Nordic Capital has entered into an agreement to acquire a majority share in Sensio to further #accelerate the company’s growth, international #expansion and to continue enhancing its technology platform and products. Sensio is a leading provider of technology for social care and the investment is made in close partnership with the Company’s management. The previous majority owner since 2018, Longship, will invest alongside Nordic Capital as a significant minority owner.
"We are on a mission to help transform the care sector and enable a new way of working through the use of our technology. Partnering with Nordic Capital for our next growth phase will enable us to strengthen our value proposition and extend our offering to more markets and people across Europe. We are equally delighted that Longship will continue to be part of our journey”, said Torbjørn Aamodt, CEO at Sensio.
"We are deeply impressed with the team at Sensio, the company, and the platform they've created over the past 10 years. Sensio’s combined solution of software and IoT devices can increase care quality, while freeing up significant resources and drive efficiencies within elderly care. Nordic Capital has strong sub-sector focus areas within healthcare technology and IoT, and is thrilled to offer, expertise, network and capital to fuel Sensio’s next growth phase”, said Erik Otto Nyborg, Managing Director, Nordic Capital Advisors.
“We are incredibly proud of the development in Sensio since our investment in 2018. Sensio’s innovative solutions are making a meaningful impact on the quality of care for the elderly and those in social care settings. We look forward to continuing this journey alongside Nordic Capital, the management team and all the skilled employees of the company, as it continues to expand and meet the growing demands of the healthcare sector”, said Kai Jordahl, Managing Partner, Longship AS.
Nordic Capital will leverage its sector and operational expertise together within its expert networks to facilitate Sensio's continued growth. Sensio marks the tenth investment made by Nordic Capital Evolution since 2021.
Through this transaction Longship will realise the investment from its Fund I and make a new investment from its latest Fund III. Longship will continue to apply their active ownership involvement and will in cooperation with Nordic Capital support the company in the next stage of Nordic and international expansion.
Sensio is a leading provider of healthcare technology, solving today's and tomorrow's care challenges for the benefit of both residents, patients, relatives, #healthcare personnel and society.
Nordic Capital is a leading sector-specialist private equity investor with a resolute commitment to creating stronger, #sustainable businesses through operational improvement and transformative growth.
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#NordicCapital #Sensio