Permira Credit – Acquisition of shares in Quant
We acted as local counsel for Permira Credit in its acquisition of the majority of shares in Quant AB (publ), a leading service provider in industrial maintenance, maintaining and improving of safety, production and equipment performance around the world. The shares were acquired from Nordic Capital. Quant is a leading multinational maintenance service provider, maintaining and improving the safety, production and equipment performance for over 400 facilities around the world. The company offers maintenance services within a wide range of industries, including pulp and paper, mining and minerals, chemicals, food and beverages. The core of Quant’s value proposition consists of improving safety, creating organizational equity, driving plant performance, and cost alignment. The approach is to view the maintenance function as a profit contributor, and not as a cost centre, with Quant as the partner driving this transformation. Quant has more than three decades of experience, 2,400 employees and headquarters in Stockholm, Sweden. Permira is a global investment firm that backs successful businesses with growth ambitions. Founded in 1985, the firm advises funds with total assets under management of over EUR 60 billion and makes long-term majority and minority investments across two core asset classes, private equity and credit. Permira Credit, established in 2007, is one of Europe’s leading specialist credit investors, supporting businesses with flexible financing solutions across Direct Lending, CLO Management and Structured Credit. The firm advises investment funds and products which have provided more than EUR 14 billion of debt capital to over 300 European businesses. Permira employs over 450 people in 16 offices across Europe, the United States and Asia.
Case published 2.12.2022
