RiskPoint Group Partners With Nordic Capital As Minority Investor to Support Continued Growth Journey
It is with great pleasure we announce that Nordic Capital and RiskPoint Group have entered an agreement for Nordic Capital to acquire a minority interest in RiskPoint Group (subject to regulatory approvals). Nordic Capital’s investment in RiskPoint Group will help accelerate our global growth ambitions and support us in achieving our long-term strategy.
As an experienced Financial Services investor with deep understanding of the sector and an ability to accelerate organic and acquisitive growth, Nordic Capital will support RiskPoint’s continued growth journey in close partnership with the management team.
The ability to enable the execution of strategic long-term goals while retaining Riskpoint Group’s independence and partnership-controlled business model, were paramount to RiskPoint when finding the right investor. Likewise, the alignment of values and culture were key drivers in the decision-making process.
This partnership is a great fit for the RiskPoint Group, with a high degree of alignment across the board and a common goal to continue to build our value proposition of being the Underwriter of Choice for carriers, clients and brokers:
The Group has enjoyed successful and profitable growth in European markets and the U.S., focusing on providing leading underwriting, claims and operational capabilities. RiskPoint Group has built a unique global team with a strong commercial mindset:
“RiskPoint Group provides a unique business model and a strong value proposition to selected markets globally. We are impressed by the team’s ability to grow and diversify the Group in recent years and expand into strategically important new markets. Furthermore, Nordic Capital has a strong alignment with RiskPoint’s business philosophy and strategy and is very pleased to be partnering with RiskPoint to support the continued growth and its vision of being the Underwriter of Choice,” says Christopher Ekdahl, Managing Director, Nordic Capital Advisor.
Nordic M&A acted as financial advisor to RiskPoint Group and TigerRisk Capital Markets & Advisory acted as financial advisor to Nordic Capital. The terms of the transaction are not disclosed. The transaction is subject to customary regulatory approvals.
The investment in RiskPoint will be made by Nordic Capital. RiskPoint’s founders and partner group will remain majority owners.
About Nordic Capital
Nordic Capital is a leading private equity investor with a resolute commitment to creating stronger, sustainable businesses through operational improvement and transformative growth. Nordic Capital focuses on selected regions and sectors where it has deep experience and a long history. Focus sectors are Healthcare, Technology & Payments, Financial Services, and selectively, Industrial & Business Services. Key regions are Europe and globally for Healthcare and Technology & Payments investments. Since inception in 1989, Nordic Capital has invested more than EUR 20 billion in over 125 investments. The committed capital is principally provided by international institutional investors such as pension funds. Nordic Capital Advisors have local offices in Sweden, the UK, the US, Germany, Denmark, Finland, Norway and South Korea. For further information about Nordic Capital, please visit www.nordiccapital.com.
“Nordic Capital” refers to, depending on the context, any, or all, Nordic Capital branded entities, vehicles, structures and associated entities. The general partners and/or delegated portfolio managers of Nordic Capital’s entities and vehicles are advised by several non-discretionary sub-advisory entities, any or all of which are referred to as “Nordic Capital Advisors”
About RiskPoint Group
RiskPoint Group is a global Managing General Underwriter (MGU) providing best in class insurance solutions to businesses and their advisors. RiskPoint operates globally with locations in 13 countries across Europe, the U.S and Asia and have more than 200 employees. Our specialist and seasoned underwriters have in depth industry and product knowledge whilst our professional claims team provide a unique and pro-active approach to assisting our clients when claims occurs.
Together we offer a wide range of insurance solutions within the areas of Mergers & Acquisitions, Renewable Energy, Liabilities including Financial Lines and Cyber, Off-Shore Upstream, Property & Construction and Accident & Health. The RiskPoint core values are: trust, openness and honesty, respect and tolerance, drive and dedication as well as being part of a winning team in a competitive environment.