed to acquire CARE Fertility, a leading UK fertility clinic group headquartered in Nottingham, from Silverfleet Capital; completion was expected in February 2022 and financial terms were not disclosed. CARE operates 24 clinics across the UK and Ireland with around 560 employees (including over 160 embryologists and doctors); Nordic Capital will partner with management to drive international expansion, clinical innovation and digital capabilities.

Osaic Acquires Lincoln Wealth (Lincoln Financial Advisors & Lincoln Financial Securities)

May 6, 2024

Wealth Management

Osaic, a portfolio company of Reverence Capital Partners, has completed the acquisition of Lincoln Wealth — Lincoln Financial Advisors Corporation and Lincoln Financial Securities Corporation — from Lincoln National Corporation / Lincoln Financial Group. The deal transfers roughly 1,400–1,450 financial professionals and about $115 billion in assets under management to Osaic and was reported to provide Lincoln with approximately $650 million of capital benefit.

Atlas Merchant Capital-Led Group Acquires ~25% Stake in Ascensus

February 19, 2019

Financial Services

A group of new investors led by Atlas Merchant Capital LLC, including GIC, will acquire just under 25% of Ascensus from existing owners Genstar Capital and Aquiline Capital Partners. The minority investment is a growth-capital/secondary transaction to support Ascensus' continued growth and provide liquidity to existing sponsors; terms were not disclosed and the deal was expected to close in Q1 2019.