Nordic Capital

Leadership Evolution: Zafin Announces Strategic CEO Transition to Propel Future Growth

Retrieved on: 
Wednesday, April 24, 2024
Nordic Capital, Software as a service, Development, Culture, Growth, Management

After more than two decades of exemplary leadership, Al Karim Somji will step down as Chief Executive Officer of Zafin.

Key Points: 
  • After more than two decades of exemplary leadership, Al Karim Somji will step down as Chief Executive Officer of Zafin.
  • Under his stewardship, Zafin has experienced significant growth and success, reinforcing its status as a leader in global banking technology.
  • As an active board member and substantial owner, Al Karim will provide essential insight and guidance to ensure a smooth leadership transition.
  • Charbel Safadi, who has served as Group President of Zafin, will succeed Al Karim as the new Chief Executive Officer, effective immediately.

Nordic Capital to invest in leading digital insurance payments network One Inc to drive continued growth and product innovation

Retrieved on: 
Thursday, March 14, 2024
EUR, J. P. Morgan, Growth, Partnership, IA Financial Group, Capital, MAPFRE, Custom House, Insurance, Great Hill, Investment, Nordic Capital, NMI, Kirkland & Ellis, Ecosystem, Wawanesa Insurance, USD, Inc.

FOLSOM, Calif, March 14, 2024 /PRNewswire/ -- Nordic Capital, one of the most active and experienced investors in Technology & Payments globally, today announced that it will join Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, as an investor in One Inc (the "Company"), a digital payments platform specializing in modernizing the insurance industry in North America. Great Hill Partners invested in One Inc in 2020 and will retain an equal stake to Nordic Capital alongside a significant continuing investment from the Company's current management team.

Key Points: 
  • One Inc Digital Payments Platform is designed to integrate with modern and legacy insurance core systems, engaging policyholders through the channels they use most while securely processing payments through those same channels.
  • One Inc proudly serves over 240 customers in the insurance industry, including Amica Insurance, MAPFRE, SageSure, Tower Hill Insurance, Wawanesa Insurance, and others.
  • The insurance industry faces a landscape defined by digital transformation, economic shifts, and environmental disruption, prompting it to innovate and optimize.
  • One Inc's payment network is well-positioned to accelerate and drive transformation, currently demonstrating over 65% year-over-year revenue growth.

Nordic Capital to invest in leading digital insurance payments network One Inc to drive continued growth and product innovation

Retrieved on: 
Thursday, March 14, 2024
EUR, J. P. Morgan, Growth, Partnership, IA Financial Group, Capital, MAPFRE, Custom House, Insurance, Great Hill, Investment, Nordic Capital, NMI, Kirkland & Ellis, Ecosystem, Wawanesa Insurance, USD, Inc.

FOLSOM, Calif, March 14, 2024 /PRNewswire/ -- Nordic Capital, one of the most active and experienced investors in Technology & Payments globally, today announced that it will join Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, as an investor in One Inc (the "Company"), a digital payments platform specializing in modernizing the insurance industry in North America. Great Hill Partners invested in One Inc in 2020 and will retain an equal stake to Nordic Capital alongside a significant continuing investment from the Company's current management team.

Key Points: 
  • One Inc Digital Payments Platform is designed to integrate with modern and legacy insurance core systems, engaging policyholders through the channels they use most while securely processing payments through those same channels.
  • One Inc proudly serves over 240 customers in the insurance industry, including Amica Insurance, MAPFRE, SageSure, Tower Hill Insurance, Wawanesa Insurance, and others.
  • The insurance industry faces a landscape defined by digital transformation, economic shifts, and environmental disruption, prompting it to innovate and optimize.
  • One Inc's payment network is well-positioned to accelerate and drive transformation, currently demonstrating over 65% year-over-year revenue growth.

Nordic Capital acquires Zafin, a leading provider of SaaS Core Modernization and Transformation solutions

Retrieved on: 
Monday, February 12, 2024
Truist, Goldman Sachs, Investment, Growth, Wells Fargo, ANZ, EUR, Software as a service, U.S. Bancorp, CIBC, Nordic Capital, PNC, ING, HSBC, Partnership, Cryptocurrency

The investment is made in close partnership with Zafin's founders and management, who will reinvest in the company alongside Nordic Capital.

Key Points: 
  • The investment is made in close partnership with Zafin's founders and management, who will reinvest in the company alongside Nordic Capital.
  • Zafin is recognized as an industry leader for its innovative approach to bank core modernization.
  • Zafin's core SaaS platform extracts product and pricing from multiple core systems, enabling users to work collaboratively to design and manage relationship pricing, products, and packages, including personalized propositions.
  • We have been powering the modernization and transformation of banks and future-proofing their banking technology investments for years.

Nordic Capital acquires Zafin, a leading provider of SaaS Core Modernization and Transformation solutions

Retrieved on: 
Monday, February 12, 2024
Truist, Goldman Sachs, Investment, Growth, Wells Fargo, ANZ, EUR, Software as a service, U.S. Bancorp, CIBC, Nordic Capital, PNC, ING, HSBC, Partnership, Cryptocurrency

The investment is made in close partnership with Zafin's founders and management, who will reinvest in the company alongside Nordic Capital.

Key Points: 
  • The investment is made in close partnership with Zafin's founders and management, who will reinvest in the company alongside Nordic Capital.
  • Zafin is recognized as an industry leader for its innovative approach to bank core modernization.
  • Zafin's core SaaS platform extracts product and pricing from multiple core systems, enabling users to work collaboratively to design and manage relationship pricing, products, and packages, including personalized propositions.
  • We have been powering the modernization and transformation of banks and future-proofing their banking technology investments for years.

