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ARDIAN REAL ESTATE ACQUIRES OFFICE BUILDING IN MILAN

Ardian

The transaction was conducted through a multi-compartment SICAF managed by Prelios SGR

Milan, February 17, 2020 – Ardian, a world-leading private investment house, has acquired a 7,000 sq.m building in Piazza Fidia 1, Milan, from Generali Real Estate S.p.A. SGR. The acquisition marks Ardian Real Estate’s third investment in Milan, and eighth in Italy.

Built in 1968, the free-standing office building in Milan’s dynamic Isola district is strategically located half-way between Porta Nuova and Scalo Farini, a disused railway yard due to be fully redeveloped as part of a wider redevelopment plan for the area.

The refurbishment plan for the building will involve a complete refurbishment in line with the highest international standards for energy performance, sustainability and architecture.

The purchase is Ardian’s second acquisition through the SICAF, an independently managed fixed-capital real estate multi-compartment investment company managed by Prelios SGR, in which Ardian is the sole investor. The SICAF previously acquired an office building in Via Roncaglia 12/14 in a central area in south-west Milan, from Sator Immobiliare SGR.

As an investor in AIFs managed by Prelios SGR, Ardian Real Estate has invested approximately €500 million to date in properties in Milan and Rome mainly intended as office buildings.

Rodolfo Petrosino, Senior Managing Director for Ardian Real Estate’s operations in Southern Europe, said: “This deal perfectly highlights our strategy of investing in the best core plus-value added opportunities in the Italian market, where we can create value through our important partnership with Prelios. The redevelopment plan, to be launched shortly, will transform the area, and will enable us to attract high-quality tenants for this building.”

Alessandro Busci, Head of Fund Management at Prelios SGR, added: “We are proud of our partnership with Ardian Real Estate, which has been strengthened through this new acquisition. In a competitive market, achieving returns that match investors’ risk appetites depends increasingly on the fund manager’s ability to maximize the value of the assets under management. So, we are delighted that Ardian Real Estate, and our investors, see Prelios SGR as an effective partner that can help them achieve their objectives. The building will be redeveloped and repositioned so that we can make the most of its potential value.”

The transaction was completed with Chiomenti advising on legal and tax Gattai, Minoli, Agostinelli, Partners as administrative advisors, General Planning as architectural advisors and Agire who carried out the technical and environmental due diligence.

ABOUT ARDIAN

Ardian is a world-leading private investment house with assets of US$96bn managed or advised in Europe, the Americas and Asia. The company is majority-owned by its employees. It keeps entrepreneurship at its heart and focuses on delivering excellent investment performance to its global investor base.
Through its commitment to shared outcomes for all stakeholders, Ardian’s activities fuel individual, corporate and economic growth around the world.
Holding close its core values of excellence, loyalty and entrepreneurship, Ardian maintains a truly global network, with more than 640 employees working from fifteen offices across Europe (Frankfurt, Jersey, London, Luxembourg, Madrid, Milan, Paris and Zurich), the Americas (New York, San Francisco and Santiago) and Asia (Beijing, Singapore, Tokyo and Seoul). It manages funds on behalf of around 1,000 clients through five pillars of investment expertise: Fund of Funds, Direct Funds, Infrastructure, Real Estate and Private Debt.

Follow Ardian on Twitter @Ardian

www.ardian.com

ABOUT PRELIOS SGR

PRELIOS SGR is the Prelios Group’s fund manager. One of Italy’s largest real estate and securities SGRs, which in 2018 obtained authorization from the Italian financial authorities to expand its operations into debt funds, it promotes and manages AIFs (investment funds and SICAFs) and separate accounts, and provides advisory services to assist leading national and international investors in drawing up and implementing effective investment and management strategies for real estate or real-estate-backed securities across Italy. At December 2019, Prelios SGR had assets under management for approximately 5.9 billion Euro through 36 funds, including two umbrella funds, two SICAFs and three separate accounts.
Prelios SGR is a signatory of the United Nations-supported Principles for Responsible Investment network, which works for the integration into investment practices of the six responsible investment principles incorporating environmental, social and corporate governance issues.

