Gernandt & Danielsson advises in connection with a Nordic Capital investment vehicle exiting its investment in Vizrt Group to a new Nordic Capital-led consortium, comprising a secondary acquisition vehicle and other Nordic Capital investment vehicles. The secondary acquisition vehicle, which forms part of the new Nordic Capital-led acquiring consortium, was established with investment vehicles managed or advised by Goldman Sachs Asset Management’s Vintage Funds, Pantheon and Coller Capital as co-leads.

Vizrt Group is a global leader in production software for live video production, with large and diversified product segments serving News & Entertainment, Sports & eSports, Enterprise & Org. and Digital Industries. Vizrt Group is a global and diverse organisation with over 600 employees from 58 different nationalities, with offices in 16 countries worldwide.

The financial terms of the transaction were not disclosed. The completion of the transaction is subject to certain conditions such as satisfactory clearance from relevant anti-trust authorities.

Nordic Capital was advised by, among others, Kirkland & Ellis as lead counsel and Gernandt & Danielsson as Swedish legal counsel. G&D’s team consisted of partners Carl Westerberg and Corinne Ekman, senior associates Erika Olofsson and Oscar Anderson and associates Filip Persson and Matteus Özer.