Nordax Finans Switches PE Sponsors

By PEHub Administrator — 6 years ago

Vision Capital has acquired a majority stake in Nordax Finans AB from Palamon Capital Partners. The deal valued Nordax Finans at approximately €105 million. The Stockholm-based company provides unsecured loans to individuals with “good credit standing” across the Nordic region.

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PE Firms Buy UK Dental Chain

By PEHub Administrator — 6 years ago

Smith & Williamson, the administrators of Kaupthing Capital Partners (former PE arm of Kaupthing Bank), has sold a majority stake in Associated Dental Practices Ltd. to a group of private equity investors that includes Palamon Capital Partners, AlpInvest Partners, Morgan Stanley Alternative Investment Partners and LDC. The total deal is valued at £136 million, including £72 million in equity. Leveraged financing was provided by Lloyds TSB Corporate Markets Acquisition Finance and Royal Bank of Scotland. Associated Dental is the second largest provider of National Health Service dentistry in the UK.

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