M&A Deal Summary

Polaris Private Equity and Acathia Capital Acquire Futur Pension

On February 10, 2020, private equity firms Polaris Private Equity and Acathia Capital acquired insurance company Futur Pension from Danske Bank

Acquisition Highlights
  • This is Polaris Private Equity’s 1st and Acathia Capital’s 1st transaction in the Insurance sector.
  • This is Polaris Private Equity’s 13th and Acathia Capital’s 1st transaction in Sweden.

M&A Deal Summary

Date 2020-02-10
Target Futur Pension
Sector Insurance
Buyer(s) Polaris Private Equity
Acathia Capital
Sellers(s) Danske Bank
Deal Type Divestiture

Target

Futur Pension

Stockholm, Sweden
Futur Pension is an insurance company, that offers private individuals and companies complete solutions in occupational pensions, endowment insurance, private pensions, and life insurance. Futur Pension was founded in 1999 and is based in Stockholm, Sweden.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 2

Buyer

Polaris Private Equity

Copenhagen, Denmark

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 1.3B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Polaris Private Equity is a mid-market Danish private equity firm focused on buyouts within Denmark and Sweden. Polaris does not have any sector preferences, however the Firm looks for 'niche' businesses that exhibit growth potential and have the ability to lead their markets. Prospective companies typically have revenues of at least €20 million. Polaris was formed in 1998 and is based in Copenhagen.


DEAL STATS #
Overall 38 of 55
Sector: Insurance M&A 1 of 1
Type: Divestiture M&A Deals 3 of 3
Country: Sweden M&A 13 of 20
Year: 2020 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-06 Link Logistics

Brøndby, Denmark

Link Logistics is a logistics partner within express transports with global agreements covering the largest courier transport suppliers. Link Logistics was founded in 2002 and is based in Brøndby, Denmark.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-02 PWT A/S

Aalborg, Denmark

PWT A/S is a privately held company owns and operates menswear chains.

Sell -
Buyer

Acathia Capital


Category Private Equity Firm
Founded 2013
PE ASSETS 250M EUR
Size Small
Type Sector Focused
DESCRIPTION

Acathia Capital is a private equity firm focused on investments in the financial services sector across Europe. The Firm looks to partner with management in businesses valued between €5 million and €3 billion to support majority and minority investments. Acathia Capital was founded in 2013 and is based in Frankfurt, Germany.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2020 M&A 1 of 1

Seller(S) 1

SELLER

Danske Bank

Copenhagen, Denmark

Category Company
Founded 1871
Sector Financial Services
Employees20,220
Revenue 56.4B DKK (2024)
DESCRIPTION
Dance office and branch in central Stockholm, Sweden.
Dance office and branch in central Stockholm, Sweden.

Danske Bank is a financial services group serving Northern Europe. Danske offers a full range of banking services, with an emphasis on retail banking. Danske Bank was founded in 1871 and is based in Copenhagen, Denmark.


DEAL STATS #
Overall 2 of 3
Sector: Insurance M&A 1 of 1
Type: Divestiture M&A Deals 2 of 3
Country: Sweden M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-28 Danish Ship Finance

Copenhagen, Denmark

Danish Ship Finance is a Danish financial institution that issues loans to Danish and foreign shipowners secured against their vessels. The company's vision is to be the most recognised and stable provider of financing for reputable shipowners. Ship financing requires a high degree of specialisation and expertise at every level, and the company's 70 employees currently manage a loan portfolio of around DKK 43 billion secured against some 450 vessels. The loan portfolio has broad exposure to numerous shipping segments and focuses on shipowners in Denmark and abroad with high credit ratings. Danish Ship Finance was founded in 1961 and is based in Copenhagen, Denmark.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-07 United Fintech

London, United Kingdom

United Fintech is a digital transformation platform that helps global financial institutions and cutting-edge technology providers unleash their full potential and enable the future of finance. United Fintech was founded in 2020 and is based in London.

Buy -