Corestar Partners advises Nordic Capital on the acquisition of Samport

Corestar Partners is pleased to announce that it acted as exclusive financial advisor to Nordic Capital Fund VIII (“Nordic Capital”) on the acquisition of Samport Payment Services AB (“Samport”), as a bolt-on acquisition for Euroline AB.
Nordic Capital made this acquisition via its wholly-owned subsidiary Cidron SuperPay AB. Nordic Capital Fond VIII Nordic Capital private equity funds have invested in mid-market companies primarily in the Nordic region since 1989. Through committed ownership and by targeting strategic development and operational improvements, Nordic Capital enables value creation in its investments. Nordic Capital Funds invest in companies in northern Europe and in selected investment opportunities internationally. The most recent fund is Nordic Capital Fund VIII with €3.5 billion in committed capital, principally provided by international institutional investors such as pension funds. Nordic Capital Funds are based in Jersey, Channel Islands, and are advised by the NC Advisory companies in Sweden, Denmark, Finland, Norway, Germany and the UK.
Samport was founded in 2003, and develops and sells card payment solutions and payment terminal products for companies of all sizes. With its high levels of security and its tailor-made, user-friendly technology, the company has become one of the leading suppliers of card payment systems in the Nordic market. Samport has 50 dedicated employees and more than 10,000 customers within the restaurant, taxi, retail, transport, hotel and e-commerce sectors. Samport has offices in Stockholm, Halmstad and Oslo.
Through Nordic Capital, Samport will have access to capital and support for the company’s future development and growth phase. It compliments Nordic Capital’s portfolio company Euroline in terms of product and services offering as well as verticals served.
This transaction demonstrates Corestar Partners’ deep expertise in advising companies in the payment services sector, combining Corestar’s unmatched industry network with its unique industry knowledge.