NKB Co-Invest IX
We are delighted to announce the successful third closingof the second dedicated co-investment fund, securing capital commitments of c. €250 million. With this third closing, NORD Holding has placed 100% of its targeted €250 million fund size (a c. 68% increase from the previous fund generation), attracting both institutional investors and family offices. Significant additional capital commitments are expected as NORD Holding moves towards a finalclosing at the end 2024.
"We are immensely grateful for the continuous support from our existing and new investors. The current fundraising process has allowed NORD to expand its LP base across multiple geographies, underscoring the broad appeal of our investment strategy which diversifies across various vintages and regions," states Rainer Effinger, Managing Partner at NORD Holding. "Despite shifting market dynamics, our focus on the lower end of the market enables us to identify attractive transactions with highly favorable valuations and limited leverage. This strategy has enabled NORD to generate substantial deal flow, allowing the construction of awell-diversified and compelling portfolio by carefully selecting the bestco-investment opportunities. Within 12 months of first closing, NKB Co-Invest IX has assembled a portfolio of 10 companies, withan average entry multiple below 6.5x EV/EBITDA, presentingan attractive seeded investment opportunity.”
For further inquiries, please contact:
David van de Fliert
Investor Relations
Email: vandefliert@nordholding.de
Phone: (+49) 151 122 247 02
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