2024-12-20

Alektum Holding moves forward with strategic acquisition of Rediem Capital

Alektum Holding is excited to announce that all conditions for the acquisition of Rediem Capital have now been fulfilled. With approval from the Swedish Financial Supervisory Authority and consent from our lenders, we are taking the first step by acquiring a 49.9% stake in Rediem Capital. This marks the beginning of our strategic journey toward full ownership, which will be finalized once Rediem achieves Specialized Debt Restructurer (SDR) status, unlocking significant potential for Alektum Holding and its stakeholders.

Rediem Capital, which holds a banking license (sv. kreditmarknadsföretag) and is authorized to accept deposits and aims to achieve SDR status. Acquiring Rediem Capital is a key component of Alektum Holding’s long-term strategy, and is expected to bring considerable advantages in capital efficiency, funding and Non Performing Loan (NPL) portfolio management, solidifying Alektum Holding’s position in the market, and giving us a competitive edge.

“This is a transformative moment for Alektum Holding as we take this important first step toward full ownership of Rediem Capital. The potential for SDR status opens up significant opportunities for us to optimize our funding structure and enhance the value we deliver to our clients. We are excited about the journey ahead,” says Linus Singelman, CEO of Alektum Holding.

The acquisition is part of a larger strategic optimization within Alektum Group, where the business has been structured into two distinct pillars: Debt Collection and Portfolio Investments, each operating as separate business areas under the Alektum Holding umbrella. Once full ownership is achieved, Rediem Capital will serve as the dedicated portfolio investment company to the Group.

Advisors

Lenner & Partners Corporate Finance has acted as financial advisor and Gernandt & Danielsson Advokatbyrå has acted as legal advisor in connection with the completion of the Transfer. Advokatfirman Cederquist has acted as legal advisor in connection with the completion of the new bank agreement.

For more information contact: Linus Singelman, CEO Alektum Holding: linus.singelman@alektumgroup.com