Francisco Partners Acquires Macrobond from Nordic Capital; Focuses on Growing its Global Presence
Francisco Partners, a leading global investment firm specializing in partnerships with technology companies, today announced the acquisition of Macrobond, a leading financial data and technology innovation company, from Nordic Capital, one of Europe’s leading private equity investors. Macrobond founder Tomas Liljeborg will continue as chief executive officer and remain an important shareholder of the company.
Since 2008, Macrobond has transformed the workflow of economists, analysts and strategists worldwide, increasing productivity, fostering deeper collaboration, and enabling them to analyze and forecast financial and macroeconomic data more efficiently. Macrobond partnered with Nordic Capital in 2018 and has experienced significant growth since then, with 230 employees operating from offices in Europe, Asia and the US.
Today, Macrobond provides the world’s largest macroeconomic and financial database, providing nearly 300 million time series, as well as tools and technologies to rapidly analyze, visualize, and analyze Share information from an intuitive integrated workflow platform. Macrobond serves more than 800 institutions worldwide, including some of the world’s largest banks and asset managers, as well as hedge funds, central banks and research firms.
“When I founded Macrobond in 2008, our goal was to deliver the world’s most comprehensive source of economic and financial intelligence for financial professionals that helps them quickly comprehend relevant data. Now in 2023, we are focused on further expanding our presence and customer personas across the globe, as well as accelerating technological innovation and growth across new datasets,”
“Partnering with Francisco Partners will help Macrobond increase our growth and innovation across our market-leading product suite.”
Tomas Liljeborg, Founder and Chief Executive Officer at Macrobond.
“Customers attest that the Macrobond platform, through its highly reliable, current and comprehensive data as well as its easy-to-use search, visualization, and analytics engine, helps them do their jobs better. Tomas and the team have grown the business by continuously improving the value they deliver to these customers, and we are delighted to back Macrobond to further improve its growth and impact,”
Mario Razzini and Ashley Evans, Partners at Francisco Partners, and Quentin Lathuille, Principal at Francisco Partners.
“We’re delighted to have been on this journey with Macrobond and are proud of their tireless devotion during this period. Together with Tomas and the rest of the management team, Nordic Capital has focused on expanding the company’s offering to support its focus on becoming the platform of choice for people working in financial and economic research worldwide. We are proud of Macrobond’s achievements and remain convinced that they will continue to deliver outstanding services to customers around the world and see this transaction as a start of an exciting next phase for Macrobond,”
Emil Anderson, Partner, Nordic Capital Advisors. The investment is subject to customary closing conditions.
Moelis & Company served as financial advisor and Paul Hastings served as legal counsel for Francisco Partners. Arma Partners, PWC and White & Case act as advisors to Nordic Capital and Macrobond.