Altor Equity completes double

Scandinavian buyout firm Altor Equity Partners has made two investments from its debut fund, which closed on E650m earlier in the year.

Altor Equity Partners, which closed its 2003 fund on E650m in June after fundraising for just four months, has completed its second and third investments for an undisclosed sum.  

Altor has acquired Contant, a leading Finnish debt collection agency, from a consortium of owners led by Finnish private equity firm Sponsor Capital and Nordic financial services group Nordea.

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