BAIN CAPITAL takes majority stake in Tingstad

Announced in March 2026, this strategic partnership formalizes the entry of the private equity firm Bain Capital into the shareholding structure of Tingstad through a majority stake acquisition. Under the negotiated terms of this corporate transaction, the founding owners transfer ultimate control of the business to the financial sponsor while former Chief Executive Officer Paul Jigberg retains a significant minority ownership stake alongside the incumbent management team. Generating an estimated in consolidated turnover and an adjusted operating profitability of , the targeted distribution company secures access to extensive institutional capital to fuel its next phase of commercial development. The strategic thesis driving the investment focuses on aggressively expanding the corporate footprint across the broader Nordic region through a combination of sustained organic growth and targeted external acquisitions. By leveraging the sponsor's profound expertise in business-to-business supply chains, the new ownership consortium aims to accelerate digital transformation initiatives, optimize the private label portfolio, and further institutionalize procurement capabilities. The transaction mechanics, while keeping exact valuation metrics fully confidential, deploy a combination of equity and debt financing structures typical for mid-market corporate buyouts. The execution of this ownership transition was facilitated by a comprehensive advisory pool across legal and financial perimeters. The acquiring sponsor mandated Jefferies and Danske Bank to act as lead financial advisors, while Kirkland & Ellis and Advokatfirman Vinge provided dedicated legal counsel to structure the acquisition. On the sell-side, the exiting founders and management were advised by DNB Carnegie Investment Bank on financial aspects, with Setterwalls Advokatbyrå ensuring legal representation. Through this institutional alliance, the newly backed platform is uniquely positioned to consolidate a fragmented competitive landscape while preserving the entrepreneurial commercial culture that historically defined its operational success.