Investment Summary

Altor Equity Partners Invests In Toteme

On May 21, 2021, private equity firm Altor Equity Partners invested in apparel/textiles company Toteme

Investment Highlights
  • This is Altor Equity Partners’ 2nd transaction in the Apparel/Textiles sector.
  • This is Altor Equity Partners’ 38th transaction in Sweden.

Investment Summary

Date 2021-05-21
Target Toteme
Sector Apparel/Textiles
Investor(s) Altor Equity Partners
Deal Type Stake Purchase

Target

Toteme

Stockholm, Sweden
Toteme is an operator of a fashion label studio that creates ready-to-wear, shoes, bags, and accessories. Toteme appeal of a modern uniform through distinct design cues, meticulous craftsmanship, and methodic repetition. Pieces are subtly refined and tweaked over time for a well-curated wardrobe that transcends trends. Toteme employs a digital-first and direct-to-consumer business model which is mixed with selected online retailers and department stores. Toteme was founded in 2014 and is based in Stockholm, Sweden.

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Investor(S) 1

Investor

Altor Equity Partners

Stockholm, Sweden

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2003
PE ASSETS 8.3B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Altor Equity Partners is a private equity firm that looks to principally invest in medium-sized Nordic based companies across a broad range of industries. Altor typically seeks control positions when investing. Prospective companies generally have revenues of €50 to €500 million. Broad areas of interest include healthcare services, electronics, technology, financial services, business services, niche manufacturing, capital equipment, software, marine, consumer products, and communications. Altor Equity Partners was formed in 2003 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 83 of 99
Sector: Apparel/Textiles M&A 2 of 4
Type: Stake Purchase M&A Deals 7 of 7
Country: Sweden M&A 38 of 46
Year: 2021 M&A 5 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-11 Aarke

Stockholm, Sweden

Aarke sells home carbonation machines with a sleek, minimalistic Scandinavian industrial design and related products via its global distributor network and own webshop. Aarke was founded in 2013 and is based in Stockholm, Sweden.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-14 Sbanken

Bergen, Norway

Sbanken is an independent online bank in Nordics. Sbanken offers a comprehensive range of financial products and services to individuals and households in Norway within payments and card services, deposit-based savings, investment products, long-term and short-term loans. Sbanken was founded in 2000 and is based in Bergen, Norway.

Sell -