Nordic Capital to exit Macrobond to Francisco Partners

• Nordic Capital first invested in Macrobond in 2018
• Macrobond is based in Malmö, Sweden
• Francisco Partners is a global investment firm that partners with technology businesses

Nordic Capital has agreed to sell Macrobond, a global provider of software and macroeconomic and financial data, to Francisco Partners.

Macrobond is based in Malmö, Sweden.

Tomas Liljeborg, Macrobond’s founder, will continue as CEO and will remain a significant equity holder in the company.

Nordic Capital first invested in Macrobond in 2018. The company, under Nordic Capital’s ownership, has more than tripled its annual contract value (ACV) and is currently trending at 34 percent LTM ACV growth.

Nordic Capital has made significant investments in Macrobond’s technology platform, and product expansion, according to a release.

“Together with Tomas and the rest of the management team, Nordic Capital has focused on expanding the company’s offering to support its focus on becoming the platform of choice for people working in financial and economic research worldwide,” said Emil Anderson, partner, Nordic Capital.

The transaction is expected to be completed in the third quarter of 2023.

Nordic Capital is a private equity investor based in Stockholm, Sweden. The firm has invested €5.8 billion in 24 tech and payment companies.

Francisco Partners is a global investment firm that partners with technology businesses. The firm has offices in San Francisco, London, and New York.

Arma Partners acted as exclusive financial advisor, PwC acted as tax and financial advisor and White & Case as legal advisor to Nordic Capital and Macrobond. Paul Hastings acted as legal counsel to Francisco Partners.