Nordic Capital acquires SaaS fintech Zafin

Zafin’s customers include Wells Fargo, US Bank, HSBC, Truist, ING, CIBC, PNC, and ANZ.

Nordic Capital has over 30 years of experience accelerating the growth of technology companies. The firm has so far made 29 technology investments with an aggregate enterprise value of approximately €24bn.

Terms of the transaction, which is expected to close during Q1 2024 and is subject to customary closing conditions, have not been disclosed.

Goldman Sachs & Co served as exclusive financial advisor to Zafin and Fasken Martineau DuMoulin served as legal counsel to Zafin.

Source: Private Equity Wire

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