Follow Prelios on Twitter @Prelios and Linkedin

www.prelios.com

PRESS CONTACTS

ARDIAN
Headland
VIKTOR TSVETANOV
Tel: +44 207 3435 7469
VTsvetanov@headlandconsultancy.co.uk
Prelios Group Press Office
+39 02 6281.4176/4826 – pressoffice@prelios.com
Image Building
Tel. +39 02 89 011 300
prelios@imagebuilding.it
Tel: +390289011300

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Shippeo raises €20 million to provide real-time visibility into the global supply chain

Ngp Logo

Shippeo, the leading supply chain visibility provider in Europe, announces the closing of a €20 million Series B round co-lead by NGP Capital and ETF Partners with participation from Bpifrance Digital Ventures and Partech.

Shippeo provides predictive and real-time visibility into goods delivery. The AI-based platform aggregates data from hundreds of sources in real-time to calculate the estimated time of delivery arrival with 98% accuracy. Since its creation in 2014, Shippeo has successfully scaled its operations and is now servicing more than 50 large customers, such as Schneider Electric, Carrefour, Eckes-Granini and Leroy Merlin, across 40 countries. The team has grown tenfold and Shippeo now employs 80 people in seven different offices across Europe.

Over the last year, Shippeo has increased its turnover by 300%, positioning itself as one of the fastest-growing start-ups in Europe.

The Series B round of €20 million in new equity is co-lead by NGP Capital and ETF Partners with participation from Bpifrance Digital Ventures. Partech, who participated in the Series A round, also took part in this new funding, reaffirming its trust in Shippeo and its long-term support to the management team

Pierre Khoury – CEO and Lucien Besse – COO of Shippeo, said:

“Welcoming top-tier investors is a great source of pride for Shippeo. Their international reach and strong experience in the mobility sector will be a major asset when implementing our ambitious strategy to become the global leader of a $6 billion market. By revolutionizing supply chain visibility, Shippeo aims to unlock value for shippers and carriers, and in the long run, reinvent freight transport.”

Bo Ilsoe, Partner of NGP Capital, stated: “Working with great entrepreneurs is our core mission at NGP Capital and we are honoured to join Pierre, Lucien and the talented Shippeo team in their continued journey. The supply chain industry is ripe for increased digitization and we look forward to adding-value to the company through our global model and network.”

Remy de Tonnac, Partner at ETF Partners, said: “Shippeo created an outstanding platform to help Shippers embrace the efficiency of « Industry 4.0 » with superb customer experience. Going forward, Shippeo’s platform will also help the transportation industry to have much better visibility on its environmental impact and thus will drive significant improvements here for the benefit of all stakeholders.”

Shippeo will use the Series B funding:

  • To further strengthen its market-leading position in Europe by multiplying the customer base times five while maintaining very high customer satisfaction,
  • To expand the team by 150 new recruits in data science, IT, sales and operations,
  • To triple its R&D investment in AI and automatization to achieve increased operational excellence and increased customer visibility into the supply chain.

The supply chain industry remains fragmented and underserved from a technology standpoint. With more than 600.000 road freight companies in Europe alone, digitization offers a tremendous opportunity for industry disruption and Shippeo is leading the way in decreasing fragmentation and increasing real-time visibility into freight delivery.

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Pension Insurance Corporation Group completes £750 million capital raise

New capital supports the continued development and growth of PIC in the pension risk transfer market

Pension Insurance Corporation Group Limited, ultimate parent company of Pension Insurance Corporation plc, the specialist insurer of defined benefit pension schemes, today announces the completion of the previously announced capital raise. PICG’s existing shareholders will invest £750 million of new capital to support the continued development and growth of PIC in the pension risk transfer market.

Reinet Fund S.C.A., F.I.S., a specialised investment fund incorporated in Luxembourg, and the group’s largest shareholder, will invest £437.8 million and have a 46.4% stake in the group. Luxinva, a wholly owned subsidiary of Abu Dhabi Investment Authority, will invest £171.6 million and have an 18% shareholding. CVC Strategic Opportunities I will invest £130.6 million and have a 17% shareholding. 60% of the total funds invested will be available to PICG immediately, with the remaining 40% callable upon request before 26 January 2021.

