Global law firm White & Case LLP has advised Alder on the sale of its portfolio company Autocirc and its subsidiaries to Nordic Capital.
Headquartered in Borås, Sweden, Autocirc is a Nordic group that offers reused and recycled spare parts to the automotive industry. Founded in 2019, Autocirc has a turnover of SEK 1.2 billion and a presence in Sweden, Norway, Finland and the UK.
Alder is a Nordic investment fund focused on creating good opportunities for sustainable technology companies to accelerate growth and strategic development. Its investments focus on established companies with profitable growth and a turnover of between SEK 100 and 750 million.
Nordic Capital is a private equity investor with a focus on the healthcare, technology and payments, financial services, and selectively, industrial and business services sectors. It has invested over €19 billion since its inception in 1989 and has local advisory offices in Sweden, the UK, the US, Germany, Denmark, Finland, Norway and South Korea.
The White & Case team in Stockholm which advised on the transaction was led by partner Shoan Panahi and included counsel Michael Bark Jones and associates Emma Josberg, Anders Westling, Max Axelsson, Karl Nordlin, Felix Fjellström, Carl Runesson, Filip Westling, Carl Brehmer and Paul Kohlhaas.
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