Nordic Capital invests in MGU RiskPoint to support growth
Nordic Capital and RiskPoint Group have entered an agreement whereby Nordic Capital will acquire an interest in RiskPoint. The investment will help accelerate the group’s global growth ambitions and support the company in achieving its long-term strategy.
RiskPoint Group is a global independent specialty insurance Managing General Underwriter based in Copenhagen with offices in Stockholm, Oslo, Helsinki, Amsterdam, Frankfurt, Zurich, Madrid, London and New York. The Group offers a wide range of traditional and niche insurance solutions. The Group was founded in 2007 and has since then enjoyed growth in Europe and the US.
Nordic Capital is a seasoned investor in the financial services sector. It says it will support RiskPoint’s continued growth journey in close partnership with the management team.
“This partnership is a great fit for RiskPoint, 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 clients and brokers,” said Kenneth Nielsen, CEO of RiskPoint Group.
“In our pursuit to provide service excellence and expand our geographic footprint, I am proud to partner with Nordic Capital to continue our journey as an independent MGU. This partnership and the alignment between us are founded on the importance and value of our employees and will ensure that our unique company culture can flourish, now and in the future.”
Christopher Ekdahl, Managing Director, Nordic Capital, added: “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
Nordic M&A acted as financial advisor to RiskPoint Group and TigerRisk Capital Markets & Advisory acted as financial advisor to Nordic Capital.
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