Tracy Blackwell, Chief Executive Officer of PIC, said: “The money we have just raised from our long-term, supportive shareholders will allow us to help increased numbers of defined benefit pension scheme trustees move their risks to a specialist insurer, guaranteeing their members’ benefits for life. The company is financially strong, has a reputation for excellent customer service, and is operating in a huge growth market. This significant investment by our existing shareholders is a vote of confidence in our growth plans.”

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Funds advised by Apax Partners to acquire Cadence Education from Funds advised by Morgan Stanley Capital Partners

Investment to support continued growth of a leader in early childhood education

Scottsdale, AZ and New York, NY, February 12, 2020: Funds advised by Apax Partners (the “Apax Funds”) today announced they have reached an agreement to acquire Cadence Education, a leading provider of early childhood education in North America, from investment funds managed by Morgan Stanley Capital Partners (“MSCP”). The transaction is expected to complete in March 2020. Financial terms of the transaction were not disclosed.

Cadence Education serves families and students in more than 225 private preschools through a network of over 40 brands, including the company’s flagship Cadence Academy brand. The company’s schools serve children aged six weeks to 12 years. With more than 27 years in business, Cadence Education schools offer a proprietary curriculum developed by experts to give students the skills and confidence necessary to excel in their next phase of education.

The investment from the Apax Funds will support Cadence Education to continue its impressive growth trajectory, including strategic acquisitions and the expansion of core operational capabilities.

Dave Goldberg, President and Chief Executive Officer of Cadence Education, said: “We are very excited about our new partnership with Apax, which will help drive our continued growth and bring our mission of providing an exceptional education in a fun and nurturing environment to even more children. MSCP has been a great partner to the business, and we thank them for their support.”

Nick Hartman, Partner at Apax Partners, said: “We look forward to working with Dave and the Cadence Education team to continue to execute the strategy that has established the company as a leader in the early childhood education space. Cadence Education’s focus on children and parents delivers industry-leading customer satisfaction which, in combination with a highly-skilled team, positions the company for continued growth.”

David Thompson, Executive Director of MSCP, said: “We are proud to have partnered with Cadence Education to strengthen its educational offering and deepen its position as a leading provider of early childhood education in the US. Cadence Education is deeply committed to its mission of providing high quality education and care to families, and we have appreciated the opportunity to work with Dave Goldberg and the entire Cadence team during this exciting growth period.”

Debevoise & Plimpton LLP served as legal advisor, and William Blair and Lazard Middle Market served as financial advisors to MSCP. Simpson Thacher & Bartlett LLP served as legal advisor to Apax Partners.

About Cadence Education

Cadence Education is one of the premier early childhood educators in the United States, operating more than 225 private preschools across the country. With more than 27 years in business, Cadence has developed an unparalleled expertise in preparing students to thrive in the next step of their childhood. Cadence Education provides parents with peace of mind by giving children an exceptional education every fun-filled day in a place as nurturing as home. For additional information about Cadence, please visit www.cadence-education.com.

About Apax Partners

Apax Partners is a leading global private equity advisory firm. Over its more than 40-year history, Apax Partners has raised and advised funds with aggregate commitments of c.$50 billion. The Apax Funds invest in companies across four global sectors of Tech & Telco, Services, Healthcare, and Consumer. These funds provide long-term equity financing to build and strengthen world-class companies. For more information see: www.apax.com.

About Morgan Stanley Capital Partners

Morgan Stanley Capital Partners, part of Morgan Stanley Investment Management, is a leading middle-market private equity platform that has invested capital in a broad spectrum of industries for over three decades. Morgan Stanley Capital Partners focuses on privately negotiated equity and equity-related investments primarily in North America and seeks to create value in portfolio companies primarily in a series of subsectors in the business services, consumer, healthcare, industrials, and education markets with an emphasis on driving significant organic and acquisition growth through an operationally focused approach. For further information about Morgan Stanley Capital Partners, please visit: www.morganstanley.com/im/capitalpartners.

