Nordic Capital Acquires Macrobond

Nordic Capital Fund IX, worth €4.3 billion in capital ($4.86 billion), currently has five other companies within the technology and payment sector in its portfolio and five companies in the financial services sector. Nordic Capital will allocate an undisclosed amount of capital throughout the course of the acquisition to strengthen Macrobond’s market position and growth strategy. 

“The market for macroeconomic and financial time-series solutions is very attractive and fast growing,” says Fredrik Näslund, Nordic Capital partner and head of tech and payments. “Macrobond is one of the leading providers of macroeconomic analytical solutions, and the company is well positioned in an attractive segment of the global information services market, which is experiencing growth driven by strong industry trends such as productivity, user-friendliness, and integrated solutions.”

Macrobond’s core offering is an SaaS solution that enables users to access a database of real-time macroeconomic and financial time-series data. The application permits users to automate, mine, and organize data through a single, integrated workflow.

“The company has a unique value proposition of providing a combination of time-series data, analytics and charting capabilities in one single application,” says Näslund. “The Macrobond value chain enhances productivity and effectiveness for its users since they can work within one application instead of toggling between data suppliers, spreadsheets, and statistical programs.” 

Macrobond has offices in Hong Kong, Poland, Sweden, the UK, and the US, and wants to accelerate its expansion outside of Europe and the Nordic region. 

All the companies in Nordic Capital’s portfolio are independent stand-alone investments, and any cooperation between them is undertaken as a commercial decision between the firms themselves, says Näslund.