Mandatum Asset Management's Growth Equity II fund invests €22.5 million in Epical to accelerate its growth as a leading data consultancy in the Nordic region.
Target Company Overview
Mandatum Asset Management's (MAM) Growth Equity II fund has announced an investment in Epical, a leading data consulting company in the Nordic region. Epical aims to establish itself as the most trusted and innovative data consultancy in Northern Europe. With expertise in data management, utilization, and protection, Epical stands as a key player in the data consulting market.
Founded in Sweden, Epical operates ten offices across Sweden and Finland, serving over 400 clients spanning various sectors, including both private and public entities. In 2024, the company's revenue reached EUR 46 million and it employs approximately 400 digital experts. This investment will further enhance Epical's service offerings and fuel its growth aspirations.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in the Nordic Region
The data consulting industry in the Nordic countries is experiencing significant growth, spurred by increasing demand for data-driven business solutions across various sectors. Companies are increasingly recognizing the value of data and t
Similar Deals
Priveq Investment → Frontit
2023
TA Associates → DOCU Nordic Group Holdings AB
2023
Priveq Investment → Danfo
2023
Mandatum Asset Management
invested in
Epical
in 2025
in a Growth Equity & Expansion Capital deal
Disclosed details
Transaction Size: $24M
Revenue: $50M