**Nordic Capital's 2024 Achievements and Strategic Focus**

In 2024, Nordic Capital celebrated a year of notable accomplishments, including ten platform acquisitions and four exits. Despite global uncertainties and geopolitical challenges, the firm demonstrated its innovative approach and deep expertise in various sub-sectors, helping its portfolio companies navigate these turbulent times and enhance their resilience.

A significant milestone was the closing of Nordic Capital’s second mid-market fund, Evolution II, in December 2024, which reached its hard cap of EUR 2 billion within just four months. This rapid closing reflects strong investor confidence in Nordic Capital’s strategic direction and its ability to foster sustainable businesses poised for market leadership.

Nordic Capital employs a selective investment strategy focused on specific sub-sectors such as Healthcare, Technology & Payments, Financial Services, and Services & Industrial Tech. Since its inception in 1989, the firm has invested EUR 26 billion across nearly 150 transactions. By concentrating on thematic priorities, Nordic Capital has built a robust pipeline of investment opportunities, adding operational value to its portfolio companies and successfully navigating recent market volatility.

The firm’s selective approach allows it to avoid dependence on external economic factors. Nordic Capital targets companies with potential for growth acceleration, operational improvement, and strategic repositioning, ensuring that its investments are resilient and positioned for success.

In 2024, Nordic Capital reinforced its expertise by fostering close partnerships with founders, management teams, and co-owners of its portfolio companies. This collaborative environment, supported by experienced professionals and a network of advisors, creates a strong community focused on growth and development. The successful divestments of Sunrise Medical and Unisport exemplify this strategy, as both companies are now well-prepared for future challenges after years of sustainable growth and investment.

Nordic Capital is committed to attracting top talent in the investment and operational sectors. The firm emphasizes a blend of investment, sector, and functional expertise to drive hands-on value creation and operational improvements within its portfolio. In 2024, Nordic Capital expanded its team to 245 employees across ten offices worldwide and made 36 promotions, including four new Partners from its Operations Advisory and Specialist Functions Advisory teams.

The firm’s sustainability strategy is two-fold: to scale sustainable companies for greater impact and to assist existing companies in becoming more sustainable. In 2024, Nordic Capital made significant strides in embedding sustainability principles across its portfolio. Notable investments included Sensio, which provides smart monitoring technology for elderly care, and Leo Pharma, which advanced its decarbonization efforts with a net-zero target set for 2050. Additionally, Nordic Capital had its emission reduction targets approved by the Science Based Targets Initiative (SBTi), further solidifying its commitment to responsible investment strategies.

Overall, Nordic Capital's achievements in 2024 highlight its strategic focus on sustainable growth, operational excellence, and resilience in a challenging global landscape.