Media Contacts

For Apax Partners

Global Media: Andrew Kenny, Apax | +44 20 7 872 6371 | andrew.kenny@apax.com

USA Media: Todd Fogarty, Kekst CNC | +1 212-521-4854 | apax@kekstcnc.com

UK Media: Matthew Goodman / James Madsen, Greenbrook | +44 20 7952 2000 | apax@greenbrookpr.com

Notes to Editors 

London-headquartered Apax Partners (www.apax.com) and Paris-headquartered Apax Partners (www.apax.fr) had a shared history but are separate, independent private equity firms.

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EQT opens office in Sydney — further strengthens Asia-Pacific footprint

eqt

  • EQT opens office in Sydney to support accelerated efforts in the Asia-Pacific region, with specific focus on Australia and New Zealand
  • The Sydney office will be led by Ken Wong, Managing Director and Head of EQT Australia & New Zealand, who has been leading coverage efforts from Singapore and will return home to Sydney as part of the office opening
  • EQT currently holds investments in Australian cloud and managed service provider, Nexon Asia Pacific, and has entered into a Scheme Implementation Agreement to acquire 100% of Metlifecare, one of the largest owners and operators of integrated retirement and aged care villages in New Zealand

Sydney, Australia: EQT today announced the opening of an office in Sydney, Australia. The office will be led by Ken Wong, Managing Director and Head of EQT Australia & New Zealand, who was previously based in EQT’s Singapore office and will return home to Sydney as part of the office opening. In alignment with EQT’s local-with-locals approach, the team will seek to find thematic investment opportunities with the support from EQT’s global platform and extensive network.

Ken Wong, Managing Director and Head of EQT Australia & New Zealand commented: “The opening of the Sydney office is a testimony to EQT’s commitment to investing in the region. Australia and New Zealand has an abundance of investment opportunities in EQT’s core sectors, and we have already started to see that EQT’s differentiated approach to active, responsible and growth focused ownership resonate with management teams, founders and corporates.”

Thomas von Koch, Deputy Managing Partner and Chairperson of Asia-Pacific at EQT, commented: “EQT is excited to expand into Australia and New Zealand, markets in which EQT’s Nordic values and unique governance model are well received. EQT has previously had positive experiences from investing in Australia and are encouraged by the recent traction we’re getting in market. We believe that Australia and New Zealand are some of the most interesting markets in the Asia-Pacific region and one where EQT can make a positive impact on portfolio companies as well as local communities. Putting EQT’s flag on the ground in Sydney is part of our global expansion strategy and ambition to establish a local presence across the regions EQT invests in. With a local team in Sydney, EQT is well-positioned to stay close to both its portfolio companies and to capture new investment opportunities in the region.”

EQT made its first investment in Australia in 2014 following EQT Mid Market’s acquisition of I-MED Radiology Network, a leading diagnostic imaging service provider. During EQT’s ownership period, I-MED achieved strong organic growth, established multiple new clinics, entered into new hospital contracts, successfully completed a number of value accretive add-on acquisitions and made significant investments into equipment, new technology and people. The business was divested in 2018.

In July 2019, EQT Mid Market Asia III announced its investment in Nexon Asia Pacific, a cloud and managed service provider who helps clients run more efficiently, create better user experiences and explore bigger opportunities. They are a trusted technology partner for mid-market businesses, government agencies and not-for-profit organizations throughout Australia and the Asia-Pacific region.

In December 2019, EQT Infrastructure IV entered into a Scheme Implementation Agreement to acquire 100% of Metlifecare shares by way of a scheme of arrangement. Metlifecare is a leading New Zealand owner and operator of integrated retirement and aged care villages, providing rewarding lifestyles and outstanding care to more than 5,600 New Zealanders. Established in 1984, the business has a portfolio of 25 villages in areas with strong local economies, supportive demographics and high median house prices, located predominantly in New Zealand’s upper North Island.