IntegriChain Announces Close of Nordic Capital Majority Investment

Retrieved on: 
Tuesday, December 19, 2023
Entrepreneurship, Investment, Nordic Capital, Accel-KKR

PHILADELPHIA, Dec. 19, 2023 /PRNewswire/ -- IntegriChain today announced the close of an investment agreement whereby Nordic Capital has acquired the majority stake in IntegriChain. IntegriChain's integrated ICyte Platform helps pharma manufacturers connect the commercial, financial, and operational dimensions of drug commercialization, access, and profitability. Nordic Capital, a leading sector-specialized private equity investor with a broad portfolio in Healthcare and Pharma, acquired the majority stake from Accel-KKR, a global software private equity firm, which first invested in IntegriChain in 2016.

Key Points: 
  • PHILADELPHIA, Dec. 19, 2023 /PRNewswire/ -- IntegriChain today announced the close of an investment agreement whereby Nordic Capital has acquired the majority stake in IntegriChain.
  • IntegriChain's integrated ICyte Platform helps pharma manufacturers connect the commercial, financial, and operational dimensions of drug commercialization, access, and profitability.
  • Nordic Capital, a leading sector-specialized private equity investor with a broad portfolio in Healthcare and Pharma, acquired the majority stake from Accel-KKR, a global software private equity firm, which first invested in IntegriChain in 2016.
  • Nordic Capital has unique experience at the crossroads of Pharma, healthcare technology, and payments technology.

Nordic Capital acquires majority share in IntegriChain, the only fully integrated platform for pharma commercialization and market access

Retrieved on: 
Wednesday, November 8, 2023
Science, Accel-KKR, Entrepreneurship, Growth, Partnership, Patient, Pharma, Fine chemical, Pharmaceutical industry, Financial adviser, Nordic Capital, Health care

IntegriChain delivers pharma's only fully integrated platform for commercialization and market access, helping manufacturers bring their science to market while ensuring patients have affordable, timely, and sustainable access to therapy.

Key Points: 
  • IntegriChain delivers pharma's only fully integrated platform for commercialization and market access, helping manufacturers bring their science to market while ensuring patients have affordable, timely, and sustainable access to therapy.
  • Nordic Capital is acquiring the majority stake from Accel-KKR, a global software private equity firm, which first invested in IntegriChain in 2016.
  • IntegriChain's integrated ICyte Platform helps connect the commercial, financial, and operational dimensions of drug access and profitability.
  • Josh Halpern, Co-Founder and CEO of IntegriChain, said: "We're pleased to have Nordic Capital as a new partner to support us on our journey.

Nordic Capital acquires majority share in IntegriChain, the only fully integrated platform for pharma commercialization and market access

Retrieved on: 
Wednesday, November 8, 2023
Science, Accel-KKR, Entrepreneurship, Growth, Partnership, Patient, Pharma, Fine chemical, Pharmaceutical industry, Financial adviser, Nordic Capital, Health care

IntegriChain delivers pharma's only fully integrated platform for commercialization and market access, helping manufacturers bring their science to market while ensuring patients have affordable, timely, and sustainable access to therapy.

Key Points: 
  • IntegriChain delivers pharma's only fully integrated platform for commercialization and market access, helping manufacturers bring their science to market while ensuring patients have affordable, timely, and sustainable access to therapy.
  • Nordic Capital is acquiring the majority stake from Accel-KKR, a global software private equity firm, which first invested in IntegriChain in 2016.
  • IntegriChain's integrated ICyte Platform helps connect the commercial, financial, and operational dimensions of drug access and profitability.
  • Josh Halpern, Co-Founder and CEO of IntegriChain, said: "We're pleased to have Nordic Capital as a new partner to support us on our journey.

LEO Pharma delivers solid first half-year results and strengthens its capital structure

Retrieved on: 
Tuesday, September 12, 2023
Health, Pharmaceutical, Danske Bank, Business development, Partnership, Drum and bass, Jyske Bank, Leo Pharma, DKK, Nordic Capital, LEO, CFO, Growth, Fine chemical, Pharmaceutical industry, Bank, Nykredit, Nordea

As a result of the solid first half year results, LEO Pharma is now upwards revising its outlook for 2023.

Key Points: 
  • As a result of the solid first half year results, LEO Pharma is now upwards revising its outlook for 2023.
  • Today, LEO Pharma also announced a new capital structure that enables the company to pursue value accretive Business Development and M&A opportunities supporting continued long-term growth.
  • The LEO Foundation has taken the opportunity to simplify and further strengthen the capital structure by converting its existing shareholder loans into equity in LEO Pharma.
  • Together with our owners and relationship banks, we have now secured a capital structure that supports the future growth both organically and through acquisitions.”
    Peter Haahr, CEO of the LEO Foundation said:
    “The solid half-year results and strengthened capital structure represent an important milestone in LEO Pharma’s transformation.

Francisco Partners Acquires Macrobond from Nordic Capital; Focuses on Growing its Global Presence

Retrieved on: 
Monday, July 10, 2023
Technology, Professional Services, Other Technology, Finance, Moelis & Company, Partner, Multimedia, White & Case, Organization, Acquisition, PWC, Francisco Partners, Growth, White, Cryptocurrency, Nordic Capital

Macrobond partnered with Nordic Capital in 2018 and has experienced significant growth since, with its 230 employees operating from offices in Europe, Asia, and the United States.

Key Points: 
  • Macrobond partnered with Nordic Capital in 2018 and has experienced significant growth since, with its 230 employees operating from offices in Europe, Asia, and the United States.
  • “We’re delighted to have been on this journey with Macrobond and are proud of their tireless devotion during this period.
  • Moelis & Company served as financial advisor and Paul Hastings served as legal advisor to Francisco Partners.
  • Arma Partners, PWC and White & Case acted as advisors to Nordic Capital and Macrobond.