
Altor
Description
Altor is a prominent private equity firm with a strong focus on medium-sized companies, primarily across the Nordic region and the DACH (Germany, Austria, Switzerland) area. Established in 2003, the firm employs a hands-on approach, aiming to create value through strategic development and operational improvements within its portfolio companies. Altor typically seeks to acquire majority stakes, enabling them to exert significant influence over management and strategic direction, thereby driving growth and profitability. Their investment philosophy is centered on long-term value creation rather than short-term gains.
The firm has successfully raised substantial capital across multiple funds, demonstrating strong investor confidence. For instance, Altor Fund VI, their most recent fund, closed in 2021 with commitments totaling EUR 2.75 billion, equivalent to approximately $2.97 billion. This significant capital base allows Altor to pursue a wide range of investment opportunities and support the growth initiatives of its portfolio companies. Their investment strategy spans various sectors, including industrials, consumer, healthcare, and business services, reflecting a diversified approach to identifying promising enterprises.
Altor's typical investment targets are established companies with enterprise values generally ranging from EUR 50 million to EUR 500 million. For these investments, Altor's initial equity check typically falls within the range of EUR 50 million to EUR 300 million. This translates to approximately $54 million to $324 million in direct equity per transaction, depending on the specific deal structure and the size of the target company. The firm's substantial check sizes underscore its commitment to significant ownership and its capacity to provide substantial capital for growth, acquisitions, and operational enhancements within its portfolio.
Investor Profile
Altor has backed more than 52 startups, with 2 new investments in the last 12 months alone. The firm has led 9 rounds, about 17% of its total and boasts 16 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Private Equity, Post Ipo Equity, Series B rounds (top funding stages).
- Majority of deals are located in Sweden, Norway, United States.
- Strong thematic focus on Manufacturing, Energy, E-Commerce.
- Led 1 rounds in the past year.
- Typical check size: $54M – $324M.
Stage Focus
- Private Equity (67%)
- Post Ipo Equity (12%)
- Series B (8%)
- Series Unknown (6%)
- Series A (4%)
- Undisclosed (2%)
- Secondary Market (2%)
Country Focus
- Sweden (48%)
- Norway (15%)
- United States (8%)
- Denmark (6%)
- Germany (6%)
- Finland (6%)
- Luxembourg (4%)
- The Netherlands (4%)
- France (2%)
- Canada (2%)
Industry Focus
- Manufacturing
- Energy
- E-commerce
- Fashion
- Software
- Financial Services
- Cleantech
- Heating, Ventilation, And Air Conditioning (Hvac)
- Renewable Energy
- Artificial Intelligence (Ai)
Frequently Asked Questions
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