Contact
Ken Wong, Managing Director and Head of Australia & New Zealand, +61 2 9052 4852
Roger Newby, Domestique Consulting, roger@domestiqueconsulting.com.au, +61 401 278 906
EQT Press Office, press@eqtpartners.com

Sydney office address:
EQT Partners Australia Pty Ltd
Level 48, 264 George Street
Sydney, NSW 2000
Australia

About EQT
EQT is a differentiated global investment organization with a 25-year track-record of consistent investment performance across multiple geographies, sectors and strategies. With strong values and a distinct corporate culture, EQT manages and advises funds and vehicles that invest across the world with the mission to generate attractive returns to the fund investors.

EQT’s talent base and network allow it to pursue a unique value creation approach and thematic investment strategy, with the aim of future-proofing the companies which EQT invests in, creating superior returns and making a positive impact with everything EQT does.

EQT has more than EUR 62 billion in raised capital since inception, currently around EUR 41 billion in assets under management across 19 active funds within three business segments – Private Capital, Real Assets and Credit. EQT is a thought leader within the private markets industry with deep expertise in responsible and long-term ownership, corporate governance, operational excellence, digitalization and sustainability. EQT has offices in 16 countries across Europe, Asia Pacific and North America with more than 700 employees.

More info: www.eqtgroup.com

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Kinnevik AB (publ) (“Kinnevik”) today announced that it has issued SEK 1.5bn in new bonds in the Nordic bond market.

Kinnevik

The SEK 1.5bn bonds have a final maturity of five years and are separated in one SEK 250m tranche with a fixed rate coupon of 1.058 percent, and one SEK 1,250m tranche with a floating rate coupon of the three-month STIBOR plus 0.80 percent. In order to hedge the interest rate risk, Kinnevik has entered into an interest rate swap agreement whereby it will pay a fixed annual interest rate also on the SEK 1,250m.

The bonds are issued under Kinnevik’s Medium Term Note Programme established in February 2020 and the proceeds from the bond issue will primarily be used to partially refinance bonds maturing during 2020.

For further information, visit www.kinnevik.com or contact:

Torun Litzén, Director Investor Relations
Phone +46 (0)70 762 00 50
Email press@kinnevik.com

Kinnevik is an industry focused investment company with an entrepreneurial spirit. Our purpose is to make people’s lives better by providing more and better choice. In partnership with talented founders and management teams we build challenger businesses that use disruptive technology to address material, everyday consumer needs. As active owners, we believe in delivering both shareholder and social value by building long-term sustainable businesses that contribute positively to society. We invest in Europe, with a focus on the Nordics, the US, and selectively in other markets. Kinnevik was founded in 1936 by the Stenbeck, Klingspor and von Horn families. Kinnevik’s shares are listed on Nasdaq Stockholm’s list for large cap companies under the ticker codes KINV A and KINV B.

 

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Bisnode acquires assets from AXON INSIGHT and strengthens its position in Switzerland

Ratos

Bisnode has acquired the customer assets of the Swiss company AXON INSIGHT and thereby expanding its leading position in marketing and decisioning solutions for the banking and insurance industry.

The customer assets which the acquisition include are primarily Banks and Insurance companies. Through combining Bisnode’s comprehensive data with AXON INSIGHT’s market-leading network aggregation and visualization capabilities Bisnode will strengthen its offer in an important market.

“The combination of Bisnode’s and AXON INSIGHT’s data will deliver important insights into the lead-generation process for banks and insurance companies and lead to significantly higher close rates. We are very pleased to have further strengthened our position in the Swiss market,” says Macario Juan, Managing Director, Bisnode Schweiz AG.

Markus Binzegger, CEO AXON INSIGHT continues, “With Bisnode we have found the ideal Smart Data & Analytics provider and I am more than convinced that we mutually will create the greatest possible value for our customers.”

About AXON INSIGHT
AXON INSIGHT AG is a leading provider in the field of relationship analytics. With the help of first-class network analysis functions for processing data from company registers, news and corporate networks, meaningful insights can be determined to drive business development strategies. AXON INSIGHT is part of the AXON Group, which develops pioneering solutions for its customers’ digital transformations with around 700 employees at 18 locations worldwide.

