Nordic Capital to acquire Max MatthiessenChristian Fernsby ▼ | May 25, 2020
Nordic Capital has signed an agreement to acquire Max Matthiessen, one of the leading financial advisors within pensions, insurance and investment in the Nordic region, from Willis Towers Watson.
Nordic Capital Max Matthiessen
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By investing in Max Matthiessen’s continued product development and enhancing its organisational capacity, Nordic Capital intends to support the Company’s expanded customer offering and its next phase of sustainable growth and innovation.Max Matthiessen was founded in 1889 and has been active in the insurance sector for more than 130 years.
The Company is headquartered in Stockholm and has 440 full-time employees of which 235 are advisors, based across circa 30 locations throughout Sweden.
Its product offering includes occupational pensions, asset management and non-life insurance.
Max Matthiessen has a customer base of circa 13,000 corporate clients, with revenues of SEK 1,552 mn (EUR 148 mn) in 2019. ■