Nordic Capital acquires identity provider Signicat
Nordic Capital has acquired Signicat, a high growth provider of digital identity and signatures solutions. Signicat operates a digital identity hub, providing a single point of access to national identity schemes across Europe, including BankID and EstID. Nordic Capital plans to work in partnership with the companies management and existing shareholder Viking Venture to accelerate Signicat’s international expansion and strengthen the company’s leading market position.
Signicat has more than 500 clients the majority of which are in financial services and works with providers such as DNB, Klarna, Rabobank, Santander, Société Générale and Western Union. The company’s are growing in adoption and used by blue chip customers such as BMW, Konica Minolta and Schibsted Media Group.
About Nordic Capital
Nordic Capital is a private equity firm that focuses on investments in the healthcare, financial services, and technology, industrials, and consumer sectors in the Nordic region and other European countries. The firm was founded in 1989 and has offices in Sweden, Denmark, Finland, and Germany. Nordic Capital has raised over €14 billion in capital across nine funds and has made more than 100 investments in companies across Europe. The firm is known for its hands-on approach to investing, working closely with portfolio companies to help them achieve their strategic goals and drive growth. Nordic Capital has a strong track record of successful investments, including in companies such as Aleris, Airtame, Cambio Healthcare Systems, and Resurs Bank.
About Signicat
Signicat is a digital identity and electronic signature provider based in Norway. The company was founded in 2007 and has offices in several European countries, including Norway, Sweden, Denmark, and the Netherlands. Signicat provides a range of digital identity and electronic signature services to businesses, including identity verification, e-signatures, and document management. The company’s services are designed to help businesses streamline their processes and improve the customer experience by offering secure and convenient digital solutions. Signicat works with a variety of industries, including financial services, healthcare, government, and education. The company is known for its strong focus on security and compliance and has received a number of accolades for its work in the field of digital identity.