Swedish Private Equity firm eyes expansion in Poland or Romania

Nordic Capital, a private equity firm that owns 30 portfolio companies with 50,000 employees, is in early stages of partnering with a Strategic Nearshoring partner that can support their Portfolio companies with extended development teams with software/Tech development and maintenance.

“Many of our companies are looking for software developers and we can see that 5-6 of our companies are interested in setting up nearshoring teams with up 100 developers during 2019. We have 2-4 companies in Financial Services & Payment industry that are interested to start a pilot in Q1 with one team (5 people) each”, said Mikael Carlsson, IT Strategy Advisory at Nordic Capital.

Nordic Capital continue to buy about 5 new companies every year. Carlsson said that the company is looking for a partner that has a strong brand in the local development community, technology skills in Java, .NET, JavaScript, SQL (MS, Oracle, Postgres), EpiServer + frameworks, and ability to scale up rapidly in early spring 2019.

Daniel Pihl of Bearing Point (daniel.pihl@bearingpoint.com) is advising Nordic Capital on selection of its strategic nearshoring partner.