A strategic partnership with Nordic Capital
Nordic Capital recognised Macrobond’s unique potential early on. Through a close collaboration with the company’s management and founders, significant investments have been made to enhance the company’s technology platform and accelerate its growth trajectory. These efforts focused on strengthening Macrobond’s position as a leading global provider of analytical tools and data services, while preserving its core values of innovation and customer-centricity. The partnership also emphasised commercial excellence and organisational strengthening. During Nordic Capital’s majority ownership period, the management team was strengthened with new functions, and the Company’s sales operations where streamlined. This resulted in increase in average deal size through a solution-driven sales model, and improvement of net revenue retention. Sales productivity more than doubled with a streamlined sales team boasting blue-chip experience. Another key achievement was the tripling of annual contract value, with a growth trend of 34% LTM observed at the time of the exit, in 2023.
Technology investment: building a best-in-class platform
At the heart of Macrobond’s success is its robust and scalable technology platform. Nordic Capital’s support has enabled the company to expand its SaaS solution, offering seamless access to macroeconomic data from over 2,500 sources. This investment has pushed Macrobond to the forefront of the industry, offering users automated workflows, comprehensive metadata, and efficient data sharing capabilities. The platform’s flexibility and precision have helped financial analysts worldwide streamline their research processes and improve productivity.
Expanding product offerings and global reach
Macrobond’s product expansion has been a key focus area. In collaboration with Nordic Capital, the company has broadened its service offering, integrating more data sources and refining its proprietary software to support complex financial analysis. This expanded portfolio has allowed Macrobond to capture new markets and attract a broader client base, from leading global financial institutions to academic researchers. Before 2019, Macrobond had a single product with around 40 million macro time series. Since then, strategic investments have laid the foundation for continued rapid growth, expanding the product range to five products covering the full breadth of research software workflows and
increasing the data to over 300-million-time series in 2023. Between 2019 and 2023 Macrobonds time series increased from 40 to 300 m +.
Momentum for global growth
From its Nordic origins, Macrobond has successfully expanded into global markets, establishing itself as a trusted provider of economic and financial data solutions. Nordic Capital’s strategic guidance and investment have enabled the company to pursue ambitious growth targets, enhancing its market position in Europe, North America, and Asia. This international momentum underscores Macrobond’s commitment to becoming the global platform of choice for financial research. With a solid foundation and clear strategic direction, Macrobond is well-positioned for continued growth. Its focus on innovation, technological excellence, and customer-centric solutions ensures that Macrobond will remain a leader in the economic and financial data industry for years to come. In 2023, Macrobond was divested to Francisco Partners, a global investment firm specialising in technology businesses. However, Nordic Capital remains a minority share, reflecting its continued belief in the company’s growth potential and commitment to supporting its ongoing success.
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