Altor Equity Partners is a private equity

Private equity

Private equity, in finance, is an asset class consisting of equity securities in operating companies that are not publicly traded on a stock exchange....

 firm focused on leveraged buyout

Leveraged buyout

A leveraged buyout occurs when an investor, typically financial sponsor, acquires a controlling interest in a company's equity and where a significant percentage of the purchase price is financed through leverage...

 and growth capital

Growth capital

Growth capital is a type of private equity investment, most often a minority investment, in relatively mature companies that are looking for capital to expand or restructure operations, enter new markets or finance a significant acquisition without a change of control of the business.Companies...

 investments in Sweden

Sweden

Sweden , officially the Kingdom of Sweden , is a Nordic country on the Scandinavian Peninsula in Northern Europe. Sweden borders with Norway and Finland and is connected to Denmark by a bridge-tunnel across the Öresund....

, Denmark

Denmark

Denmark is a Scandinavian country in Northern Europe. The countries of Denmark and Greenland, as well as the Faroe Islands, constitute the Kingdom of Denmark . It is the southernmost of the Nordic countries, southwest of Sweden and south of Norway, and bordered to the south by Germany. Denmark...

 and Norway

Norway

Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...

.

The firm, which is based in Stockholm, Sweden, was founded in 2003 by a team led by Harald Mix, formerly a partner at Industri Kapital, another Nordic-focused private equity firm.

The firm has raised approximately €3.8 billion since inception across three funds. The firm completed fundraising for its first investment vehicle, the Altor 2003 Fund in May 2003 with €650 million of investor commitments. Altor Fund II was closed in March 2006 €1.2 billion of capital and Altor Fund III closed in August 2008 with €2.0 billion of commitments.

Altor owns a number of notable companies including Helly Hansen

Helly Hansen

Helly Hansen is a high-end producer of textiles and special gear for sports and work on the ocean and in the mountains, headquartered in Oslo, Norway .Today, the brand is recognized for its foul-weather fishing gear and can be seen both on television and...

, Relacom

Relacom

Relacom is a global supplier of network services. The company constructs, install and maintain fixed, mobile and enterprise networks. Relacom’s business concept is to provide field-managed network services at homes, in offices and on networks....

, Navico

Navico

Navico is the world’s largest developer, manufacturer and distributor of marine electronics for the recreational market, supplying over 100 countries around the world. The company was created in March 2006 through the merger of Simrad Yachting and Lowrance Electronics by their common owners, Altor...

, Lowrance Electronics

Lowrance Electronics

Lowrance Electronics is a manufacturer of consumer sonar and GPS receivers, as well as digital mapping systems. Lowrance is headquartered in Tulsa, Oklahoma and employs approximately 1,000 people....

, Dustin AB

Dustin AB

Dustin is a Swedish e-commerce retailer founded in 1984 by Bo Lundevall and his wife Ulla Lundevall in a garage in Farsta, Stockholm. Dustin started off selling coloured floppy disks over mail order and started selling IT and technology products over the Internet in 1995. Today Dustin is Sweden's...

, Simrad Yachting

Simrad Yachting

Simrad Yachting is a manufacturer of marine electronics for the leisure and professional markets. A member of the Navico family of brands, Simrad Yachting develops, manufactures and distributes navigation systems, autopilots, marine VHF radios, chartplotters, echosounders, radars, fishfinders and a...

 and AGR Group.

Notable alumni include Hans-Christian Bodker, senior adviser at Triton Advisers; Jacob Polny, Vice President at TPG Capital; Pontus Pettersson, who became a Principal at KKR for several years, and more recently a Principal at Cinven

Cinven

Cinven is a British private equity firm founded in 1977 with offices in London, Paris, Frankfurt, Milan and Hong Kong. Currently, the company has raised four funds, with the last one signing up €6.5 billion...

; and Martin Grotenfelt, Partner at Intera Equity Partners.

External links

• Altor Equity Partners (company website)