About Bisnode
Bisnode is a leading European provider of Data & Analytics with 2 100 employees in 19 countries. We help companies to find and manage customers throughout the entire customer lifecycle. With our Smart Data approach, companies can increase revenue and minimise losses. Bisnode is the largest strategic partner of Dun & Bradstreet, the global provider of business information.

 

For further information please contact
Macario Juan, Managing Director, Bisnode Schweiz AG, macario.juan@bisnode.com
Markus Binzegger, CEO, AXON INSIGHT, markus.binzegger@axonivy.com
Anna Albinsson, CMO, Bisnode, +46 (0)73 158 56 07, anna.albinsson@bisnode.com
Helene Gustafsson, Head of IR and Press, Ratos, +46 70 868 40 50, helene.gustafsson@ratos.se

About Ratos:
Ratos is a corporate group consisting of 12 companies divided into three business areas: Consumer & Technology, Construction & Services and Industry. In total, the companies have SEK 38 billion in sales and EBITA of SEK 1.8 billion. Our business concept is to develop medium-sized companies with headquarters in the Nordic region that are or have the potential to become market-leading. We make it possible for independent medium-sized companies to excel by being part of something larger. A focus on people and leadership, culture and values are key components of Ratos. Everything we do is based on our core values: Simplicity, Speed in Execution and It’s All About People.

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Kinnevik to invest SEK 150 million in MatHem‘s SEK 500 million funding round, alongside leading pension company AMF

Kinnevik

Kinnevik AB (publ) (“Kinnevik”) today announced that it has committed to invest an additional SEK 150m in a funding round of approximately SEK 500m in MatHem. Also participating in the funding round is Swedish institutional investor AMF, investing SEK 280m to become MatHem’s third largest shareholder with an ownership stake of approximately 10%, as well as MatHem’s existing shareholders Verdane and Clas Ohlson.

MatHem is Sweden’s leading independent pure-play online grocery retailer with a strong household brand built over the past ten years. The company offers a broad range of grocery products and adjacent household consumables, catering to more than half of Swedish households.  With the additional investment of SEK 150m, Kinnevik has invested SEK 1.1bn in total in the company and has an ownership stake of 36%.

With more than SEK 650 billion in assets under management on behalf of four million customers, AMF is one of Sweden’s leading pension companies, one of the largest owners on Nasdaq Stockholm and one of Kinnevik’s largest shareholders. With the investment of SEK 280m AMF becomes MatHem’s third largest shareholder with a 10% ownership stake.

2019 was a transformative year for MatHem, focused on strengthening the organization to build a solid foundation for future growth. As part of the company’s growth ambitions, and to meet increasing customer demand, part of the raised capital will be used to fund the development of MatHem’s new environmentally certified warehouse in Larsboda, Stockholm. MatHem’s new CEO Johan Lagercrantz joined the company in December, bringing with him a breadth of experience from leading positions in the staffing industry and consumer services and a strong track-record of delivering tangible results. Furthermore, MatHem is today announcing two new independent board directors, Lidia Oshlyansky and Nina Jönsson.

Georgi Ganev, CEO of Kinnevik, commented: “MatHem continues to be at the forefront of the transformation in the grocery space, and a clear leader in its core market. We are delighted that AMF has decided to invest in the company and to be part of this journey. The funding round means that the company is well capitalized for the future, allowing Johan and his team to focus on growing the business and improving operational efficiency.”

Anders Oscarsson, Head of Equities at AMF, commented: “We are excited to invest alongside Kinnevik in MatHem as we share their conviction in the significant opportunity in transforming this large market. We have been impressed by the strong team at MatHem and their plans for the future.”

For further information, visit www.kinnevik.com or contact:

Torun Litzén, Director Investor Relations
Phone +46 (0)70 762 00 50
Email press@kinnevik.com

Kinnevik is an industry focused investment company with an entrepreneurial spirit. Our purpose is to make people’s lives better by providing more and better choice. In partnership with talented founders and management teams we build challenger businesses that use disruptive technology to address material, everyday consumer needs. As active owners, we believe in delivering both shareholder and social value by building long-term sustainable businesses that contribute positively to society. We invest in Europe, with a focus on the Nordics, the US, and selectively in other markets. Kinnevik was founded in 1936 by the Stenbeck, Klingspor and von Horn families. Kinnevik’s shares are listed on Nasdaq Stockholm’s list for large cap companies under the ticker codes KINV A and KINV B.

