May 5, 2010 - Assignment

Palamon Capital Partners sells Nordax to Vision Capital

Palamon Capital Partners, one of Europe’s leading mid-market private equity firms, has sold its majority stake in Nordax, a premier unsecured consumer loan businesses in the Nordic region, to Vision Capital.

Nordax was established in 2003 by five highly experienced industry executives, led by Morten Falch, and Palamon Capital Partners.

Palamon Capital Partners was advised by Mannheimer Swartling. The firm’s team included Fredrik Andretzky and Peter Jonsson (M&A), Mattias Lampe and Thomas Pettersson (Banking & Finance) and Martin Nilsson and Niklas Hagbard (Tax).