Swedish private equity fund Valedo has acquired a majority of thermal binding company Bindomatic. The transaction is made in partnership with previous majority owner Sture Wiholm who will retain a significant minority stake.

Swedish private equity fund Valedo has acquired a majority of thermal binding company Bindomatic. The transaction is made in partnership with previous majority owner Sture Wiholm who will retain a significant minority stake.

A team from Vadestra Strategy, led by Niklas Löfling, managing partner, acted as commercial adviser to the acquirer. Vedestra carried out commercial due diligence and advised on the development of the business plan.

Bindomatic is a global company in the market for thermal binding of documents and presentations. Through Valedo’s investment, the company will gain access to additional resources in terms of capital and competence to drive growth and development of the operations.

Sture Wilholm commented: “It is with great pleasure I welcome Valedo as the new majority owner and I look forward to our future co-operation… I am convinced that Valedo will be a valuable support for future growth and expansion. I share Valedo’s vision and positive view on Bindomatic’s future development and possibilities.”