- Regnology provides regulatory, risk, and supervisory technology services
- Nordic Capital acquired Regnology in December 2020
- CPP Investments is a pension system headquartered in Toronto
Canada Pension Plan Investment Board (CPP Investments) has agreed a significant minority investment in Nordic Capital-backed Regnology.
CPP has committed about €460 million (C$690 million) for the minority stake.
In addition, Nordic Capital will make a new investment alongside its current ownership. Nordic Capital acquired Regnology in December 2020.
Regnology is a software provider with a focus on regulatory reporting solutions for financial institutions. The Frankfurt, Germany-based company provides regulatory, risk, and supervisory technology services.
This investment allows Regnology further access to long-term capital, global networks and sector expertise to accelerate its expansion into more international markets both organically and through strategic acquisitions, a statement read. Also, it will increase investment in Regnology’s technology and product offering.
“Under Nordic Capital’s ownership, Regnology has transformed from a carve-out into a sizeable software platform in the RegTech space and the management team has successfully executed the key levers of the initial value creation plan,” said Fredrik Näslund, partner and head of Technology & Payments at Nordic Capital Advisors, in a statement. “Nordic Capital is delighted to be investing further together with CPP Investments to support this journey, allowing Regnology to scale its business model globally.”
CPP Investments is a Canadian pension system. It is headquartered in Toronto, with offices in Hong Kong, London, Mumbai, New York City, San Francisco, São Paulo and Sydney.
Nordic Capital is a sector-specialist private equity investor, focus sectors are healthcare, technology and payments, financial services, and service and industrial tech. It has local offices in Sweden, the UK, the US, Germany, Denmark, Finland, Norway, and South Korea.
