202209 Aug

Nordic PE firm Summa Equity picks California for its first office outside Europe | AltAssets Private Equity News


Never miss a story – click to sign up to AltAssets’ free daily PE newsletter The firm said it will be prioritizing investments in healthcare as it is optimistic about the technological advancements and innovation in the sector. In leading the Changing Demographics theme at Summa, we are seeking transformative companies that will deliver positive outcomes for communities across the globe and enable people to prosper. “Such businesses typically deliver sustainable growth and achieve continued long-term success, whilst creating value for the wider public.” The new office opening came off the back of the Summa’s €2.3bn Fund III close in January. In the dealmaking space, it agreed an SEK2bn ($227m) sale of water and wastewater pump aftermarket services business Lakers Group to Vestum in October. The buyout house also sealed the exit of high-performance antibodies and antigens developer HyTest to trade buyer Mindray in a €545m deal last May.

Source: Altassets