March 20, 2015 - Assignment

Altor becomes the largest shareholder in Transcom

Altor Fund IV has today announced that it has acquired 6.4 million shares in Transcom WorldWideAB (publ) from Investment AB Kinnevik. The shares correspond to 24.5% of the shares outstanding in Transcom and were purchased at an aggregate price of SEK 421 million.

Transcom is a global customer experience specialist, providing customer care, sales, technical support and credit management services through an extensive network of contact centres. Transcom employs 29,000 customer experience specialists at 54 centres across 23 countries, delivering services in 33 languages to over 400 international brands in various industry verticals. The company was founded in 1995 by Kinnevik and is listed on Nasdaq Stockholm.

Since inception, the family of Altor funds have raised some EUR 5.8 billion in total commitments. The funds have invested in excess of EUR 3.1 billion in more than 40 companies. The investments have been made in medium sized Nordic companies with the aim to create value through growth initiatives and operational improvements.

Altor is advised by Mannheimer Swartling in connection with the acquisition. The firm’s team consists of Patrik Marcelius, Henrik Dock and Daniel Khayyami.