FIH Partners advised Nordic Capital in connection with the sale of their remaining shares of Falck A/S to a consortium consisting of the Lundbeck Foundation, KIRKBI, PFA and the Executive Management Board.Nordic Capital is a leading Nordic private equity firm primarily investing in Europe-based companies, mainly in the Nordic region and the German-speaking countries. The funds operate in a wide range of industry sectors but also seek out international investment opportunities outside their prioritised geographical scope.
Falck is a Nordic based organisation with business activities in 31 countries on five continents. It consists of four different business areas, Assistance, Emergency, Healthcare and Training. Falck is the largest privately owned ambulance company in Europe and also runs extensive ambulance services in the US and Latin America. Falck provides ambulance services to the general public in close collaboration with the authorities in 14 countries. Falck is also the largest privately operated fire fighting service in Europe with activities in nine countries.
Danish commercial foundation and investment fund the Lundbeck Foundation together with Danish investment firm KRIKBI A/S, the executive management board of Falck A/S and Danish pension fund PFA Pension acquired a 43.4% stake in local medical assistance, emergency, healthcare and training services provider Falck A/S from Swedish venture capital firm Nordic Capital Svenska AB, increasing their total stake in the company to 91.2%.
Divestment of shares in Falck A/S
- Transaction:
- Divestments
- Date:
- Apr 2011
- Deal Value:
- EUR 584 million
- Industry:
- Services