| CUSTOMER STORY
How Nordic Capital Achieves Operational Efficiency with Gain
The Challenge:
Fragmented data made it difficult to quickly evaluate target companies.
Use Cases:
Deal sourcing
Opportunity tracking
The Results:
Faster, more structured workflows and improved operational efficiency.
Founded in 1989, Nordic Capital is a leading private equity firm recognized for its distinct sector approach and deep specialization in healthcare, technology & payments, financial services and services & industrial tech. With 10 offices across three continents, Nordic Capital excels in sourcing and investing in the most attractive sectors in Northern Europe and North America. Their mission is to build stronger, sustainable businesses through strategic partnerships, offering unparalleled sector knowledge, capital and experience. To date, they have raised 12 funds, managing €31 billion in assets and investing over €25 billion in 145 companies, establishing themselves as prominent players in the market.
Navigating the Challenge of Incomplete Data
As technology increasingly influences private equity, PEs are recognizing the necessity of leveraging high-quality and reliable datasets to carry out their work effectively. However, many still experience challenges in gaining the full financial picture for the companies within their target markets.
The team at Nordic Capital was looking for a platform that was able to provide all the information they needed in one place.
Key Selection Criteria
In their search for the ideal private market intelligence platform, Nordic Capital evaluated different platforms based on three key criteria:
The availability of data
The completeness of data
An intuitive structure and organization
In order for the data platform to meet their criteria, Kevin Charymski, Investment Manager at Nordic Capital, noted, “the platform must have good coverage on the companies in our sweet spots, all relevant information and data gathered and aggregated in one place and it be presented in an organized way.”
The Solution:
Evaluating Gain Through a Trial
To evaluate Gain, the investment team at Nordic Capital underwent a trial period where they could test out the platform, seeing if it was valuable for their specific use cases. “I was a part of a two-week trial where our team could test out the platform. During this time, I was impressed by the coverage of companies in Germany. I remember thinking I wished I had had this tool back when I was an intern and would spend so much time manually researching companies. We immediately saw that with Gain, you can really quickly identify whether the company is a relevant opportunity or not.” - Kevin Charymski
By meeting all their selection criteria with excellence, Gain was the obvious choice for Nordic Capital. After procuring the platform, they were able to implement it into their daily workflows almost instantaneously.
Use Cases:
Efficient Private Company Research
One of the prime ways Nordic Capital uses Gain is to conduct research on private companies.
To conduct this research, the team at Nordic Capital reads our in-depth company profiles that are equipped with all the data and insights needed to effectively evaluate a company as a potential investment opportunity. These profiles include:
Cleaned financials
Business descriptions
Ownership details
ESG ratings
Similar companies
And much more
Nordic Capital trusts in Gain’s data and insights for their research, saying, “the quality of the information and insights on Gain is very good.” This can be attributed to our “high-tech high-touch” approach to curation where we blend the best of both technology and human expertise to deliver high quality information that’s always up-to-date.
With easy access to key information in organized company profiles, Nordic Capital is able to significantly streamline their initial research process. "What I find so great about Gain is that it also gathers a lot of qualitative information and provides it in a concise and structured way. This is something which is very valuable and what I would say differentiates Gain from other platforms." - Kevin Charymski
Streamlined Deal Sourcing
Nordic Capital leverages Gain in their deal sourcing process to find and research relevant investment opportunities within their sweet spots. On the platform, they can filter for the companies that matter to them most based on granular investment criteria, such as:
Financials
Business model
Ownership type
CEO age
Similar companies
Industry
By using our filter system, they can now screen entire sectors instead of focusing on individual targets, which enhances their efficiency. This approach has also reduced their reliance on external advisors, as they now conduct most of their research in-house.
Organized Company Tracking
Nordic Capital leverages Gain to effectively track and monitor target companies. Our Bookmarks allow the team to create either static or active lists that automatically update as new companies fall within their specified filter criteria. These Bookmarks provide the team with a structured way to store and organize their opportunities and insights.
The results:
Achieving Operational Efficiency with Gain
Since procuring Gain, Nordic Capital has experienced significant improvements in their operational efficiency and research capabilities. “Because of Gain, we’ve been able to create structure in our thoughts, save time and create overall team efficiency.” - Kevin Charymski
Nordic Capital’s Ongoing Success
Since adopting Gain, Nordic Capital has had continued success with the platform. Their dedicated customer success manager supports them by helping with any questions or queries as they arise.
Overall, our platform continues to be an invaluable tool for Nordic Capital. With unparalleled technology backed by a team of top talent, Gain supports them in their mission to find, invest in and build stronger, sustainable businesses.
