Nicace Holding sells a large minority stake in APC Forsikringsmæglere
Through his holding company Nicace Holding, founder and CEO of APC Forsikringsmæglere Peter Lindblad has agreed to sell a substantial minority shareholding in APC to Söderberg & Partners. Prior to the sale to Söderberg & Partners, Nicace Holding acquired, in a separate transaction, the shareholding of the former minority owner APC Partner 1. Plesner advised Nicace Holding on both transactions.
APC Forsikringsmæglere is the largest B2C pension broker in Denmark and one of the leading Fintech developers in the pension industry. The company was founded in 2007 by its current CEO, Peter Lindblad, who will remain as the majority shareholder after the transaction.
Founded in Sweden in 2004, Söderberg & Partners is a Nordic market leader in pension advice and corporate insurance services. Söderberg & Partners has in the transaction acquired a significant minority stake in APC Forsikringsmæglere.
As part of the transaction, the EUR 35m financing facility provided by Muzinich Pan-European Private Debt Fund in 2019 (read more here) was refinanced with Muzinich continuing as lender.
Before selling the minority stake to Söderberg & Partners, Peter Lindblad acquired all the shares of the former minority owner, APC Partner 1.
The aim of the APC team is now to continue the growth of APC from its strong position.