Altor is a private equity firm focused on investing in and developing medium sized companies in the Nordic region. Our ambition is to make a real difference as a valuable partner for owners and managers in building world class companies.
Altor Equity Partners, the investment advisor to the Altor Funds, has an investment team with members representing every Nordic country. They all have international experience in fields such as private equity, consulting, investment banking and various industrial sectors. Altor is lead by nine Partners who have a successful track record of working with, and investing in, various businesses in the Nordic region.
The firm has raised approximately €6.2 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 Fund III specializes in mid market buyouts. It may also invest in public companies and debt restructuring situations. The fund prefers to invest in the Nordic region. It typically invests in companies having sales between €50 million ($66.70 million) and €500 million ($667 million). The fund has a 15-year term. The fund prefer to have majority stake in companies.