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Bisnode acquires assets from AXON INSIGHT and strengthens its position in Switzerland

Ratos

Bisnode has acquired the customer assets of the Swiss company AXON INSIGHT and thereby expanding its leading position in marketing and decisioning solutions for the banking and insurance industry.

The customer assets which the acquisition include are primarily Banks and Insurance companies. Through combining Bisnode’s comprehensive data with AXON INSIGHT’s market-leading network aggregation and visualization capabilities Bisnode will strengthen its offer in an important market.

“The combination of Bisnode’s and AXON INSIGHT’s data will deliver important insights into the lead-generation process for banks and insurance companies and lead to significantly higher close rates. We are very pleased to have further strengthened our position in the Swiss market,” says Macario Juan, Managing Director, Bisnode Schweiz AG.

Markus Binzegger, CEO AXON INSIGHT continues, “With Bisnode we have found the ideal Smart Data & Analytics provider and I am more than convinced that we mutually will create the greatest possible value for our customers.”

About AXON INSIGHT
AXON INSIGHT AG is a leading provider in the field of relationship analytics. With the help of first-class network analysis functions for processing data from company registers, news and corporate networks, meaningful insights can be determined to drive business development strategies. AXON INSIGHT is part of the AXON Group, which develops pioneering solutions for its customers’ digital transformations with around 700 employees at 18 locations worldwide.

About Bisnode
Bisnode is a leading European provider of Data & Analytics with 2 100 employees in 19 countries. We help companies to find and manage customers throughout the entire customer lifecycle. With our Smart Data approach, companies can increase revenue and minimise losses. Bisnode is the largest strategic partner of Dun & Bradstreet, the global provider of business information.

 

For further information please contact
Macario Juan, Managing Director, Bisnode Schweiz AG, macario.juan@bisnode.com
Markus Binzegger, CEO, AXON INSIGHT, markus.binzegger@axonivy.com
Anna Albinsson, CMO, Bisnode, +46 (0)73 158 56 07, anna.albinsson@bisnode.com
Helene Gustafsson, Head of IR and Press, Ratos, +46 70 868 40 50, helene.gustafsson@ratos.se

 

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Bisnode strengthens its offering within bank account information

Ratos

Bisnode has started a strategic partnership with Tink, Europe’s leading open banking platform. The partnership will enable Bisnode to provide bank account data based on Tink’s account aggregation and data enrichment technologies in 7 of its markets across Europe.

“This is an important strategic move for Bisnode to build strength in our future risk and credit offerings,” says CEO Magnus Silfverberg.

The partnership with Tink will strengthen Bisnode’s leadership in the risk and credit space and give customers access to key datasets for risk decisions. In combination with Bisnode’s strong offering in credit reports and credit scores, bank account data will be an important basis for making credit decisions in the near future.

“This will be a game changer for lenders in the future and thus for Bisnode as a key provider of risk and credit data,” says CEO Magnus Silfverberg.

For more information: https://www.bisnode.com/about-bisnode/about-us/news/tink-partnership/

For further information, please contact:
Helene Gustafsson, Head of IR & Press, Ratos, +46 8 700 17 98, helene.gustafsson@ratos.se
Tomas Hedenius: +46 70 247 29 02, tomas.hedenius@bisnode.com
David Nilsson Nannini: +46 722 50 41 79, david.nannini@bisnode.com
About Ratos:
Ratos is a corporate group consisting of 12 companies divided into three business areas: Consumer & Technology, Construction & Services and Industry. In total, the companies have SEK 38 billion in sales and EBITA of SEK 1.8 billion. Our business concept is to develop medium-sized companies with headquarters in the Nordic region that are or have the potential to become market-leading. We make it possible for independent medium-sized companies to excel by being part of something larger. A focus on people and leadership, culture and values are key components of Ratos. Everything we do is based on our core values: Simplicity, Speed in Execution and It’s All About People.

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