Carnegie is the Nordic market leader within Investment Banking, Equity Research, Securities and Private Banking. The Nordic Investment Bank can trace its history back to the 18th century, when a Scottish man, by the name of David Carnegie, founded the firm in 1758.
With more than 600 experienced and committed employees operating in seven countries, Carnegie includes some of the most experienced finance professionals in the region and our technical knowledge, coupled with our strong long-standing client relationships, makes Carnegie an essential partner and advisor.
Carnegie has the largest and most experienced Investment Banking team in the region and tops the leader board consistently when it comes to M&A excellence. According to the 2020 M&A Sweden league tables, Carnegie executed more M&A transactions than any other advisor and double the number of transactions as the next competitor last year. Furthermore, in Sweden, Carnegie is #1 advisor in all three categories: M&A Advisors, ECM Advisors and Corporate Finance Advisors ranked by Investment Banking clients.
Notably, Carnegie is also number one ECM advisor ranked by our clients and has completed more ECM transactions in 2020 than any other Investment Bank in Europe.
Carnegie was announced as the winner of Sweden M&A Financial Advisor of the Year 2020 in Mergermarket's European M&A Awards.
The outbreak of the pandemic saw more clients turning to Carnegie for M&A advice, increasing its share of dealflow in Sweden according to Mergermarket league tables. The bank advised on 50% more deals than the previous year, securing mandates on 23 deals with a disclosed deal value of €1.8bn.
Private equity deal highlights included the disposal of Doggy to Cinven's Partners in Pet Care, a deal executed at the height of the pandemic; as well as the disposal of Thomas Cook Northern Europe to TDR Capital and Altor.