January 2015
acquired
SEK 2.2 billion
Financial advisor to Nordic Capital

Deal Team

Nordic Capital:

Fredrik Näslund
Daniel Berglund
Johan Tjärnberg

Euroline:

Johan Ryer

Corestar Partners:

Milan Bartik
Clemens Hisch

Transaction Summary

  • On January 2015, Nordic Capital Fund VIII (“Nordic Capital”) closed the acquisition of Euroline AB (“Euroline”)
  • Euroline is a well-established provider of card acquiring solutions in Scandinavia with a strong market position in eCommerce and Nordic Retail
  • Nordic Capital private equity funds have invested in mid-market companies primarily in the Nordic region since 1989

Overview of Euroline

  • Euroline has built a sophisticated portfolio of services that include simplification of payment processes, multi-currency support and risk management support
  • The company offers businesses a simple and secure infrastructure for card transactions both online and in stores
  • Euroline provides card acquiring services to SEB’s corporate customers, corresponding to volumes of approximately SEK 100 billion and over 200 million transactions per year
  • It is based in Stockholm, Sweden, and has approximately 50 employees

Corestar Partners’ Role

  • Corestar Partners acted as exclusive financial advisor to Nordic Capital on the acquisition of Euroline, contributing with in-depth knowledge of the Nordic acquiring market, the company’s competitive position as well as valuable process insights
  • Corestar Partners has been in close dialogue with Nordic Capital over the last years